BM Fund, a well-known family office in Canada, announced a $10 million investment in MT Capital. Momentum Capital (MT Capital for short) is a native cryptocurrency fund headquartered in the San Francisco Bay Area. It was initiated by multiple senior investors who entered the cryptocurrency industry early, and the main team members have invested in many well-known projects. Carmen, the founder of BM Fund, said: "MT Capital's partner Eason has achieved significant returns for us in many previous collaborations. His professional investment vision is an important reason why we decided to invest in Momentum Capital during the bear market."

Eason, a partner of MT Capital, said: "Regardless of the bear market or bull market, we will be committed to investing in high-value projects that can truly lead Web3 narratives globally. The next year is a new round of market cycle transformation and new technology discovery and trend verification stage. We will focus on betting on Web3 infra and applications that may lead hotspots."