Reddit Co-founder Alexis Ohanian\'s Seven Seven Six (776) to Launch $177.6M Crypto Fund "Kryptós"

Get ready for a major shift in the crypto investment landscape! Reddit co-founder Alexis Ohanian\'s venture capital (VC) firm, Seven Seven Six, is making a bold move into Web3. Seven Seven Six, the venture capital (VC) firm by Reddit co-founder Alexis Ohanian, is planning to make its first direct entry into the crypto space, aiming to raise a $177.6 million fund dubbed Kryptós.

This exciting news comes as Seven Seven Six is looking to raise $177.6 million for its new fund dubbed Kryptós, which will be focused on Web 3 and digital assets. Reddit co-founder Alexis Ohanian’s VC firm Seven Seven Six is currently planning to raise $177.6 million for a new fund focused on making investments in crypto. The US-based venture capital firm founded by Reddit’s creator Alexis Ohanian – will reportedly raise a $177 million fund to invest in promising projects in the Web3 and digital asset space.

What does this mean for the future of crypto? With Alexis Ohanian\'s proven track record in building successful online communities (like the massive CryptoCurrency community on Reddit with 8M subscribers or the other CryptoCurrency community with 7.2M subscribers), this new fund is poised to identify and support the next generation of groundbreaking crypto projects. The leading community for cryptocurrency news, discussion, and analysis.

Reddit co-founder Alexis Ohanian’s venture capital (VC) firm Seven Seven Six (776) is looking to raise a crypto investment fund worth $177.6 million, while current market conditions present both challenges and opportunities. Stay tuned for updates on this developing story as Seven Seven Six embarks on this exciting new venture! 1 de sept. de 2025