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Gate Ventures, the venture arm of crypto exchange gate.io is all set to raise $200 million for its crypto fund by the end of Q3 2022. According to Kevin Yang, the managing partner of Gate Ventures, the fund will be focused on identifying and investing in alternative layer 1 and layer 2 protocols. Specifically, the firm is looking to invest in protocols that focus on cross-chain interoperability. The firm also has its eyes set on the blockchain gaming sector. According to Kevin Yang, “We have this vision that it will be a multi-chain and multi-layer future, with an open internet which also respects privacy,” https://www.coindesk.com/business/2022/04/29/gate-ventures-on-track-to-close-200m-crypto-fund-by-q3/