A bear market might not seem like the ideal time to be launching a crypto investment vehicle. But that’s not how blockchain pioneer David Johnston sees it – quite the opposite.

Revealed exclusively to CoinDesk, Johnston has launched the Yeoman’s Growth Capital (YGC) fund, seeking to raise up to $200 million to invest in projects that have built functioning software but need help getting it into users’ hands.

“We honestly think this is the perfect time to launch a growth capital firm that can take all of these great technologies built in the past few years and help bring them into enterprise and to mass adoption by consumers,” Johnston told CoinDesk.

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