Lowenstein Sandler represented 6th Man Ventures, a venture capital firm founded by Mike Dudas and Serge Kassardjian, in the formation of its second crypto fund. This $145 million fund will focus on early stage investments.
Lowenstein also worked with 6th Man on their first fund.
6th Man has backed the likes of NFT marketplace Magic Eden; STEPN, a startup that gamifies exercising; Rainbow Wallet; and Etherscan. In this new fund, Dudas is targeting three areas of crypto: play-to-earn gaming and metaverse projects; web3 networks and Decentralized Autonomous Organizations (DAOs); and infrastructure.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.