New Crypto Fund Targets Early Builders: Is This Where The Next Blockchain Unicorn Starts?
Posted On June 23, 2025
Former Chrous One CIO Xavier Meegan launched Frachtis, a $20 million crypto-native pre-seed fund.
The fund is backed by investors including Theta Capital, RockawayX, Chorus One, and Cyber Fund.
Meegan led over 40 investments during his tenure at Chorus One. Now at Frachtis, his focus is on supporting technical crypto-native founders and supporting early-stage decentralized AI, infrastructure, middleware, and consumer applications.
“Frachtis was created to support technical founders who are deeply committed to building exceptional and innovative crypto products,” Meegan said.
Frachtis is structured as a solo general partner fund, supported by an advisory and investment …
About The Author
