LD Capital announced the establishment of distributed fund LD Capital X, which will cooperate with 20 GP investment partners to invest in the market with an annual capital scale of 200 million US dollars. LD Capital X will adopt a distributed, transparent and open fund model to cooperate with high-quality GP and LP to support more Web3 entrepreneurs. The fund's cooperation with institutional investors and investment GPs is joint investment and joint harvest, and they participate in every link from finding high-quality projects and entrepreneurs, investing to post-investment management, so as to expand the ability to mine projects and enhance investment awareness. We will enhance post-investment service capabilities, form greater ecological cooperation, and insist on longer-term value investment. Foresight News noted that LD Capital was established in 2016 and has invested in more than 300 blockchain projects in the past 6 years.