Web3 investor DNA Fund announced the acquisition of investment management firm Coral Capital for an undisclosed sum. The acquisition will give DNA Fund more than $50 million in assets under management, including Coral's high-yield hedge fund and venture funds focused on DeFi, artificial intelligence, blockchain and other areas. DNA Fund said that DNA and its founders have invested in projects such as Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph, while Coral has invested in Near Protocol and Atmos Labs.