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Ex-Chorus One CIO Xavier Meegan is launching a $20 million crypto native pre-seed fund, we’ve exclusively learned. 

At Frachtis, Meegan holds the role of General Partner with four others on an investment and advisory committee, including Chorus One’s Brian Crane and Felix Lutsch. The fund is based in Lisbon, Portugal. 

“There are five of us around the fund right now, and all of us have experience operating crypto-native businesses, which I think is kind of rare. There are only a few funds in the space that do that. Mix that with the fact that we also have experience operating blockchain…

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