According to a report by The Block on April 30, Re7 Capital announced the establishment of a $10 million SocialFi special fund aimed at investing in about 30 early-stage projects. Although the current development in this field is still slow, Re7 partner Luc de Leyritz stated that "the timing is ripe," as infrastructure, talent, and user behavior have reached resonance. The fund will invest primarily in the form of initial checks ranging from $100,000 to $300,000, focusing on emerging SocialFi platforms in ecosystems like Lens Chain and Farcaster. The first round of funding has completed 60% subscription.