Lightspeed Faction launches $285M early-stage crypto fund
On November 9th, blockchain-focused venture capital firm Lightspeed Faction announced the launch of a $285 million early-stage crypto fund, which will focus on raising seed or Series A funding for early-stage blockchain projects. The fund was initially planned to raise $250 million, but ultimately exceeded the target by 14%. The average investment size is between approximately $5 to $10 million. Prior to going public, the fund has already invested about 20% of its capital in a few projects, with a deployment period of approximately three years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Crypto Sniper Incurs $465K in Losses on $XZY Token within 1 Hour
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
Chinese Analyst Assesses Ethereum’s Status, Says “Whales Have Run Out of Purchasing Power” – Here’s What He Expects
Chinese cryptocurrency analyst phenomenon Murphy evaluated the latest status of Ethereum in his statement. Here are the details.
Trending news
MoreCrypto prices
More








