Blockchain VC Firm Lightspeed Faction Launches $285M Fund for Early-Stage Projects
Blockchain-focused venture capital firm Lightspeed Faction is launching a new $285m fund aimed at investing in early-stage projects. The firm, whose team members have previously worked at Amber Group, Blockchain.com, Coinbase and Lightspeed Venture Capital, will also offer "crypto-native" advice to the projects it invests in. The new fund comes amid renewed optimism in the crypto sector, buoyed by the expectation of bitcoin spot ETF approval by the SEC. Lightspeed Faction typically invests in seed-stage and Series A funding rounds and has previously invested in Crossmint, Lens, Narya.ai, Skip.money and Matter Labs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chinese Analyst Assesses Ethereum’s Status, Says “Whales Have Run Out of Purchasing Power” – Here’s What He Expects
Chinese cryptocurrency analyst phenomenon Murphy evaluated the latest status of Ethereum in his statement. Here are the details.
Skipped Bitcoin Cash? Qubetics ($TICS) Could Be Your Redemption Ticket – Top Cryptos for Significant Returns
The crypto market has been on fire lately. With the spotlight shifting to new and innovative blockchain projects, everyone’s eyes are on which cryptos will make waves this year.Bitcoin Cash: A Missed Opportunity for Significant ReturnsQubetics: Revolutionizing Digital Finance with Real-World Asset TokenizationConclusion: Time to Act on Qubetics
BTC Short Position by ETH Whale Nears $332M
A crypto whale boosts their BTC short position to $332M, facing losses and potential short squeeze risk.Whale Boosts BTC Short Position Amid Market VolatilityRisk of Liquidation LoomsStrategic Buy Orders Placed
Pakistan Launches Crypto Council Led by Finance Minister
Pakistan forms Crypto Council to boost blockchain and crypto adoption, chaired by Finance Minister Muhammad Aurangzeb.Pakistan Takes a Bold Step Toward Crypto AdoptionFinance Minister to Lead the InitiativeFocus on Innovation and Financial Inclusion
Trending news
MoreCrypto prices
More
