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
New Coin Listing – Crypto All-Stars Presale Hits $23.7 Million, 21 Hours Left
Crypto liquidations hit $1B as traders were ‘unprepared for bad news’
More than $1 billion has been liquidated in the crypto market over the past 24 hours as market participants were caught off guard by the strong momentum for crypto over the past 30 days. However, the analyst suggests the market downturn may be short-lived. “We’ve had such a bullish narrative over t
$SHIRO (CTO) Donates $1,000 USDT to the Neiro Foundation
A crypto collaboration to support animal welfare and global causes
Crypto liquidations hit $1B as traders were ‘unprepared for bad news’
Trending news
MoreCrypto prices
More
