Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

The fund's focus will be on projects in the Bitcoin ecosystem, reflecting a trend in the last 18 months, whereby developers have sought to introduce utility to the world's oldest blockchain network.

The fund is anchored by Accolade Partners, a New York-based venture capital firm, which raised over $1 billion for three funds earlier this year.Lemniscap, a Cayman Islands-headquartered investment firm, said it raised a $70 million fund to back early stage Web3 projects. The fund will focus on projects in the Bitcoin ecosystem, reflecting a trend of the past 18 months, whereby developers havedecentralized physical infrastructure

Lemniscap has previously made over 130 investments, often in the role of a follow-on investor, including into blockchain networks Avalanche, The Graph and Axelar.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Dallas-based Platinum Parking acquired by private investment firmThe Broe Group and Hudson Valley Parking will look to help Platinum Parking reinvent the future of self-parking soon.
La source: dallasnews - 🏆 18. / 71 Lire la suite »

Ohio AG Yost files subpoenas in teachers pension scandal; investment firm respondsReporter at News 5 Cleveland
La source: WEWS - 🏆 323. / 59 Lire la suite »

Exclusive — Head of Global Investment Firm: Kamala Harris an ‘Economic Illiterate,’ Will Crash EconomySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

This Investment Firm Wants To Build A Campaign Tech Ecosystem For RepublicansJacob Wendler is a summer intern on the Tech & Innovation desk. He is also a rising senior at Northwestern University, where he serves as editor in chief of the student paper, The Daily Northwestern.
La source: ForbesTech - 🏆 318. / 59 Lire la suite »

Lincoln Property makes major investment in Dallas retail firmLincoln Property Company announced Tuesday a strategic investment in Dallas-based Centennial, a national retail real estate owner and operator.
La source: dallasnews - 🏆 18. / 71 Lire la suite »

UK investment firm Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortiumBritish investment firm Hargreaves Lansdown said on Friday it had agreed to a takeover offer of £5.44 billion ($6.94 billion) by a consortium including CVC Capital Partners.
La source: CNBC - 🏆 12. / 72 Lire la suite »