10 Aug '18, 11pm

Singapore VC Unveils New Blockchain, Cryptocurrency Fund

LuneX Ventures , a partnership between Singapore-based venture capital (VC) firm Golden Gate Ventures and its former head of growth Kenrick Drijkoningen, is looking to invest US$10 million into five to ten blockchain and cryptocurrency startups by the end of the year, the company said on Friday. LuneX Ventures claims to be Southeast Asia’s first dedicated cryptocurrency, blockchain fund with traditional VC backing. The company said it will leverage “Golden Gate’s strengths in backing growth companies, gained from applying Silicon Valley expertise across the ASEAN region” and invest globally in “companies that are building out services to grow the new cryptocurrency ecosystem.” In particular, the firm said it was interested in entrepreneurs and companies that provide and tackle issues such as infrastructure scalability and interoperability, along with practical solutions to...

Full article: https://coinjournal.net/singapore-vc-unveils-new-blockcha...

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SINGAPORE — Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to ...

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