11 Aug '18, 12am

Singapore-Based Venture Capital Firm To Open The $10 Million LuneX Crypto Fund

While many seem to be slightly hesitant to invest solely into crypto assets, investors seem to be all over the idea of blockchain technology, especially venture capitalist firms, who see blockchain technology as one of the fastest growing spaces in a multi-trillion dollar market. Reuters reports that Singapore -based Golden Gate Ventures will be launching a $10 million fund that will be focused on investing in the flowering blockchain industry. The prominent Asian venture capital firm noted that it plans to invest into promising cryptocurrency and blockchain startups, that utilize (or aim to utilize) DLT-based technologies in an innovative manner. It was also noted that this new fund, dubbed LuneX Ventures, will allocate resources to early-stage companies, like cryptocurrency exchanges and cybersecurity providers. Those investing into this $10 million fund will include hig...

Full article: https://ethereumworldnews.com/venture-capital-lunex-crypt...

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