Singapore's Golden Gate Ventures launches $10 million crypto fund
Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups.
The fund, called LuneX Ventures, will invest in early-stage companies globally such as cryptocurrency exchanges and security providers.
Investors in the fund will include high-net worth individuals and family offices.
share market today news live nse bank nifty bse indian index Nifty 50 Sensex rupee dollar GIFT Nifty futures
Mutual Fund NFO: Quantum MF starts subscription for its new multi asset fund, know minimum investment, SIP details, other features lump sum direct regular plan amc
Infinix Hot 40i with segment-first 32MP selfie camera to go on sale from tomorrow - Check price and other details
Outlook for Indian economy appears bright, but need to keep a watch on global headwinds: FinMin report
The fund is among a cluster of similar ventures that invest in the cryptocurrency space, backed by wealthy individuals and financial firms, that have emerged over the past year. Such firms have partially replaced the retail investor base, which drove bitcoin`s skyrocket rise in 2017.
The price of the world`s biggest and best-known virtual currency
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)