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Singapore: Golden Gate Venture Invests $10 Million Crypto in Blockchain Startups

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Singapore-based firm Golden Gate Venture has set up a $10m crypto fund to be invested into blockchain startups.

According to Kenrick Drijkoningen, the co-founder of  the fund called LuneX Ventures, it will aim to “invest exclusively in high-growth blockchain companies and cryptocurrency assets” worldwide that are “building out services to grow the new crypto ecosystem.”

“Qualities favored include scalable infrastructure and interoperability, along with practical solutions to issues such as custody and security, and institutional services that will drive the next wave of adoption,”

 

Photo credit: Golden Gate Venture

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