8 months ago

Singapore’s Golden Gate Ventures has announced the launch of a venture-based cryptocurrency fund with an authorized capital of $10 million.

LuneX Ventures will invest in new start-ups aimed at developing the crypto industry, in particular, developing solutions for scalability, security, and custodial and institutional services.

The fund will be headed by former director of Golden Gate Ventures development Kenrik Dridzhoningen and concurrently a founding partner of LuneX Ventures.

According to Kenrik Dridjkoningen, the fund has already invested in the Singapore stock exchange Sparrow Exchange.