Lightspeed VC raises $1.8 Billion to support crypto companies

Crypto Market News

Lightspeed Venture Partners has raised $1.8 billion aims to invest in various sectors including virtual currencies and the blockchain technology. Funds amounting to $1.05 billion would be invested in mature companies. The company is reported to have carried out 17 IPOs and invested in various blockchain initiatives carried out by Ripple Labs, BTC China, Blockchain.info, and Boost.

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