🚀 Lombard To Launch Public Test Of Bitcoin Repledge Protocol On September 5
#Lombard #Bitcoin #repledge #DeFi #Veda #publictest #funding #Polychain #ForesightVentures #MiranaVentures #BabylonChain #dao5 #MantleEcoFund #NomadCapital #BTC
According to Foresight News, Bitcoin repledge protocol Lombard has announced the commencement of its public test on September 5. In addition, the project has introduced a DeFi Vault operated by Veda, designed to offer a one-click solution for accessing DeFi yields.
Previously, Foresight News reported that Lombard successfully completed a $16 million seed funding round. The round was led by Polychain Capital and saw participation from Franklin Templeton, Foresight Ventures, Mirana Ventures, BabylonChain, Inc., dao5, Mantle EcoFund, and Nomad Capital.#Lombard #Bitcoin #repledge #DeFi #Veda #publictest #funding #Polychain #ForesightVentures #MiranaVentures #BabylonChain #dao5 #MantleEcoFund #NomadCapital #BTC
🚀 APRO Oracle Secures $3 Million Seed Funding Led By Polychain And Franklin Templeton
#APROOracle #SeedFunding #Polychain #FranklinTempleton #Bitcoin #DecentralizedOracle #Liquidity #MultiChain #Blockchain
According to BlockBeats, on October 7, the decentralized oracle network APRO Oracle, which operates within the Bitcoin ecosystem, successfully completed a $3 million seed funding round. The funding was led by Polychain, ABCDE, and Franklin Templeton, with participation from CMS Holdings, Comma3 Ventures, UTXO Ventures, Oak Grove Ventures, and Presto Labs. APRO Oracle aims to enhance liquidity within the Bitcoin ecosystem and is currently expanding its services to multiple chains, providing oracle solutions for the broader ecosystem.#APROOracle #SeedFunding #Polychain #FranklinTempleton #Bitcoin #DecentralizedOracle #Liquidity #MultiChain #Blockchain
🚀 German Investment Firm Lennertz & Co. Seeks $165 Million for Third Crypto Fund
#LennertzCo #CryptoFund #Investment #Blockchain #VentureCapital #Cryptocurrency #FundOfFunds #PrivateEquity #Multicoin #Polychain #HackVC #BainCapital #Lightspeed #AndreessenHorowitz
According to Odaily, German investment firm Lennertz & Co. is aiming to raise $165 million for its third cryptocurrency fund. Oksana Tiedt, the head of fund investments at Lennertz, confirmed the fund has completed its first close but did not disclose specific figures. Founded in 2015, Lennertz & Co. is a multi-family office that invests in various asset classes, including private equity and traditional venture capital. The firm began exploring the blockchain sector around 2016 and launched a $35 million fund of funds in 2020 after privately investing in a fund. In 2022, it introduced a second $65 million fund. As a fund of funds, Lennertz does not directly invest in portfolio companies or token trades but rather invests in other firms, including well-known crypto venture capital firms like Multicoin, Polychain, and Hack VC. The second fund focused on generalist funds with crypto strategies, including Bain Capital, Lightspeed, and Andreessen Horowitz. With the third fund, Lennertz plans to invest in 8 to 10 blockchain-focused venture capital funds, some in Europe but mostly in the United States. Tiedt mentioned that Lennertz has already raised sufficient funds to invest in two funds, specifically Polychain and Bain Capital's crypto funds.#LennertzCo #CryptoFund #Investment #Blockchain #VentureCapital #Cryptocurrency #FundOfFunds #PrivateEquity #Multicoin #Polychain #HackVC #BainCapital #Lightspeed #AndreessenHorowitz