October 10, 2024
Fission has announced the successful completion of its $1.6 million pre-seed funding round, led by SALT Fund and Kraynos Capital, with participation from Anthony Scaramucci of Skybridge. This platform provides a new opportunity for both crypto enthusiasts and traditional finance participants to invest in and trade private equity-backed tokens, starting with Fission’s VC secondaries token, TECH.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Fission Labs | $1.6M | October 10, 2024 | Pre-Seed Round | SALT Fund, Kraynos Capital | DeFi |
Jonathan Shaffer, CEO and Co-founder of Fission Labs, highlighted that the testnet launch marks the beginning of a future where private equity and venture capital products merge with web3. He emphasized that global investors should have access to American private companies and the flexibility to sell their stakes as desired. DeFi is set to transform liquidity for private funds, enabling a new class of global market participants to own shares in America’s most innovative companies. Fission aims to blend institutional-grade compliance with a DeFi-native experience, offering attractive products for both financial institutions and retail users.
About Fission Labs
Fission is a decentralized finance (DeFi) platform designed to bring venture capital investments onto the blockchain. It allows users to invest in and trade private equity-backed tokens, making it easier for both crypto enthusiasts and traditional finance participants to access and manage these investments. Fission combines tokenization, trading, lending, and automated liquidity provisioning into a seamless, user-friendly experience. The platform aims to revolutionize liquidity for private funds and open up new opportunities for global investors.
Website: http://www.fission.xyz/
About Investor
SALT Fund and Kraynos Capital, with participation from Anthony Scaramucci of Skybridge.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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