May 28, 2024
Varys Capital and ThreePointZero Ventures have co-led a $1,075,000 investment in Ledger Works, a leading provider of RiskOps-as-a-Service solutions specifically designed to empower Web3 businesses.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
Ledger Works | $1.075m | May 28, 2024 | Seed | $1.075m | Varys Capital & ThreePointZero Ventures | Risk |
Ledger Works' RiskOps-as-a-Service platform leverages advanced real-time data analytics and financial modeling controls to equip Web3 businesses with the tools necessary to proactively manage their ongoing financial, regulatory, operational, and security risks. This integrated solution offers a unified dashboard with real-time computational models and protocols, enabling continuous market-wide and protocol-specific surveillance. By combining cyber, operational, regulatory, and financial risk controls, Ledger Works safeguards and optimizes Web3 business operations.
This investment reflects the confidence of industry leaders in Ledger Works' innovative approach to risk management within the Web3 space allowing Ledger Works accelerates their market-leading risk management solutions, providing Web3 companies with sophisticated risk analytics and modeling capabilities.
With investment from ThreePointZero Ventures and Varys Capital, Ledger Works can leverage their market insights and data analytics expertise which will be instrumental in enhancing the product offerings and delivering a world-class solution to customers.
About Ledger Works
Ledger Works understand that effective risk mitigation is no longer a luxury, but the foundation for success. They partner with Web3 businesses to shoulder the burden of risk operations, freeing them to focus on growth.
A strategic risk partner, Ledger Works offer comprehensive solutions that safeguard your business operations with their models actively optimizing customers financial performance within the Web3 ecosystem. This is achieved through a combination of real-time computational rules, continuous execution of deterministic and simulation models, and market surveillance.
Website: https://www.lworks.io
Twitter: @Ledger_Works
X followers today: 1,342
About Investor
Investor: Varys Capital
Description: Founded in 2018, Varys Capital is a digital asset investment firm headquartered in Abu Dhabi and Bangkok. They employ a multifaceted strategy, acting as both a global fund and market maker. Their focus lies in supporting and investing in companies at various stages of development, all working to build blockchain-powered businesses.
Location: Abu Dhabi, UAE
Website: https://varys.capital/
Investor: ThreePointZero Ventures
Description: ThreePointZero Ventures is a venture capital firm recently stepping into the spotlight after their successful initial fundraising round. Leveraging their extensive network and deep industry knowledge, ThreePointZero's team actively guides and invests in early-stage Web3 companies. Their support extends beyond funding, assisting portfolio companies from the initial concept stage all the way through to growth.
Location: United Kingdom
Website: https://threepointzero.vc/
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.
Commentaires