Ledger and Cathay Innovation have launched a €100 million ($110m) early-stage venture fund dedicated to unlocking the opportunities of Web3 worldwide, covering cryptocurrencies, decentralised finance (DeFI), blockchains, NFTs, DAOs and the tokenisation of everything.
Ledger and Cathay Innovation have launched a €100 million ($110m) early-stage venture fund dedicated to unlocking the opportunities of Web3 worldwide, covering cryptocurrencies, decentralised finance (DeFI), blockchains, NFTs, DAOs and the tokenisation of everything.
Supported by French public investment bank Bpifrance, Ledger Cathay Capital is a partnership between Ledger, the leading crypto-security platform securing 20% of the world’s cryptocurrencies, NFTs and tokens, and global venture capital firm Cathay Innovation.
By combining Ledger’s world-leading experts in Web3, blockchain and security, with an established global venture capital platform – including Cathay’s extensive ecosystem, the new fund gives creators and founders the capital, tools and unmatched direct industry access needed to innovate at scale from the very start.
