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Singapore -based venture capital firm Golden Gate Ventures will launch a $10 million fund for investments in blockchain and cryptocurrency companies, Reuters reported August 10. Golden Gate Ventures (GGV), one of the leading venture capital firms in Southeast Asia, will invest in early-stage companies including cryptocurrency exchanges, security providers, and blockchain tech startups through the LuneX Ventures fund. Local tech media platform e27 reports that the fund was launched through a partnership between GGV and Kenrick Drijkoningen, GGV’s former head of growth. Drijkoningen told e27 that LuneX Ventures has a “strong pipeline of five to 10 investments ready to go,” noting that... Full story

10 August