Singapore crypto copy-trading platform Alpha Impact raises $3.1m ahead of launch
REUTERS/Dado Ruvic
Singapore-based cryptocurrency copy-trading player Alpha Impact has raised $3.1 million in a funding round led by LuneX Ventures, Genesis Block Ventures, Solidity Ventures, SMO Capital, and an undisclosed high-frequency trading firm, its co-founder Hayden Hughes told DealStreetAsia.
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The crypto fund has received $6 million in capital commitments so far.
This is the second lead investment of LuneX Ventures since its appointment to SGInnovate’s panel of co-investors for deep tech startups.
Golden Gate has conducted a partial sale of its rights to receive carry for the LuneX fund.
Following the investment, the firm will be supporting emerging corporate use cases.
