As pioneers in the digital assets landscape, Bitpanda and LeadBlock have jointly launched a €50 million fund, LeadBlock Bitpanda Ventures (LBV), to invest in early stage digital assets startups globally, with a focus on Europe. Both leadership teams consider that the industry is at a tipping point.
- The new fund, LeadBlock Bitpanda Ventures (LBV), will focus on seed and pre-listing rounds with ticket sizes ranging from €250k and €2 million.
- The partnership will offer early stage founders access to investors and industry experts.
The previous investment cycle was focused on building a robust, efficient and secure decentralised infrastructure. LBV will focus on the growth drivers underpinning the next crypto cycle: the middleware and application layers, and user-oriented interfaces contributing to Web3’s mainstream adoption. Key verticals include modular technology, TradFi and CeDeFi bridges, on-chain experiences/apps, the intersection of Blockchain/AI.