LBank Labs announces investment in renowned fund management company Collab+Currency.
BlockBeats reported on June 8th that LBank Labs has completed its investment in Collab+Currency, a well-known fund management company. Collab+Currency is a cryptocurrency fund that focuses on supporting early-stage projects that aim to establish the next generation of cultural and consumer technologies. Over the past five years, the fund has supported nearly 100 projects covering almost every vertical field in the cryptocurrency industry, including infrastructure, underlying blockchain technology, service providers, and NFT.
Collab+Currency has previously invested in some of the most influential web3 consumer projects, such as Blur, SuperRare, Art Blocks, and Sky Mavis, among other well-known projects.
Collab+Currency is the eighth fund in LBank Labs' FOF strategic investment and plans to continue expanding FOF investments in the coming months to enhance cooperation and network effects between investment portfolios.