Global alternative investment group, with expertise in innovative, cross border transactions, adds next generation financial infrastructure to its investments portfolio
SINGAPORE, Aug. 28, 2022 /PRNewswire/ -- The Lightnet Group ("Lightnet") announced today it has secured a $50 million capital commitment from LDA Capital Ltd ("LDA") to grow its infrastructure, operations, and expand its technological partner's (Velo Labs Technology) blockchain technology. Lightnet will have the option to increase the $50 million to a total commitment of up to $100 million over the next three years. The funds will be utilized to facilitate web 3.0 payment and blockchain ledger-based remittance services focused across Asia Pacific and globally around the world.
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Lightnet Receives $50 million capital commitment from LDA Capital to Boost Velo Blockchain Technology
"Lightnet's next generation financial infrastructure, along with Velo Labs' disruptive technology, will be the future rails...
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