Lighter secures $68M in new funding round backed by Peter Thiel’s Founders Fund and Robinhood
Crypto Briefing
Decentralized trading platform Lighter raised $68 million in a funding round led by Founders Fund and Ribbit Capital.Summary
Lighter, a decentralized perpetual trading protocol founded by Vladimir Novakovski, secured $68 million in a new funding round. The round was led by Peter Thiel’s Founders Fund and Ribbit Capital, with participation from Haun Ventures and Robinhood, bringing the total funding to nearly $90 million following an earlier $21 million raise. Lighter operates as a custom layer 2 exchange on Ethereum, focusing on verifiable matching and liquidations for perpetual futures and upcoming spot trading. The platform aims to offer high-performance, transparent on-chain trading, catering to growing institutional interest in secure DeFi platforms.
(Source：Crypto Briefing)