HomeSingaporeFigment Capital Receives Investment from HTX Ventures

Figment Capital Receives Investment from HTX Ventures

Figment Capital

Figment Capital, a NYC-based early-stage venture firm focused on blockchain infrastructure, received an investment from HTX Ventures.

The amount of the deal was not disclosed.

This investment underscores HTX Ventures’ commitment to fostering innovation and supporting scalable Web3 technology development globally.

Launched in 2021 and led by James Parillo, Managing Partner, Figment Capital is dedicated to investing in early-stage blockchain infrastructure projects. By leveraging its technical understanding and connection with Figment Inc., a leader in enterprise-grade staking infrastructure, Figment Capital offers technical insights and support to its portfolio companies, boasting projects such as EigenLayer, Celestia, Initia, Wormhole, Movement, zkSync and others.

HTX Ventures is the global investment arm of the cryptocurrency exchange HTX. The arm currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Figment Capital, Dragonfly, Bankless Ventures, Animoca, Shima, and IVC.

VCWire

31/05/2024