Solana and FTX are among the founding partners of the fund, which will focus on blockchain-based gaming investments.

Bahamas-registered cryptocurrency exchange FTX and US-headquartered public blockchain platform developer Solana’s corporate venturing unit, Solana Ventures, have launched a $100m gaming fund with venture capital firm Lightspeed Venture Partners.

The vehicle will be focused on Web 3.0 gaming investments which will be underpinned by blockchain technology. Areas of interest include gaming studios and blockchain technology developers.

The fund is intended to capitalise on the growing demand for gaming products that can be monetised – a space broadly known as GameFi…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.