Web3 Fund Led by ex-Binance Labs Executive Nicole Zhang Lands $20 Million

Nov 01,2022
KingData News: Lingfeng Innovation Fund (LIF), a new venture capital fund led by former Binance Labs executive Nicole Zhang, landed $20 million to invest in crypto startups. Project Info: The web3-dedicated LIF is a sister fund to Beijing-based Lingfeng Capital, the fintech investment firm with more than $400 million in assets under management. LIF has already made 10 investments β€” half of them co-investing with Nicole Zhang’s former colleagues at Binance Labs. Its bets include ApolloX, ZetaChain and Ultiverse.
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