Luno Spins Out Investment Arm to Pump $15M to $75M a Year Into Crypto Companies
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Luno Spins Out Investment Arm to Pump $15M to $75M a Year Into Crypto Companies

“The reason we didn’t go with a fund structure is because we don’t need any external funding to be able to build this business, both from a capital and management fee perspective,” said Cheng. “It also allows us to finance investments with evergreen capital which we believe is more valuable to founders building companies in the fintech space.”

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