Lighter Raises $68M At $1.5B Valuation Ahead Of Token Launch

Decentralized derivatives exchange Lighter has raised $68 million at a $1.5 billion valuation, ahead of its upcoming token-generation event. Backed by Founders Fund, Haun Ventures, Ribbit Capital, and Robinhood Markets, the zk-rollup-based platform runs on Ethereum.

Lighter recorded over $279 billion in 30-day trading volume, according to DefiLlama. The funding will expand its institutional offerings and trading infrastructure. Founder Vladimir Novakovski said the platform will keep retail trading fee-free while adding institutional monetization.

Founders Fund partner Joey Krug said Lighter’s leadership was the main reason for the investment.

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