#Lighter, a #decentralised #exchange and #blockchain founded by #VladimirNovakovski, raised $68 million in a #funding round led by #FoundersFund and #RibbitCapital. The platform, which allows users to trade #perpetualfutures and will soon offer #spottrading, is valued at $1.5 billion. Lighter, which runs on its own layer 2 on #Ethereum, is competing with #Hyperliquid in the #cryptoderivatives market. https://fortune.com/2025/11/11/lighter-fundraise-founders-fund-ribbit-capital-haun-ventures-robinhood-vladimir-novakovski/?eicker.news #tech #media #news
Exclusive: DeFi founder who graduated Harvard at 18 raises $68 million for crypto trading protocol Lighter

The startup, whose backers include Peter Thiel’s venture firm and Robinhood, is challenging Hyperliquid in the highly competitive market for perpetual futures.

Fortune