Lighter has raised $68 million in funding, with Founders Fund and Ribbit Capital leading the round.
On November 11th, as per Fortune magazine, Perp DEX Lighter has made an announcement regarding the completion of a new funding round amounting to $68 million. The 40-year-old founder and CEO of Lighter, Vladimir Novakovski, stated that this funding round was spearheaded by Peter Thiel's Founders Fund and fintech investor Ribbit Capital. Additionally, Haun Ventures and the online brokerage Robinhood (which rarely participates in venture capital) also took part. According to sources with knowledge of the matter, this funding round has appraised Lighter at approximately $1.5 billion. Novakovski declined to disclose the valuation details but did mention that this funding round encompasses both equity and token subscription rights.