Lighter DEX secures $68M from Founders Fund and Ribbit Capital, hitting a $1.5B valuation before its token generation event.

Meyer "Micky" Malka, founder and managing partner of venture firm Ribbit Capital, once said his firm had a "boring" strategy of driving financial innovation across banking, brokerages and insurance.

Lighter secures $68 million in funding led by Founders Fund and Ribbit Capital, reaching a $1.5 billion valuation.

Lighter has raised $68 million at a valuation of $1.5 billion, plans to start spot trading for Bitcoin as soon as possible.

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