Lantern Ventures Dissolves External Funds, Returns Capital Amid Restructuring

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According to Coincu, Lantern Ventures, a London-based cryptocurrency hedge fund, is dissolving its external funds, returning capital to investors, and halting new investments amid potential restructuring. The firm, which previously managed $600 million in assets, may transition to a family office or seek external acquisition. The move reflects broader challenges in the crypto finance sector following the FTX collapse and could lead to layoffs. Unlike past collapses, no specific coins face immediate fallout, and market exits appear to be managed. The SEC and CFTC have not commented, and industry reactions remain subdued.

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