As reported by Bijié Wǎng, Lantern Ventures, the crypto investment firm co-founded by former Alameda founder Tara Mac Aulay, has announced the closure of its external fund and the return of capital. The company will lay off part of its staff and transition into a family office. The firm previously managed over $600 million in assets, with the fundraising environment deteriorating after the October 10 market crash being the main reason for the exit.
Lantern Ventures Shuts Down Fund and Lays Off Staff
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