Hyperliquid Rival Lighter Raises $68 Million at $1.5 Billion Valuation

Crypto trading protocol and Hyperliquid rival Lighter has raised $68 million in fresh funding at a $1.5 billion valuation. The round was led by Peter Thiel’s Founders Fund and Ribbit Capital, with participation from Haun Ventures and Robinhood. This marks a strong return of venture interest in decentralized finance. Lighter Plans Expansion Into Spot Trading

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