Falcon has successfully completed its angel funding round with a valuation of $24 million

PRESS RELEASE
Published June 13, 2023

Falcon is a new generation Web3.0 Infrastructure by Crypto Quantitative Hedge Fund LUCIDA.

Singapore, 13th Jun 2023 – Falcon, a revolutionary new product, intends to become the Web 3.0 industry’s investment infrastructure. The team recently announced the completion of its angel funding round in January 2023, with a valuation of $24 million.

Falcon uses the multi-factor model and artificial intelligence to help Web3 users select, buy, management, and control risk concerning crypto assets. Falcon has emerged as a crucial infrastructure supplier in the Web 3.0 sector, providing comprehensive and user-friendly solutions for investments in digital assets. Falcon blends market data, social media sentiment, technical indicators, and other information using the multi-factor approach to offer consumers individualized financial advice and asset allocation methods.

The current round of investment primarily comes from high-net-worth individuals and family offices within the industry. The specific names have not been publicly disclosed. The success of this angel funding round demonstrates the industry’s confidence in Falcon and highlights its potential within the Web 3.0 space. The funding will be used to further improve Falcon’s products expand the professional team, enhance marketing efforts, and strengthen collaborations with other Web3 ecosystems.

Falcon was incubated internally by the renowned quantitative hedge fund LUCIDA in June 2022 and is set to begin public testing in July 2023.

For updates, follow FALCON by Lucida on Twitter: https://twitter.com/FalconLucida

Learn more about this one-stop investment solution that helps users “Select, Buy, Management, Sell” at: https://falcon.lucida.fund/en/home

Media Contact

Organization: FALCON by Lucida

Contact Person: ZNQ

Website: https://falcon.lucida.fund/en/home

Email: zhengnaiqian@lucida.fund

Country: Singapore

Release Id: 1306234104

The post Falcon has successfully completed its angel funding round with a valuation of $24 million appeared first on King Newswire.



Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com

Binary News Network

Binary News Network is a Content Syndication Platform that allows businesses or proprietary newswires to bring visibility to their content by syndicating it to premium, high-visibility networks and sites and drive visibility to your online content.