While most universities continue to group Bitcoin within broader “crypto” or “blockchain” frameworks, Hesperides University has created an academic space focused solely on Bitcoin — its technology, economics, and societal implications.
The raise, structured through equity and token warrants, marks Lighter’s second major funding milestone after a $21 million round in 2024, bringing its total funding to nearly $90 million.
The collaboration will focus on expanding access to perpetual futures, lending products, and on-chain structured yield strategies for hedge funds, asset managers, and market makers, effectively bridging the gap between Wall Street and Web3.
The decision in Rhutikumari v Zanmai Labs & Ors (2025), delivered by Justice N. Anand Venkatesh, held that crypto assets are intangible property, not legal tender, but assets that can be “possessed, enjoyed and held in trust.”
“Digital assets are no longer an outsider’s bet,” a CoinSwitch spokesperson noted. “Gen Z investors are combining traditional savings with crypto portfolios, using it to build financial independence earlier in life.”
