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 offering, aimed squarely at professional investors in the EEA and U.K., threads a steady-income narrative through the volatility of digital-asset accumulation.
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.”
