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Psalion launches $50 million Singapore venture fund for blockchain startups

Psalion launches $50 million Singapore venture fund for blockchain startups

Psalion said its third and largest fund is structured as a Singapore VCC and managed by Conduit Asset Management, targeting pre-seed and seed projects linking blockchain to real-economy use cases.

Fact Check
The primary GlobeNewswire press release confirms every element of the claim: a USD 50 million Singapore VCC (Psalion's third and largest fund), managed by MAS-licensed Conduit Asset Management, targeting pre-seed and seed startups linking blockchain to real-economy use cases. TechNode Global and multiple other outlets independently corroborate the same facts. There is no conflicting evidence.
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Summary

Psalion has launched its third and largest venture fund, a $50 million vehicle aimed at pre-seed and seed-stage blockchain startups. The Singapore digital asset investment firm said the fund is structured as a Singapore VCC and managed by Conduit Asset Management. The strategy is focused on projects bringing blockchain into the real economy, with investments planned across infrastructure, middleware, trade finance, real-world assets, stablecoins and DeFi. The fund underscores continued interest in early-stage companies building financial rails and tokenization-related applications tied to broader commercial use cases.

Terms & Concepts
  • real-world assets: Tokenized representations of traditional assets or financial claims that exist off-chain
  • DeFi: Blockchain-based financial services that operate without traditional intermediaries
  • middleware: A software layer that helps different applications, protocols, or systems work together