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Saison Capital to Accelerate Web3 Investments With New Token Fund

Saison Capital, the venture arm of Credit Saison, has launched a new token fund aimed at investing in the Web3 sector despite the current market downturn. The Singapore-based investor has backed 30 deals in the sector so far, primarily a combination of equity and tokens, and plans to continue supporting Web3 founders with "strong Web2 experience." The average first check for the token fund ranges between $200,000 to $500,000, with "follow-on support" throughout the portfolio company's journey. The investor also aims to give its portfolio firms tokenomics advisory and talent acquisition support to accelerate their go-to-market strategies within Southeast Asia and India.

(By Miguel Cordon)

Web3
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