Varys Capital and ThreePointZero Ventures lead $1,075,000 investment in Ledger Works
Varys
Capital
and
ThreePointZero
Ventures
lead
$1,075,000
investment
in
Ledger
Works
May
28th,
2024
at
9:00am
Now,
more
than
ever,
Web3
businesses
require
comprehensive
risk
management
to
elevate
trust
and
meet
the
emerging
regulatory
requirements
of
blockchain
technologies
With
this
in
mind,
Varys
Capital
and
ThreePointZero
Ventures
have
led
an
investment
in
Ledger
Works
(“LWorks”)
RiskOps-as-a-Service
to
unlock
the
power
of
Web3
with
Proactive
Risk
Management
LWorks
RiskOps-as-a-Service
supports
Web3
businesses’
protection
and
growth
with
their
advanced
real-time
data
analytics
and
financial
modeling
controls
to
manage
their
ongoing
financial,
regulatory,
operations
&
security
risks
LWorks
delivers
operational
risk
management
services
that
combine
cyber,
operational,
regulatory
and
financial
risk
controls
into
a
unified
dashboard
with
real-time
computational
models
and
rules
that
enable
continuous
market-wide
and
protocol-specific
surveillance.
Both
safeguarding
and
optimizing
Web3
business
operations
Darius
Askaripour,
from
Varys
Capital,
states:
“Through
our
investment
in
Ledger
Works,
we
accelerate
their
market
leading
risk
management
to
support
Web3
companies
with
sophisticated
risk
analytics
and
modeling
capabilities”
Dr.
Omer
Demirel,
from
ThreePointZero
Ventures,
remarks:
“Ledger
Works
innovates
within
the
crucial
intersection
of
OpSec
and
risk
management
for
Web3
companies
and
excels
in
providing
state-of-the-art,
data-driven
solutions
to
them.
We
are
very
excited
to
be
supporting
Ledger
Works
on
its
exciting
journey
for
many
years
to
come”
David
Melnick,
the
CEO
of
Ledger
Works,
added:
“The
Ledger
Works
team
is
excited
to
add
ThreePointZero
Ventures
and
Varys
Capital
to
our
team.
Their
market
insight
and
data
analytics
experience
will
improve
our
product
offering
and
help
us
deliver
a
world-class
offering
to
our
customers”
About
Ledger
Works
Ledger
Works
helps
our
customers
focus
on
growing
their
Web3
business
while
we
run
their
Risk
Operations.
Today
more
than
ever,
our
customers’
success
requires
effective
Risk
Management.
As
their
strategic
risk
partner,
we
protect
our
customers’
business
operations
and
leverage
advanced
models
to
help
them
optimize
financial
performance.
By
leveraging
real-time
computational
rules,
continuous
execution
of
deterministic
and
simulation
models,
and
real-time
market
surveillance,
Ledger
Works
empowers
businesses
to
turn
risk
into
a
competitive
advantage.
For
more
information,
visit: https://www.lworks.io Contact [email protected]
About
Varys
Capital
Varys
Capital
is
a
global,
multi-strategy
digital
asset
fund
and
market-maker
that
invests
in
and
supports
early-stage
and
growth-stage
companies
building
blockchain-enabled
businesses.
Varys
Capital
was
established
in
2018
and
is
headquartered
in
Abu
Dhabi,
UAE
and
Bangkok,
Thailand. Twitter | Linkedin For
more
information,
visit: https://varys.capita
Contact [email protected]
About
ThreePointZero
Ventures
ThreePointZero
Ventures
is
a
new
VC
Fund
emerging
from
stealth
after
its
first
raise.
Taking
full
advantage
of
their
diverse
and
deep
ecosystem
connections,
ThreePointZero’s
principals
are
active
advisors
and
investors
in
early-stage
Web3
companies,
supporting
portfolio
companies
from
ideation
to
growth.Twitter For
more
information,
visit: https://threepointzero.vc/ Contact [email protected]
CONTACT
INFORMATION:
contact@threepointzero.vc
###
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