Blockchain-focused private equity firm Inversion Capital has completed a $26.5 million seed round financing, led by Dragonfly Capital

ChainCatcher news, private equity firm Inversion Capital announced the completion of a $26.5 million seed round financing, led by Dragonfly Capital, with participation from VanEck, Lightspeed Faction, ParaFi Capital, Portal Ventures, Mirana Ventures, Metalayer Ventures, Volt Capital, HashKey Capital, Race Capital, Balaji Srinivasan, Wintermute Ventures, Moonrock Capital, Breed VC, Topology, Casey K. Caruso, Bodhi Ventures, Lvna Capital, Escape Velocity, Folius Ventures, Comfy Capital, as well as individuals and institutions like Mike Dudas, Bryan Pellegrino, Jason Yanowitz, Andrew Steinwold, DCF God, and Joshua Lim.

According to reports, Inversion Capital is a private equity firm dedicated to revitalizing traditional businesses by integrating blockchain infrastructure, particularly in sectors such as telecommunications and financial services. Their strategy includes acquiring traditional companies, such as mobile virtual network operators (MVNOs), and then deploying blockchain-based solutions to enhance efficiency through features like instant settlement and reduced operational costs.