LeadBlock Bitpanda Ventures and Mantle announce a strategic collaboration aimed at promoting the adoption of blockchain technologies in Europe, starting with France.
The innovative approach of the Mantle ecosystem
Mantle stands out with its integrated approach, including an Ethereum Layer 2 – Mantle Network, a decentralized autonomous organization – Mantle Governance, one of the largest on-chain treasuries – Mantle Treasury, and a liquid ETH stacking protocol – Mantle LSP.
The Mantle token ($MNT) serves as the unifying pillar of products and governance for this ecosystem. With its Mantle Grants program and the Mantle EcoFund, Mantle aims to catalyze innovation, construction, and the development of the next generation.
A strategic collaboration between LeadBlock Bitpanda Ventures and Mantle
We know the Mantle team and have worked closely with them over the past few years. We share similar values, such as financially and operationally supporting founders from day one until the launch of their protocol/product.
David Chreng-Messembourg, LeadBlock Partners and LBV founding partner
The partnership between LBV and Mantle will result in cross-investments to drive the growth of high-quality projects deployed on the Mantle Network. This partnership deepens the collaboration, with LBV already being designated as a strategic partner for Mantle EcoFund. With a investment fund of 50 million euros, LBV is dedicated to supporting early-stage crypto startups.
David Chreng-Messembour expresses his excitement for this cooperation, highlighting a shared vision of financially and operationally supporting founders from the early days until the launch of their protocol or product.
A bridge to new resources
With a strong presence in Asia, Mantle will play a key role in LBV’s expansion in the APAC region. David Toh, Managing Partner at Mirana Ventures, the operator of the Mantle EcoFund, is excited about this collaboration that will increase their footprint in Europe.
The Mantle EcoFund has the privilege of collaborating and investing alongside esteemed funds in the industry. David and the LBV team are widely recognized and respected for their extensive network and active approach to investment in supporting founders. We are excited to join forces with LBV to grow our presence in Europe.
David Toh
This partnership creates a bridge for LeadBlock Connect to access resources and opportunities within the Mantle ecosystem. It offers combined liquidity support of up to 300 million USDx, 250,000 ETH, 2,000 BTC, and 400 million MNT, with individual allocation of up to 10 million USDx, 5,000 ETH, and 20 million MNT in accordance with the Mantle MIP-28 and MIP-26 governance proposals.
