The Index Coop is pleased to announce that Collider Ventures has established a long-term $INDEX position. Collider Ventures is a venture capital fund focused on digital assets and the digital economy.
“We believe Index Coop is positioned to become one of the most significant DeFi DAOs in the next few years,” Principal Idan Levin wrote in the firm’s Medium post announcing their position.
Growth Network contributor, Dev, described the announcement as “another vote of confidence in Index Coop’s leadership position in the onchain structured products market, especially pleasing to receive in a Bear Market.”
Collider Ventures backs several other prominent DeFi projects, including The Graph, Nexus Mutual, Stakewise, and ZenGo. They work with their portfolio companies on business development, tokenonomics, and go-to-market strategies. The Index Coop looks forward to receiving Collider Venture's input regarding key strategic decisions. And, as with all $INDEX tokens, the Index Coop will actively solicit Collider Venture’s participation in relevant governance votes.
“Index Coop and Collider Ventures are aligned on the importance of active participation in governance in Web3 and we look forward to working together,” Dev said. “Collider Ventures’s long-term $INDEX position will bolster our governance token and further define our footprint in decentralized finance,” he added.
In their Medium post, Collider Ventures emphasized their confidence in Index Coop’s strong partnership network across the web3 ecosystem. They also expressed confidence that the Index Coop is well positioned to build through the current Bear market.
“Bear markets are the best time to keep building and refining products towards the next adoption wave, and we believe Index Coop is perfectly positioned for this,” Idan Levin wrote.
With their new long-term $INDEX position, Collider Ventures joins other prominent Index Coop backers including 1confirmation, 1kx, Assembly Capital, Blockchain.com, Defiance Capital, Galaxy Digital, Sequoia and White Star Capital.
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