Blockchain-focused venture capital firm Lightspeed Faction is launching a $285 million fund for early-stage projects. Comprising team members from Amber Group, Blockchain.com, and Coinbase, the VC aims to offer crypto-native advice to its investments. Amid a more optimistic crypto sector, Lightspeed Faction, a joint venture with Lightspeed Venture Partners, focuses on seed-stage and Series A funding, having invested in projects like Crossmint, Lens, Narya.ai, Skip.money, and Matter Labs.