Psalion Closes $50M Fund III, Targeting Web3 Infrastructure and RWA

According to ChainCatcher, Singapore-based digital asset investment manager Psalion has completed the closing of its third fund, raising $50 million, the company's largest fund to date. The fund is registered as a Variable Capital Company (VCC) in Singapore and managed by Conduit Asset Management, which holds a license from the Monetary Authority of Singapore (MAS).

The fund will focus on Pre-Seed and seed-stage projects across infrastructure, middleware, trade finance, real-world assets (RWA), stablecoins, and DeFi. Psalion is particularly interested in innovations that leverage Web3 to reshape asset ownership, trading, and interaction methods for consumer-facing applications.