Epic continues to run the table when it comes to the three Ms: Metaverse, Momentum and Money. Last week they showed off Unreal Engine 5, which is already creating astonishingly photorealistic games. T...
Tag: Raise
Avalanche Developer Ava Labs Plans to Raise $350M at $5B Valuation
Ava Labs, the developer of popular blockchain network Avalanche, has joined a growing list of crypto startups seeking funds for business expansions. The Brooklyn-based blockchain development firm is ...
AVAX developer Ava Labs looking to raise $350M in new funding round
Ava Labs Inc., the lead developer behind the Avalanche (AVAX) blockchain, is looking to raise $350 million in a funding round at a $5.25 billion valuation, Bloomberg News reported, citing people famil...
Avalanche Blockchain Developer Ava Labs to Raise $350M at $5B Valuation: Report
New York-based blockchain company, Ava Labs, which leads the development of the Avalanche network, is reportedly raising $350 million at a $5.25 billion valuation. The latest talks about capital infus...
Pantera Says It’s Raised $1.3 Billion for Blockchain Fund, Plans to Raise More in 2023
Thanks to inflation, $1 billion doesn’t go as far as it used to, especially in a crypto economy where $100 million raises occur with yawning regularity. Better, then, to collect $1.3 billion and...
Circle to raise $400M in BlackRock-led funding round
Circle Internet Financial Ltd., the payments company behind the USD Coin (USDC), has signed an agreement to raise $400 million in a new funding round. The firm announced this news yesterday, noting th...
Circle announces $400 million raise, partnership with BlackRock
Crypto payments company Circle announced a $400 million funding round on Tuesday. The firm is also partnering with management giant BlackRock as a strategic investor. The round, expected to close in...
USDC Issuer Circle To Raise $400 Mln In BlackRock Deal
Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world’s largest, BlackRock Inc. The funding round, which also involves ...
AT&T Boss Sees Room to Raise Prices, Cut Costs After Media Exit
AT&T Inc. Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for some core services while it continues to cut costs after getting o...
Former executives from Citigroup are aiming to raise $100 million for bitcoin hedge funds
TL;DR Breakdown Citigroup’s former co-head of futures at the firm’s big FX trading and clearing business. Experienced hedge fund managers are putting huge bets. PwC survey claims $3.8 billion worth of...
Near Protocol eyes a Terra-like price rally after new $350M funding raise
Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund. NEAR price eyes 100% pr...
EV Automaker VinFast Files for US IPO, Seeks to Raise Fund for Fast Expansion
VinFast is set to use the money to expand its footprint in the rapidly growing US. EV market. It plans a $2 billion investment to build the North Carolina factory. On Thursday, April 7, Vietnamese aut...
NAFSTARS Announces a Successful Fund Raise of $1.7 Million – crypto.news
NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $...
NAFSTARS Announces a Successful Fund Raise of $1.7 Million
NAFSTARS, is a Polygon-based play-to-earn [P2E] platform that allows users to collect artist-branded cards from all around the globe and from every music genre. It has announced a successful fundraisi...
Crypto Twitter unites to raise funds for community member’s cancer treatment
When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of his cancer treatment, the crypto community demonstrated its kind...
Elon Musk Updates Paperwork On Twitter Purchase As Employees Reportedly Raise Concerns
Topline Billionaire Elon Musk has not sold part of his newly-acquired stake in Twitter, he confirmed on Wednesday, while insiders reportedly voice concerns over the platform’s future as Musk, who is a...
Blockchain Security Firm CertiK Confirms $88M Raise at $2B Valuation
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Binance.US Tops its Valuation to $4.5b Stirred by $200m in Seed Raise
Binance.US, the subsidiary of Binance exchange in the United States, has raised $200 million in a seed funding round that has given the company a pre-money valuation of $4.5 billion. As announced by t...
Pantera Capital sets out stall to raise new $200 million fund
Crypto-focused investment firm Pantera Capital is raising a new fund, targeting a $200 million close at the start of May. Dubbed the Pantera Select Fund, it will aim to help its limited partners gai...
Axie Infinity devs raise $150M to compensate users for Ronin Network hack
Sky Mavis, the company behind blockchain-based game Axie Infinity, has successfully closed a new $150 million funding round led by crypto exchange Binance, according to a press release shared with Cry...
Sky Mavis Bounces Back From Ronin Attack With $150M Raise
Key Takeaways Sky Mavis has secured $150 million in its latest funding round led by Binance. The funds will be used to help reimburse users who lost money from the $550 million Ronin bridge attack. Sk...
As Restaurant Chains Continue To Raise Prices, Consumers Are Starting To Notice
Florida, Davenport, McDonald’s fast food restaurant, drive-thru window. (Photo by: Jeffrey … [+] Greenberg/Education Images/Universal Images Group via Getty Images) Education Images/Univer...
Stillmark targeting $500 million raise for new bitcoin credit fund
Alyse Killeen’s Stillmark is trying to raise about $500 million for a new credit fund dedicated to lending capital to companies operating in the bitcoin market, according to sources familiar wit...
This unique NFT Artwork was designed to raise money for Ukrainian Children
As an interactive NFT, Mariupol is a living piece of art. It consists of 13 different layers, with each layer having between two to four unique states. The master owner of Mariupol can choose the fina...
Helium Crypto Wireless Network Founders Raise $200M, Rebrand to Nova Labs
In brief Helium Inc., the original creator of the Helium decentralized wireless network, is now valued at $1.2 billion after a $200 million round. The firm will be known as Nova Labs going forward to ...
Sequoia Investors And FTX Raise $135 Million In Series A Funding
The multi-chain future, where users of blockchain technology no longer have to choose only one platform, is approaching rapidly. LayerZero, an omnichain interoperability protocol, has completed a Seri...
Ethereum Layer-2 DeFi Money Market zkLend Lands $5M Raise
Led by Delphi Digital’s venture arm, zkLend has just raised $5 million in a seed round, with participation from Starkware and Three Arrows Capital. Alameda Research, MetaCartel DAO, Amber Group, Gene...
White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules
On Monday, The Biden Administration released its budget plan for the fiscal year of 2023. The budget proposal, which totals $5.8 trillion with a $1.15 trillion deficit, features some hints on the admi...