NFT3, a virtual identity network for Web3, has completed a $7.5 million seed funding round led by Animoca Brands. The round saw participation from a dozen more leading investors, including DFG Group, ...
Tag: Raises
Reddit Cofounder’s VC Firm Raises $500M Primarily For Crypto Startups
Alexis Ohanian – co-founder of Reddit – recently raised $500 million for his venture capital firm 776 Management LLC. He said that the new funds will primarily be used to “double down” on investment i...
Reddit co-founder raises $500 million fund for crypto startups: Report
advertisement 776 Management, the VC firm owned by Reddit co-founder Alexis Ohanian, has raised $500 million for two new funds primarily focused on crypto. The Wall Street Journal reported the news o...
Solana: Phantom crypto wallet raises $ 109 million
A crypto wallet from the Solana ecosystem, Phantom, has announced that it has closed a $109 million Series B funding round, and is ready to launch the app for iOS devices. Estimates are that Phantom ...
FriesDAO community raises $1.47M in 2 days
FriesDAO, a decentralized autonomous organization, is probing into the possibility of an open community running a real-world, fast food enterprise successfully, Invezz learned from a press release. Co...
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status – Finance Bitcoin News
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billi...
Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16’s Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need. The fu...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The cr...
Crypto Going Mainstream Raises Need for ‘Child Safeguards’: UNICEF
UNICEF, a United Nations agency that provides humanitarian and developmental aid to children around the world, has said that the mainstreaming of digital currencies creates a need for new safeguards d...
Binance Raises $1 Billion Towards Personal Insurance Fund
Binance Holdings Ltd. announced that it had built a $1 billion insurance fund for its users amidst a series of cyberattacks against its platforms, according to a company memo. While the memo revealed ...
Phantom raises $109 million in new funding, launches iOS app
Phantom, a crypto wallet for accessing the Solana ecosystem, has raised $109 million in a Series B funding round and is now valued at $1.2 billion. Paradigm led Phantom’s funding. Existing inves...
Solana Wallet Phantom Raises $109 Million, Bringing Valuation to $1.2 Billion
Crypto wallet Phantom has announced a $109 million Series B funding round led by Paradigm, an investment firm focused on crypto- and Web3-related companies. The funding round brings the project’s va...
Polkadot Parachain Astar Network Raises $22M From Polychain, Alameda Research
Astar Network, a parachain of the Polkadot network, received $22 million in strategic funding from crypto venture capital firms Polychain and Alameda Research. Astar will use the funding for geographi...
Fintech Firm Esusu Raises $130 Million
Financial technology services provider, Esusu became the latest fintech to achieve the status of a unicorn after the company closed its $130 million funding round. With that, Esusu became one of the f...
Functionland Raises $1.1M to Challenge Subscription Models In Web3
Advertisement     In a funding round oversubscribed by more than 40%, Functionland attracted $1.1M in investment capital from important international players including...
Ripple raises $15 Billion Despite SEC Lawsuit Over XRP
Ripple has purchased back shares from its Series C fundraising round, raising the company’s worth to $15 billion despite SEC lawsuit over XRP. SEC filed a complaint against Ripple Labs, Garlinghouse, ...
Crypto Firm Fireblocks Raises $550M, With $8B Valuation
The crypto security provided has raised a total of $550 million from institutional investors in one of the largest financing rounds in the crypto sector in the last few years. Funding Shoots Firebloc...
NFT Startup Unblocked Raises Seed Round At $90 Million Valuation From Tiger Global, Dapper Labs, Jay-Z
NFTs have exploded in popularity over the last year—enough for these Crypto Punks to grace Times … [+] Square billboards last May—and a new startup, Unblocked, intends to make simple, bespoke pl...
Multichain DApp protocol Astar raises $22M in latest round led by Polychain
Astar, a multichain DApp protocol, formerly known as Plasm, has raised $22 million in its latest strategic fundraise. The funding round was led by Polychain and saw participation from the likes of Ala...
Astar Network Raises $22M to Boost Polkadot Interoperability
Key Takeaways Astar Network has landed another $22 million in a Polychain Capital-led raise. Astar allows Ethereum and Polkadot-native smart contracts to co-exist and communicate on Polkadot. The fund...
Hong Kong’s HashKey Group Raises $360M Blockchain Fund
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 ...
Crypto Tax Software Firm CoinTracker Raises $100M to Help Traders Prep for IRS
In brief CoinTracker is crypto tax software. The company has a $1.3 billion valuation. It’s using its $100 million in funding to “scale up the product and company.” With the IRS fili...
Fireblocks Raises $500M, Taking Valuation to $8B
Digital asset infrastructure provider Fireblocks said that it has raised $500 million from investors, which lifted the company’s value to $8 billion. The investment it raised from institutional invest...
Fireblocks raises $550 million in Series E funding, now valued at $8 billion
Fireblocks, an institutional crypto custody provider, has raised $550 million in a mega Series E round and is now valued at $8 billion. D1 Capital Partners and Spark Capital co-led the round, with Gen...
Crypto Custodian Fireblocks Raises $550 Million At $8 Billion Valuation
Fireblocks’ cofounders (from left to right): Idan Ofrat, CTO; Michael Shaulov CEO; Pavel Berengoltz, VP of R&D Fireblocks The unprecedented influx of institutional capital into crypto last y...
Crypto tax platform CoinTracker raises $100 million in Series A funding
CoinTracker, a crypto startup that helps users report and file taxes, has raised $100 million in a Series A funding round. Venture capital firm Accel led the round, with Coinbase Ventures, Kraken Vent...
MyCointainer Raises $6M In Seed Funding To Further Develop Its Yield Earning Platform
Advertisement     MyCointainer, a platform for easy yield staking, is happy to announce the successful completion of its Seed funding round that raised $6 million from...