Venture capital (VC) firms Sequoia and Multicoin Capital have issued letters to limited partners advising them of their exposure risk to collapsed crypto exchange FTX. Multicoin Capital, a crypto-focu...
Tag: VCs
VCs Are Placing Bets on Blockchain Technology Startups
Uniswap Labs secured the largest amount of funding to ever go to a DeFi protocol in its latest Series B round led by Polychain Capital Celestia closed a $55 million deal to develop the modular blockch...
Figma’s Record-Breaking Sale to Adobe Delivers Billions to Top VCs
(Bloomberg) — Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers. Rimer, a partner at the venture capital fi...
VCs who cast a wider net have double backed to CA, says this ex-Sequoia Capital partner
Investor Chris Olsen knows the West Coast VC scene. He spent six years with Sequoia Capital in California before co-founding Drive Capital in Columbus, Ohio, in 2013 based on the theory that the ̶...
VCs pour $14.2B into crypto in H1 2022, but investments now slowing
Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year...
VCs and Family Offices Go Crypto: Hashed, Lux, Cleo, RW3 and Protofund at Crypto Bahamas
VCs and Family Offices Go Crypto: Hashed, Lux, Cleo, RW3 and Protofund at Crypto Bahamas Baek Kim of Hashed, Grace Isford of Lux Capital, Sarah Kunst of Cleo Capital, Peter Najarian of RW3 Ventures, a...
Bytex invites investors and VCs to help 1 million GokuMarket users
ByteX, a Canadian headquartered CeDeFi platform, acquires 1 million crypto users from the insolvent GokuMarket, a European centralized exchange. Following the crypto market crash, GokuMarket found it...
Jason Calacanis Is Right About ‘Grifting’ Crypto VCs (but Confused)
Now, Jason is not Chamath. Mere association doesn’t mean Calacanis bears responsibility for his colleagues’ potentially fraudulent activity (former PayPal exec David Sachs, also a cohost of Cala...
The risks and benefits of VCs for crypto communities – Cointelegraph Magazine
Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuati...
Lower Valuations, Shut-Downs, Investment Pause. What’s A Founder To Do? Eight Investors Weigh In
Altitude Accelerator Mohammad Hussain This article was written in collaboration with Taylor McAuliffe, Researcher and Writer from Altitude Accelerator, a non-profit innovation hub and business incubat...
Despite The Crypto Dip, Bitcoin Infrastructure Startups Are Ripe For Investment
A wave of bitcoin infrastructure startups are building the foundations for an entirely new financial … [+] system Photo by Kanchanara on Unsplash Bitcoin investors have been hiding behind the so...
VCs Invested Over $3B in Crypto Projects Last Month Despite Bear Market: Report
Despite the downturn in the crypto market, venture capital (VC) firms have not lost interest in the sector and have continued to pour money into crypto projects. According to a VC monthly report by Wu...
OP Crypto launches $100M fund to back early-stage crypto VCs
OP Crypto, a cryptocurrency venture capital firm founded by former Huobi executive David Gan, is launching a new fund to support emerging fund managers focused on early-stage crypto investments. Named...
FalconX Secures $150M Funding From Leading VCs Despite Gloomy Market
5 hours ago | 2 mins read Bitcoin News The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like Fa...
Moonfire Ventures and Leading Web3 VCs Hosts Tezos Blockchain Pitch Day for Web3 Entrepreneurs
LONDON, UK, 21st June, 2022, Chainwire Moonfire Ventures is collaborating with the Tezos ecosystem to further accelerate some of the Tezos ecosystem’s most exciting projects. Pitch Day is an opp...
How Capricorn. Finance Became The New Favorite Among VCs and DEX Users
Each year, we see that thousands of new crypto protocols are designed in a bid to challenge existing DeFi giants like Uniswap, Aave or Curve. However, merely a few of them succeed. Capricorn.Finance, ...
AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming
Getty Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin’s B Capital Group, private equit...
VCs Backing Away, Regulators Jumping on Stablecoins
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: B...
How to incorporate a DAO and issue tokens to be ready to raise money from VCs
What is a DAO? A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a bloc...
VCs Are Going All-In on Web3, How Will They Change the Industry?
Web3 is the newest layer of the internet that includes blockchain, cryptocurrencies, the metaverse, NFTs, and decentralized applications (dApps). It has recently seen a massive influx of cash from ven...
Hoskinson blasts VCs, ‘Wall Street types’ for downturn in crypto markets
Cardano founder Charles Hoskinson posted a video on Wednesday sharing his views on the crypto market downturn. He said, being in crypto for over ten years, he’s seen it all twice. Nothing fazes him or...
Cardano Founder Smashes Mike Novogratz Says He Doesn’t Understand Why VCs Hate Cardano and Love LUNA
– Advertisement – Hoskinson wonders why VCs and crypto media outlets have not shown Cardano as much love as other altcoins. Cardano founder Charles Hoskinson has lamented the harsh treat...
Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto – Bitcoin News
Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs ...
No VCs Allowed: How NFT.com Aims to Take On OpenSea
In brief NFT.com is an upcoming NFT marketplace that will use NFT “keys” for community governance and benefits. The Ethereum-centric marketplace has Shark Tank star Kevin O’Leary as an advisor. Right ...
Cosmos Builder Ignite, 11 VCs Put Up $150M to Invest in Multichain Crypto Teams
Indices Coin Desk Indices are the industry standard for institutional single and multi asset benchmarks for crypto assets The flagship Coin Desk Bitcoin Price Index XBX has been in operation continuou...
FLUID CeDeFi Liquidity Aggregator Raises $10 Million in Funding from Top VCs: Details
Vladislav Sopov Novel liquidity management mechanism concludes funding round with $10 million secured from leading investors Contents FLUID liquidity aggregator raises $10 million, high-profile VCs le...
Opinion: As the Fed Tightens, VCs Are Spending Big on Crypto
Share this article The Fed’s Quantitative tightening will make it difficult for risk-on assets like cryptocurrencies to shine. But at the same time, money from venture capital firms keeps pouring into...
Sequoia Capital explains what crypto founders want from VCs
Sequoia Capital has been invested in crypto since 2015, but the VC firm recently raised the stakes by announcing its first sector-specific fund: a $500 million Sequoia Crypto Fund focused on liquid to...
Rich VCs got even richer off the back of the APECoin airdrop
APECoin, the ERC-20 governance and utility token of the Bored Ape Yacht Club (BAYC) ecosystem, launched on March 17. Having been listed from the off by several major exchanges, including Binance, Huob...