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Crypto investor doubles Solana donations to pro-crypto PAC
5.7.2024
The conservative Sentinel Action Fund supports four pro-crypto U.S. Senate candidates
Multicoin Capital Donates $1M Solana to Pro-Crypto Candidates
5.7.2024
Tushar Jain, co-founder of Multicoin Capital, has announced a major initiative to support pro-crypto candidates for the US Senate. Multicoin Capital has pledged to match up to $1 million in Solana donations to the Sentinel Action Fund. It is an organization focused on electing crypto-friendly...
Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado
4.6.2024
Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications.
The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews
BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace
1.5.2024
BAXUS secures $5 million led by Multicoin Capital to scale its web3-enabled platform for trading collectible spirits, increasing accessibility and transparency for global liquor collectors.
The post BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace appeared first on Cryptonews
Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017
30.3.2024
Crypto-focused hedge fund Multicoin Capital has delivered extraordinary returns to its investors, exceeding 9,000% since its launch in 2017.
The post Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017 appeared first on Cryptonews
French Cryptography Startup Zama Raises $73M for Blockchain, AI Privacy Apps
7.3.2024
French cryptography startup Zama has raised $73 million in a Series A funding round led by Multicoin Capital, Protocol Labs and participation from well-known crypto players such as Polkadot co-founder Gavin Wood, and Solana co-founder Anatoly Yakovenko.
The post French Cryptography Startup Zama...
Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
5.2.2024
Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties
Multicoin Leads $2.3M FastLane VC Deal, Continuing its Bet on MEV Infrastructure
23.5.2023
The crypto-focused investment firm has now backed three projects centered around maximal extractable value (MEV), a way for validators to earn extra money from traders
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
6.4.2023
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility
Investor Letter Shocker: Multicoin Capital's Hedge Fund Reports 91.4% Loss in 2022 – Here's What Happened
5.3.2023
Digital asset investment firm Multicoin Capital lost as much as 91.4% in 2022 as investors rushed for the exits following the catastrophic collapse of FTX.
According to a copy of the firm’s annual investor letter, the hedge fund was hit hardest after the collapse of FTX despite managing to weather...
Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
4.3.2023
The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
14.11.2022
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis...
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
22.10.2022
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s...
Multicoin Capital raises $430M for new crypto startup fund
12.7.2022
Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow
Multicoin Capital Announces $430 Million Venture Fund for Crypto Startups
12.7.2022
The venture capital giant’s latest fund – in combination with already existing vehicles at Multicoin – will invest $500,000-$1 million in early-stage projects, and up to $100 million or more for more mature opportunities
‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital
8.6.2022
Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data
Multicoin Capital Partners With Bitwise and Matthew Ball For Metaverse Crypto Index, Fund
7.6.2022
The new Ball Multicoin Bitwise Metaverse Index will include up to 40 metaverse-related crypto assets
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...
Aptos, Led by Meta’s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System
16.3.2022
Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names...