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Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round
8.5.2024
Crypto principal trading firm Arbelos Markets has successfully raised $28 million in an investment round that was significantly oversubscribed.
The post Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round appeared first on Cryptonews
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
The post Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion appeared first on Cryptonews
LBank Labs Leads Investment Round in FortyTwo, Pioneering UX Frontend for Interchain DeFi
22.2.2024
PRESS RELEASE. LBank Labs, a leading blockchain investment fund of $100M AUM announced today its participation in a strategic funding round for FortyTwo, a revolutionary UX frontend for decentralized finance (DeFi) across the interchain ecosystem. The investment round also saw participation from...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Binance Labs Claims to Be ‘Unaware’ of Leading $15M SkyArk Chronicles Fundraise
29.1.2024
Image Source: Shutterstock Binance Labs has refuted claims of its involvement in the latest investment round of SkyArk Chronicles’ gaming platform. The venture capital arm of the Binance crypto exchange issued a statement on Monday, clarifying that it did not partake in SkyArk...
UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto
8.11.2023
a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...
Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz’s Galaxy Digital
12.10.2023
Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round.
Sharing the news on X, the crypto-facing analytics platform revealed that the investment round was led by billionaire pro-crypto investor Mike Novogratz’s Galaxy Digital.
Other key investors...
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
15.5.2023
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...
Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round
30.11.2022
Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
5.11.2022
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...
Braavos raises $10M at Pantera Capital’s investment round
2.11.2022
Motty Lavie, the Braavos CEO, announced that a self-custodial crypto wallet Braavos had raised $10M in a funding round intending to offer self-custody in a more user-friendly way. A self-custodial crypto wallet Braavos raises $10M with the backing of Pantera Capital, a crypto-focused investment...
Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
18.8.2022
The funds will be used by the Latin American firm to expand blockchain infrastructure and build payment rails
US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt
14.8.2022
The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of personnel tasked with spearheading its investments in Africa, seem...
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
11.8.2022
PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...
VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform
26.5.2022
PRESS RELEASE. Miami, FL – VAST, the multimedia NFT marketplace that dropped the first-ever NFT sitcom featuring Snoop Dogg and The Harlem Globetrotters, has announced the completion of their strategic private investment round with leading blockchain venture capital firms: GHAF Capital,...
Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX
18.5.2022
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company...
Crypto exchange FTX US closes $400M funding round to reach $8B valuation
26.1.2022
The new funding will be put toward expanding FTX US' workforce and introducing new offerings
Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
23.12.2021
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio...