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Parafi Capital Secures $120 Million for Investing in Crypto Funds
30.8.2024
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general...
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
18.7.2024
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment...
Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
15.5.2024
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission...
Paradigm Targets Over $750 Million in Upcoming Fundraising Effort
3.4.2024
Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments.
The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews
Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg
2.4.2024
The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar
Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups
2.4.2024
Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days.
The post Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups appeared first on Cryptonews
Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca
27.3.2024
Blockchain gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures.
The post Gaming Firm Illuvium Raises $12M Funding Led by King River Capital...
King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund
20.3.2024
Australian venture capital firm King River Capital, blockchain gaming firm Immutable and Polygon Labs have teamed up to launch a $100 million gaming fund.
The post King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund appeared first on Cryptonews
Trump Poll Numbers In US Elections Boosted By Crypto Community
15.3.2024
A recent poll conducted by leading crypto venture capital firm Paradigm reveals that Donald Trump enjoys significant support from the crypto community.
The post Trump Poll Numbers In US Elections Boosted By Crypto Community appeared first on Cryptonews
Web3 Messaging Platform beoble Gets Backing from Animoca Brands to Scale
7.3.2024
Web3 messaging and social platform beoble has secured a strategic investment from Animoca Brands, a gaming and metaverse-focused venture capital firm.
The post Web3 Messaging Platform beoble Gets Backing from Animoca Brands to Scale appeared first on Cryptonews
Andreessen Horowitz Supports Crypto Startup EigenLayer With $100 Million Investment
22.2.2024
Venture Capital firm Andreessen Horowitz has invested $100 million in crypto restating startup EigenLayer after its latest funding round.
The post Andreessen Horowitz Supports Crypto Startup EigenLayer With $100 Million Investment appeared first on Cryptonews
Singapore-based VC Firm Farquhar Venture Capital Partners With TZ APAC
20.2.2024
Singapore-based early-stage venture capital firm Farquhar VC has partnered with TZ APAC, Asia's leading Tezos blockchain Incubator, with plans to invest in games.
The post Singapore-based VC Firm Farquhar Venture Capital Partners With TZ APAC appeared first on Cryptonews
Peter Thiel’s VC Firm Founders Fund Made $200M Crypto Bet Last Year
13.2.2024
San Francisco-based venture capital firm Founders Fund has once again jumped on the crypto bandwagon. Reuters reported on Monday that Peter Thiel’s VC allocated $200m toward crypto from late summer to early fall of 2023. Half of this investment was directed towards Bitcoin, with the other...
Paradigm Advocates for Prediction Markets as Hedge Against Crypto Regulatory Risks
6.2.2024
Venture capital firm Paradigm has filed a legal brief in support of the prediction market platform Kalshi, which is currently in a legal battle against the Commodity Futures Trading Commission (CFTC). In a “friend-of-the-court” brief filed recently, Paradigm, despite not being...
a16z-Backed Projects Sold Tokens and NFTs, Contrary to Claims by General Partner Chris Dixon
30.1.2024
a16z-backed projects sold tokens and NFTs to the public contrary to claims by Chris Dixon, a general partner at the venture capital firm. During a recent appearance on the New York Times podcast Hard Fork, Dixon defended his firm’s investment thesis and the projects they support. “No...
Value of Crypto Projects in Switzerland and Liechtenstein Surges 107% YoY to $382.93 Billion: Report
17.1.2024
Switzerland and Liechtenstein’s crypto projects value surged by 107% year-over-year to $382.93 billion, led by Ethereum, amidst broader market recovery and innovation. According to a report by Swiss venture capital firm Crypto Valley (CV VC), the value of cryptocurrency projects based...
New Ethereum L2 Protocol Blast Faces Scrutiny as Paradigm Raises Concerns – Here’s What You Need to Know
27.11.2023
Source: Adobe / lumerb Blast, the newly announced Ethereum (ETH) layer-2 scaling network led by the founder of top NFT marketplace Blur, has faced some controversy despite gaining notable traction. For one, Paradigm, a prominent venture capital firm in the crypto space, has outlined numerous...
Crypto Media Firm Coindesk Acquired by Bullish in All-Cash Deal
20.11.2023
Crypto media firms in 2023 are emerging with new owners. After Foresight Ventures, a Singaporean Web3 venture capital firm acquired a major stake in the publication The Block, a week later, the crypto publication Coindesk was acquired by Bullish, a firm led by former New York Stock Exchange...
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
10.11.2023
Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projects that align with Maven 11’s mission to “redefine...