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Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
7.6.2022
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept...
Ugandan central bank U-turns on crypto welcoming firms to regulatory sandbox
6.6.2022
The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
28.5.2022
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
27.5.2022
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S. captures more than 41% of the NFT companies worldwide, the second largest number of NFT startup...
Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil
25.5.2022
The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction
Swiss VC Launches African Blockchain Early Stage Fund
24.5.2022
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley...
Venture funding for African crypto startups grew 11x in 2022: Report
23.5.2022
While Africa has not yet seen a “blockchain mega-deal,” the report noted that crypto unicorns might emerge from the region in 2-3 years
A16z Launches $600 Million Web3 Gaming Focused Fund
21.5.2022
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming...
Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’
9.5.2022
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed....
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
6.5.2022
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...
Andressen Horowitz Commits $500 Million for Indian Startups: Report
3.5.2022
The move comes as more VCs target India’s growing startup ecosystem
Andreessen Horowitz Launches A16z Crypto Research Lab
24.4.2022
A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice...
A16z Forms Crypto Research and Coding Unit to Help Web 3 Startups
21.4.2022
The new crypto research team is staffed with academia all-stars aiming to provide deeper insights for the firm’s portfolio companies
In the US, public-private state associations form networks of support for crypto businesses
4.4.2022
State-level organizers in the U.S. are working hard to advance the blockchain and crypto markets and their emerging players
Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups
31.3.2022
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital...
Blockchain Startup’s Digital Identity Solution Made Available to 50,000 Zimbabwean Patients
21.3.2022
Flexid Technologies, a blockchain startup promoting the use of digital identities, said its solution was recently used by thousands of Zimbabwean households and patients that participated in a local health survey study. Using Technology to Drive Down the Cost of Healthcare A blockchain startup...
Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year
19.3.2022
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over...
Crypto startup employee quits after realizing telltale signs of failure
16.3.2022
Offering NFT services without proper infrastructure and purchasing crypto at ATH purely based on popularity were the red flags for the Redditor
Report: Africa Fintech Startups Raised $2 Billion in 2021
15.3.2022
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021...
Citi’s digital asset co-heads resign with plans to create crypto startup
12.3.2022
This move follows various other banking veterans making the change from Wall Street to crypto ventures