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Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Governments can stop Bitcoin by shutting down mining, says Electric Capital exec
20.4.2021
"If the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80-90% of the hashrate pretty quickly," said Curtis Spencer
Payments Startup Celo Raises $20M From a16z, Electric Capital
10.2.2021
Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys
Saddle Raises $4.3M for Slippage-Free DeFi Trading
19.1.2021
Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi
Ethereum Far Outpaces Bitcoin in Developer Activity in 2020: Electric Capital Report
10.12.2020
The number of developers in crypto is ticking up again, and one network remains a clear winner in attracting coders
DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding Round
3.9.2020
Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow Ventures, Volt Capital, Spencer Noon, Moncada and others
Electric Capital’s New $110M VC Fund Is 90% Institutions
3.8.2020
Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital
Crypto Code Commits Remain Near All-Time Highs, Despite Price Declines
12.8.2019
A new report from Electric Capital identifies which blockchains are attracting developer activity