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NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
Li Rongbin, Founding Partner of SevenX Ventures, Explains Where the Metaverse and NFT Market Are Heading
18.11.2021
SevenX Ventures is a community and research-driven blockchain investment firm built alongside entrepreneurs. They invest in blockchain startups and projects shaping the future of open finance and decentralized networks. Their portfolio covers more than 100 projects, including DeFi (DODO, Zerion)...
Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund
9.11.2021
Venture capital funds are eyeing Web3-powered social networks as the next major growth vector in crypto and blockchain
Solana Ventures, FTX, and Lightspeed Launch $100 Million Blockchain Gaming Fund
8.11.2021
Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network....
Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund
5.11.2021
The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers
Mintverse Closes Successful Seed Round of $1.5M
5.11.2021
PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising $1.5 million from private investors. Led by A&T capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block...
KuCoin Labs Invest in Huobi-Backed SocialFi Platform to Expand Into Metaverse and NFT Space
4.11.2021
PRESS RELEASE. The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures...
The Sandbox Scores $93 Million Investment Led by Softbank as Metaverse Tokens Thrive
4.11.2021
The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included...
Sfermion raises $100M for NFT and metaverse ventures
1.11.2021
The firm traditionally focuses on gaining exposure to NFT assets, but is keen to expand its portfolio to the metaverse space amid its recent emergence into the public discourse
Decentralized design platform Moralis raises $13.4M in seed funding from EQT Ventures
28.10.2021
The middleware dApp building platform hopes to play a role in taking the sector mainstream
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
21.10.2021
On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising...
Chimeras Play-to-Earn Metaverse Completes Successful Funding Round
19.10.2021
PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with...
Start-up Raises $2 Million to Pioneer Cryptocurrency Usage in Francophone Africa
10.10.2021
A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking African countries. Coinshares Ventures and Anthemis Group led the funding round in which they were joined by Mercy Corps Ventures, Lateral Capital, Lofty...
Stader Labs completes $4M funding raise to expand crypto staking
7.10.2021
Founded in April 2021, the platform raised funds from a plethora of high-profile figures from the crypto and blockchain space
Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed
29.9.2021
The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to register.” CFTC Charges Kraken, Imposes...
Cardano to Invest $100 Million to Fund Decentralized Finance Projects
29.9.2021
Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing...
Regulator is Like a ‘Bulldozer’ but Crypto is ‘Resistant to State Control’
29.9.2021
rel="noopener noreferrer" href="https://www.cftc.gov/PressRoom/PressReleases/8433-21">issued “an order filing and settling charges against respondent Payward Ventures, Inc. d/b/a Kraken […] for illegally offering margined retail commodity transactions in digital assets,” including
Pan-African Exchange Yellow Card Raises $15 Million in Latest Funding Round
29.9.2021
Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding round. The capital raise, which is Yellow Card’s largest, was led by Valar Ventures, Third Prime, and Castle Island Ventures. Square, Coinbase Ventures,...
Huobi-Backed SocialFi Platform, Torum to Make Social Metaverses a Reality With Avatar NFTs
29.9.2021
PRESS RELEASE. Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 29th September 2021, Kuala Lumpur, Malaysia — Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and...
Green Bay Packers Running Back Aaron Jones Joins Crypto Exchange FTX’s Ambassador Team
28.9.2021
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an FTX Ambassador in a long-term partnership. The collaboration with the NFL player follows the firm’s partnership with seven-time Super Bowl winner Tom Brady...