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DAO-led DeFi Hub, NearPad, Announces 2M USD Seed Raise


Disclaimer: The text below is a press release that was not written by Cryptonews.com. NearPad, the DeFi hub on NEAR’s layer 2 protocol - Aurora, has announced the successful close of its 2M USD seed round. The raise was led by NGC with participation from leading backers in the blockchain space...

Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO


An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the...

FTX Confirms Its Mega Raise As Investors Bet on Crypto Future


Sam Bankman-Fried, CEO of FTX. Source: A video screenshot, Youtube/FTX Official As expected, two-year-old major crypto derivatives exchange FTX was valued almost 20 times more in a recent investment round, one of the largest raises in the crypto industry. The operator of the exchange, FTX Trading...

Infinity8.io and Sacha Jafri Make NFT History at amFAR 2021


As cameras flashed at tonight’s 27th amFAR gala at the Cannes film festival in the south of France, one-star continued to shine, the world’s second highest-selling living artist, Sacha Jafri. The lavish gala celebrated its 27th edition with host Sharon Stone as Alicia Keys gave...

Thales Uses DAO-first Round to Raise $2.5 Million


In an important development, Thales has successfully raised $2.5 million through an investment round led by the Apollo Capital and Framework Ventures. The company has also expressed its gratitude to LD Capital, ChainCatcher, Zee Prime Capital, and Honey DAO for providing their valuable logistical...

Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs


The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital...

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