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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...
Bitcoin miner Luxor eyes North American expansion with $5M funding round
10.6.2021
Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry
Goldman Sachs backs $28M funding round for Blockdaemon
9.6.2021
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
8.6.2021
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
6.6.2021
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital....
Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs
29.5.2021
PRESS RELEASE. Pandora Finance (https://pandora.finance/) announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by manifolds. Overview of strategic...
Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round
28.5.2021
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...
Chia raises $61M for ‘eco-friendly’ crypto despite critics
25.5.2021
Chia Network has raised $61 million in funding from leading tech investors including Andreesen Horowitz and Naval Ravikant for its supposedly eco-friendly crypto network
Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round
7.5.2021
Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep...
Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round
6.5.2021
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital...
Funding Roundup: Derivatives and Defi Draw a Fresh Influx of VC Firms and Private Investors
4.5.2021
As blockchain technology disrupts traditional industry standards, the list of progressive investors willing to stake their money has increased significantly. Leveraging this ongoing investment trend, both upcoming and ongoing projects are attracting millions of dollars from private investors...
BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
14.4.2021
PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include...
Kattana Completes $1.3M Private Funding Round, Announces IDO on Polkastarter
2.4.2021
Kattana announced an upcoming Initial DEX Offering (IDO) that will be hosted on April 9 on Polkastarter, the leading cross-chain protocol and first choice for many IDOs. An IDO is a new fundraising model that relies on decentralized liquidity exchanges which offer immediate liquidity at every price...
Kattana Completes $1.3M Private Funding Round, Announces IDO on Polkastater
2.4.2021
Kattana announced an upcoming Initial DEX Offering (IDO) that will be hosted on April 9 on Polkastarter, the leading cross-chain protocol and first choice for many IDOs. An IDO is a new fundraising model that relies on decentralized liquidity exchanges which offer immediate liquidity at every price...
Michael Jordan, Will Smith join $305M funding round for NBA Top Shot maker Dapper Labs
31.3.2021
Basketball legend Michael Jordan and Hollywood icon Will Smith are among a group of investors in Dapper Lab’s latest funding round
Pantera Capital backs Liquidity Protocol’s $6M Series A funding round
29.3.2021
Liquidity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round
Crypto-focused software firm Lukka raises $53M in funding round
26.3.2021
Lukka said it planned to add additional features for customers dealing in derivatives, DeFi products, and other products of the crypto space
Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion
24.3.2021
The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion...
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
18.3.2021
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry
Crypto lending firm BlockFi raises $350M in new funding round
11.3.2021
The company is now valued at $3 billion