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Let’s Put EA CEO’s $20 Million Payout In Context
17.6.2022
The CEO of Madden maker Electronic Arts is set to rake in $19.8 million in total compensation for his company’s strong performance in 2021. That’s about half of what it was for 2020 after EA’s Board of Directors cracked down on exorbitant bonuses in the face of shareholder backlash, but still...
Felix Capital Raises $600 Million to Grow Web3 Exposure
11.6.2022
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its...
Saudi Arabia Buys $1 Billion Stake In Publisher That Owns Many Of Your Favorite Games
9.6.2022
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Binance Labs' USD 500M Investment Fund, FTX's Talks With Goldman Sachs, KuCoin's Wallet + More News
1.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Binance Labs' USD 500M Investment Fund, FTX's Talks With Goldman Sachs, KuCoin's Wallet + More News
EA Tells Devs It Won't Take Stand On Abortion Rights, Encourages 'Healing Circles'
25.5.2022
Electronic Arts won’t be joining some other big game studios in publicly supporting abortion and transgender rights, Kotaku has learned. Asked about it during a May 24 company-wide town hall meeting, the gaming publisher told staff it couldn’t take a stance on every public issue and that “being...
Layoffs At EA Austin Following Split With FIFA
18.5.2022
Electronic Arts is laying off a ton of customer service staff at its Austin office, according to internal emails viewed by Kotaku. One source familiar with the decision told Kotaku that as many as 100 employees could be affected, many of whom supported live operations on FIFA 22. Going forward,...
Saudi Arabia Now Owns 5% Of Nintendo
18.5.2022
Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.Read more
White Star Capital raises $120M for Ubisoft backed Web3 investment fund
12.4.2022
The Web3 tech investment firm will contribute up to $7 million to as many as 25 companies across Europe, Asia, and North America with the new funds
HSBC debuts metaverse investment fund in Asia: Report
6.4.2022
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March
Staking Solution Chorus One Launches Up to $30M Proof-of-Stake Investment Fund
4.4.2022
The company will invest the money in proof-of-stake networks, protocols and related products over the next three years
EA Cancels Its Big Summer Event
16.3.2022
First kicking off in 2016, Electronic Arts has traditionally used the week of E3 in early June to hold its own EA Play Live event, during which the publisher would make many of its biggest announcements for the year. That’s coming to an end in 2022.Read more
Stellar Development Foundation Launches $30 Million Investment Fund
15.3.2022
The fund will match existing investments into platforms that use the Stellar blockchain
Bain Capital Ventures sets up half a billion-dollar fund for crypto projects
8.3.2022
Venture capital investment in crypto projects topped $25 billion in 2021, more than the sum of the last ten years
Crypto Investment Fund Iconium Spearheads Push for the Decentralized Internet
24.2.2022
Milan, Italy, February 24, 2022 – Iconium, a crypto investment fund specializing in digital assets and projects promoting decentralization, spearheads the effort to support the infrastructure of Web3.0. Led by industry veterans, Iconium leverages its vast network of industry experts to support...
KB Bank to launch South Korea’s first crypto investment fund
21.2.2022
The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs
Saudi-Backed Company Buys ESL For $1 Billion
24.1.2022
It’s being reported by multiple outlets that ESL, one of the world’s oldest and biggest esports companies, has been bought for $1 billion by Savvy Gaming, an esports investment company that is backed by the Saudi Arabian Government’s wealthy and controversial Public Investment Fund.Read more
Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols
18.12.2021
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
Solana Ventures, Forte, and Griffin Gaming Launch $150 Million Web3 Fund
16.12.2021
Solana Ventures, the investment arm of Solana Labs, has announced a new investment fund to bring more Web3 products to its network. In partnership with Forte, a company that provides tools for blockchain integration on games, and Griffin Gaming, a VC company invested in the global gaming market...
Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...