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Nodeseeds Launches Three-Tier Membership to Ensure Transparency and Fair Allocation of Projects
3.8.2021
PRESS RELEASE. Blockchain venture capitalist firm Nodeseeds has announced the launch of a three-tier membership system to democratize its investment process. Nodeseeds revealed further details in a blog post on its medium page. Fair Allocation Tier System According to the post, Nodeseeds stated...
Big Investors Are Pushing up Valuations of Crypto Firms
1.8.2021
Venture capital firms and large investors are driving up the prices of crypto startups. Boutique investment firms and family offices are being elbowed out by big venture capital firms, private equity funds, and even some pension funds. VC Firms Driving Up Prices of Crypto Startups Cryptocurrency...
Coinbase Ventures backs Ethereum-based streaming network
30.7.2021
Livepeer's $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures
Large VCs are sidelining smaller crypto investors, PwC crypto lead says
30.7.2021
Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation
Multiverse secures $15M investment from Samsung Next, leading blockchain VCs
28.7.2021
“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.”
Bitcoin rewards app Lolli closes $10M investment round
28.7.2021
Acrew Capital, Lolli’s primary backer during the raise, said the app is well positioned to boost Bitcoin adoption in the long run
Multi-chain infrastructure network Biconomy concludes $9M investment round
28.7.2021
The funds will be used to develop a “multichain relayer network” that provides solutions to Web 3.0 development issues
Blockchain unicorn Fireblocks raises $310M
27.7.2021
The investment round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X. Launched in 2020, SCB 10X is the venture capital arm of Siam Commercial Bank, Thailand’s oldest bank
Binance Is Hunting for a New CEO — Exchange’s US Venture ‘Looks at Potential IPO Route’
23.7.2021
Binance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange has been stuck in regulatory crosshairs during the last few weeks and has had issues with payment...
NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn
22.7.2021
Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher,...
FTX smashes crypto funding record with $900m raise to become exchange decacorn
20.7.2021
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets over the same period
Social NFT platform DeFine raises $5M from Asian investors
20.7.2021
The market for nonfungible tokens, or NFTs, appears to be growing in Asia. Several companies and venture funds have backed DeFine in its quest to bring NFTs to mainstream audiences
CoinFund debuts $83M crypto startup fund
20.7.2021
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which...
NIFTSY, an NFT Venture, Credits $1M in Revenue Profits
19.7.2021
NIFTSY, developed by the NFT ecosystem, is established to enhance liquidity and royalty functionalities. NIFTY has enhanced its offerings through NFT to administer security rooted and a cross-chain mandate that identifies profitable crypto values. Recently it publicly declared that it has earned...
Bitcoin interoperability platform Interlay raises $3M in seed funding
17.7.2021
Interlay’s mission is to bring its interBTC product to all major blockchains, including Polkadot, Ethereum and Cosmos, according to founder and CEO Alexei Zamyatin
Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa
16.7.2021
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek...
Phantom raises $9M to launch multi-chain crypto wallet
14.7.2021
The Series A fundraiser was led by Andreessen Horowitz, with participation from Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation. Angel investors from Compound, dYdX and Ethereum Foundation also participated
Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks
14.7.2021
The Series B funding round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures
South Korean Bank Woori Financial to Offer Crypto Custody Services
13.7.2021
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after...
Nifty’s Inc. launches social NFT platform with Warner Bros. partnership
12.7.2021
The Nifty community plans to be an “inviting home base for new and experienced explorers of the NFT universe,” according to CEO and co-founder Jeff Marsilio