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South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round
3.3.2022
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African...
Polymer’s $3.6M in Seed Funding Says IBC Is the Future of Crypto
2.3.2022
The team plans to make blockchains like Ethereum and Solana more easily compatible with chains built using Cosmos’ Inter-Blockchain Communication protocol
Ukraine accepts DOT, founder Gavin Wood donates $5.8 million
1.3.2022
The official Ukraine crypto wallets are now accepting donations from the Polkadot (DOT) ecosystem; cofounder Gavin Wood has donated $5.8 million or 298,367 DOT
DeFi Platform Thetanuts Finance Raises $18M Seed Funding to Fuel Growth
1.3.2022
The funding round was led by Three Arrows Capital, Deribit, QCP Capital and Jump Crypto
South African exchange raises $50M in Africa’s largest funding round
1.3.2022
The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs
Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war
27.2.2022
The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its civilians and troops
BitsCrunch raises $3.6M in funding for NFT analytics tools
25.2.2022
Several high-profile investment firms contributed to the funding round, suggesting interest in the space is far from waning any time soon
Web 3 Infrastructure Startup Aligned Exits Stealth With $34M in Funding
24.2.2022
The company was founded by former ConsenSys Chief Strategy Officer Sam Cassatt
Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding
24.2.2022
InfStones is among a crop of firms aiming to become the Amazon Web Services of Web 3
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding
24.2.2022
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs...
Animoca Brands Leads $10M Funding Round for NFT Platform Ucollex
23.2.2022
The platform, which doesn’t require buyers to own a digital wallet, focuses on art and pop culture collectibles
Fast Break Labs Raises $$6M in Seed Funding Round
23.2.2022
Web 3 fantasy sports game from Fast Break Labs also saw investment from League of Legends developer Riot Games’ Thomas Vu
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Brazilian Crypto Exchange Foxbit Raises $21M in Series A Funding
22.2.2022
Funds will be used for developing new technology, team expansion and potential acquisitions, the company said
Solidus AI Tech Raises $5.4 Million in Funding and Unveils New Partners
22.2.2022
PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite...
BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology
22.2.2022
Bitpanda said Trustology acquisition would be the first step towards launching its prime brokerage service Bitpanda pro
Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million
20.2.2022
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series...
Flutterwave Raises $250 Million in Series D Funding Round, Startup Now Valued at Over $3 Billion
19.2.2022
Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans...
Crypto Biz: JPMorgan enters the metaverse, Marshall Islands legalizes DAOs, Feb. 10-16
18.2.2022
In other business news, Fireblocks has acquired First Digital in a deal reportedly worth $100 million and the New York Stock Exchange is pursuing NFT trading
Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets
18.2.2022
On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic...