Lightspeed Venture Partners, and Pantera Capital, investment firms focused on blockchain and cryptocurrency, today announced an investment in Wintermute, a crypto-native market maker focused on creating efficient, liquid, transparent markets. Other investors joining the round include Sino Global Capital, Kenetic Capital, Rockaway...
A new funding round led by Hong Kong-based crypto investment firm Alameda Research has raised $50 million to create a decentralized finance (DeFi) ecosystem on Maps.me, a leading offline mapping application. Genesis Capital and CMS Holdings also participated in the round. The launch of an embedded multi-currency wallet on Maps.me will unlock DeFi tools for its 140 million users. As well as providing...
Royale Finance, a cross-chain DeFi solution that uses liquidity pools to provide funding for iGaming startups, today announced it has raised $1.45 million USD to merge DeFi with iGaming, a multi-billion dollar market that includes online casinos, sports betting, poker, prediction markets, lotteries, and more. Contributors to Royale's funding round include Alphabit Fund, AU21 Capital, Fomocraft Ventures, Kyros Ventures, and Vendetta Capital. The...
Zipmex, a licensed cryptocurrency exchange, today announced the closing of its latest funding round. The round was led by Jump Capital, a US venture capitalist firm specializing in data-driven tech companies such as institutional cryptocurrency financial services provider BitGo and investing community TradingView. The total amount raised exceeded the initial target of USD $4 million to reach USD $6 million. The raise follows...
Conflux Network, a state-endorsed public, permissionless blockchain project in China, today announced it has received a $5 million USD research grant from the Shanghai government. The grant is funded by the Shanghai Science and Technology Committee and the Changning District government. This marks the...
Biconomy, a platform that empowers blockchain developers to provide a simplified onboarding and transaction experience for their Web3 projects, today announced it has secured $1.5 million in a seed funding round led by Eden Block, a research-led European VC, with participation from 8 other investors including Fenbushi Capital, Binance and DACM to continue its mission of reducing friction for users interacting with blockchain...
Diginex, a blockchain asset and crypto financial services company, today announced that it has entered into definitive agreements with certain institutional investors to raise aggregate gross proceeds of approximately $38.6 million through the private placement of its equity securities. Diginex will sell an aggregate of 2,571,669 of the company’s ordinary shares along with warrants to purchase up to an aggregate of 2,571,669 ordinary...
Norwegian Block Exchange, a Norwegian cryptocurrency exchange founded by Bjørn Kjos, who also founded Norwegian Airlines and Bank Norwegian, announced it has secured a large private investment. The investment will provide NBX with financial means to pursue a banking license, and become one of Europe's first digital assets banks. NBX sees the potential to become the one-stop solution for financial services in the...
Furucombo, a drag and drop tool built for end-users to optimize their DeFi strategy, announced today it has raised $1.85 million in seed funding. Backers include: SevenX Ventures, Defiance Capital, 1kx, Multicoin Capital, DeFi Capital, BTC12 Capital, Stani Kulechov, Ronald Yu, amongst many others Funds raised will be used to expand its core team and strengthen the security layer of the ecosystem. Furucombo...
Argo Blockchain, a cryptocurrency miner based in the UK, announced it will co- lead an investment in Luxor Technologies, developer of a hashrate management platform. As part of the deal, Argo will invest $100,000 USD into Luxor. Luxor intends to use the capital to make several key...
PAID Network (PAID), a blockchain-powered e-signature contract protocol, has closed a $2 million funding round led by Alphabit Fund and Master Ventures. Other investors and partners include A195, AU21, Brilliance Ventures, Phoenix VC, and X21. PAID's private sale has been oversubscribed, with more than $21 million committed already. According to PAID’s spokesperson, the value of allocation requests is growing by $1 million daily....
MATH Global Foundation, the Singapore-based foundation behind the development of MathWallet, today officially announced the completion of $12 million in Series B funding, led by Binance Labs, the venture capital and incubator of Binance. This strategic investment will enable MATH to accelerate...
Today, the Stellar Development Foundation (SDF) announced a strategic investment in Settle Network, a digital assets settlement network across LATAM for exchange and cross-border payments. The investment of up to $3 million, paid in lumens, will help bolster Settle's current suite of payment tools centered around stablecoins: fiat-to-crypto on-ramps for B2C and B2B users, stablecoin issuance and marketplace, stablecoin payment processing, and merchant...
Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, led the round, which includes investments from Mithril Capital, PayPal Ventures, RIT Capital Partners plc, Ken Moelis, Alua Capital, Senator Investment Group, and more. Previous Paxos investors also participated...
AlgoTrader, an institutional-grade algorithmic trading software solution available for crypto markets, today announced that Finab EOS VC Fund has invested a seven-digit amount into the company. This investment enlarges the company's Series A round to CHF 5.2 million. The Series A round was led by Credit Suisse Entrepreneur Capital Ltd. joined by investiere, Blockchain Valley Ventures, and NeueCapital....
Multicoin Capital, a blockchain and crypto investment firm, today announced it has led a $1.15 million seed round in Swivel Finance, a new decentralized protocol that enables fixed-rate lending and interest-rate derivatives. Swivel aims to make crypto more stable, accessible, and financially attractive to...
Lukka, a crypto asset software and data provider, announced it has completed its Series C funding led by State Street Corporation with participation from S&P Global, and CPA.com, the business and technology subsidiary of the AICPA. With the Series C raise, Lukka will continue to expand its existing...
Bitso, a leading Latin American based crypto exchange platform, founded in 2014, today announced that it closed a $62 million Series B round led by distinguished investment firms Kaszek Ventures and...
TheAPIS, an open source, decentralized API platform, recently announced a $3 million strategic investment from crypto-focused venture firm BTX Capital. With their new partnership, they aim for a new era in which developers receive a share in the profits made by companies that benefited from the economies of scale and network effects they made possible. TheAPIS is a developer-built platform that manages communications...
Slingshot, a decentralized exchange (DEX) aggregator formerly known as DEX.AG, today announced the close of its $3.1 million raise to bring the next generation of decentralized finance (DeFi) trading to market. The funding round is led by Framework Ventures, a technology investment firm that focuses on the rapidly growing DeFi space. Also participating in the raise are many of the industry's top investors,...
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