Tag: funding

The second half of 2022 brought a visible slump in venture capital investments across all significant blockchain industry sectors, according to the newest report published by Cointelegraph Research.

Although the value of funding raised for the entire...

The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default. Fenbushi Capital US, a venture capital firm specializing in blockchain technology, led a new $300 million Series C investment round for Amber, the business announced on Twitter on December 15. Due to FTX's […] The post...

Keyrock, a crypto market maker company, has successfully closed the Series B funding round led by popular digital assets investors, including SIX Fintech Ventures,

Every month, Matrixport trades $5 billion of goods and has $10 billion in assets under management and custody. Jihan Wu is in charge of the company Matrixport, which wants to raise $100 million at a $1.5 billion valuation. At the sky-high valuation, lead investors have already committed $50 million, but the Singapore-based company is still […] The post...

CZ believed the incident was terrible for the industry because one of the top cryptocurrency businesses collapsed over night. In 2022, cryptocurrency exchange FTX declared bankruptcy alongside numerous other failed projects, such as Terra (LUNA), 3AC, Celsius, and Voyager. Changpeng "CZ" Zhao, the CEO of Binance, the largest cryptocurrency exchange, predicts a period of increased […] The post...

London-based Archax, an institutional digital asset platform, announced on Tuesday the closure of its Series A funding round, raising $28.5 million. It will utilize the proceeds to scale up the launch of products and services.

The funding round...

The post Digital Asset Manager Bakkt To Acquire Apex Crypto for $200M appeared first on Coinpedia Fintech News Apex Crypto, LLC, a digital asset platform, will get Bakkt from Apex Fintech Solutions, Inc. According to the contract, Bakkt will pay the first installment of $55 million to close the deal to buy Apex Crypto for $200 million. The transaction, subject to regulatory approvals,...

The post NEAR Foundation Announce $40Million Protection Fund ! appeared first on Coinpedia Fintech News The NEAR Foundation is taking steps to help USN holders to avert another stablecoin collapse and a crypto pandemic. On October 24 the platform stated that it has set aside $40 million for a grant for the "USN Protection Programme." By guaranteeing that users and holders of USN...

The post Celestia Foundation Raises $55 Mn In The Latest Funding Round appeared first on Coinpedia Fintech News On October 18, Celestia Foundation announced a $55 million funding round led by Bain Capital Crypto, Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, Jump Crypto, as well as angel investors Balaji Srinivasan, Eric Wall,...

The post Ego Death Capital, a New Venture Capital Firm Raising $30M appeared first on Coinpedia Fintech News Ego Death Capital, a new venture capital firm focused on the Bitcoin ecosystem, is raising $30 million for its first fund. "When we decided to take this leap, there was a fundamental shift underway," Ego Death partner Nico Lechuga told CoinDesk in an interview. "You...

The Stellar Development Foundation has set up a $100 million fund to help people adopt the Stellar Network-based platform. A press release on Tuesday said that the smart-contract platform Soroban has launched on the Stellar network with the help of a $100 million fund.The Soroban Adoption Fund gives $100 million from the Stellar Development Foundation […] The post...

According to a recent report, major decentralized exchange (DEX) Uniswap has been in talks with NFT lending protocols to raise funds to further develop its decentralized finance (DeFi) capabilities. According to a Sept. 30 TechCrunch story, Uniswap Labs, a DeFi firm that contributes to the Uniswap Protocol, is in discussions with a number of investors […] The post...

Molten Ventures led the round, and 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First, and InQTe all put money in as well for Hadean. The firm raised $30 million in Series A funding in a round led by Molten Ventures and including Epic Games, which made the online video game Fornite. More so the company […] The post Hadean Raises $30M...

The post Hong Kong Billionaire to Raise $ 200 Million Crypto Fund appeared first on Coinpedia Fintech News C Ventures, a venture capital firm started by Hong Kong real estate tycoon and billionaire Adrian Cheng, is reportedly looking to raise $200 million to invest in the cryptocurrency market. In addition to the cryptocurrency fund, C Ventures intends to raise around $300 million over...

Binance Labs, the venture capital arm of crypto giant Binance, yesterday announced that the company has boosted its strategic investment in Aptos Labs, a technology-driven blockchain firm focused on user security.

Aptos Labs aims to utilize funds for infrastructure development. The company is also planning to expand its team through funding. In March 2022, Binance Labs announced the first round of investment in

With its new product suite, Redstone wants to make it easier and cheaper for blockchains and other data sources to work together. RedStone, a DeFi oracle platform, has raised almost $7 million to build a faster and cheaper cross- chain oracle for decentralized finance protocols. A press release from Monday said that Coinbase Ventures, Blockchain Capital, […] The post...

Singapore state investor Temasek will lead a $100 million funding round for blockchain venture Animoca Brands using convertible bonds. As major government-affiliated corporations apparently continue to bet on significant sector participants, the venture capital market for the cryptocurrency industry is reportedly holding strong despite the crypto winter. According to a Tuesday Bloomberg story, the $100 […] The post...

UK-based financial giant, Barclays is reportedly investing a ‘decent’ amount in Copper, one of the fastest-growing companies in the institutional crypto space. According to Sky News, Barclays is joining several other new investors in Copper’s funding round.The report added that the fundraising is expected to be finalized within the next few days. Amid the latest crypto winter, digital asset firms are witnessing...

The post Web3 Gaming Company Planetarium Labs Raised $32M Funding by Animoca Brands appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide South Korean-based startup Planetarium labs a community-based web3 startup raised $32 Million in series A funding Led-by the Animoca Brands. Other investors in this round involve Samsung Next, Krust Universe, publisher of the play-to-earn game Mir4 We made,...

The post Blocksec Raised $8 Million from Vitalbridge Capital and Matrix Partners appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Blocksec startup was founded in 2021 and is working on blockchain technology raised $8 million in their seed plus founding co-led by Vitalbridge Capital and Matrix Partners with participation on mirana venture (venture partner of bybit,) coin summer and...