Led by venture capital firm Lightspeed Venture Partners with major participation from Baillie Gifford & Co, wallet provider and exchange Blockchain.com raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms continue to attract capital and investments, regardless of the turbulent venture capital…
Ethereum Layer-2 scaling solutions are seeing more and more protocols building on them as the technology becomes increasingly mature. A month ago Yearn Finance launched its first layer-2 powered service on optimistic rollup protocol Arbitrum, and three weeks ago StarkWare themselves raised $100 million at a $6 billion valuation. The latest protocol to jump on…
Rumors are Worldcoin has raised $100 million in a private token sale from backers, including Andreessen Horowitz and Khosla Ventures. The deal is said to value the company at $3 billion, which is sizeable considering its break from “stealth mode” just five months ago. The Series A funding round, which concluded in October 2021, was…
The Mina Ecosystem secured $92M through strategic and private sales of MINA led by FTX Ventures and Three Arrows Capital, with the participation by FTX representing the venture fund’s first major backing of zero knowledge-based smart contract technology. The leads were also joined by Alan Howard, Amber Group, Blockchain.com, Brevan Howard, Circle Ventures, Finality Capital…
Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calcalist. The last series C round closed in November, brought in $50 million at a $2 billion valuation, thus tripling the company…
The government of Ukraine, which according to various estimates has already received about $33 million worth of crypto donations, has recently announced an airdrop aimed at its benefactors. However, some expressed dissatisfaction with the fact that certain donors apparently won’t be rewarded for their humanitarian aid. Answering to the humanitarian appeal from @FedorovMykhailo, TRON community…
This week, Ethereum layer 2 platform Polygon announced it had raised $450 million in a funding round led by Sequoia Capital India. The list of backers also includes a host of familiar names, such as Galaxy Digital, Alameda Research, Bitfinex, and Celsius. The raise is widely touted as a win for Web3 development, which aims…
NGRAVE, a cryptocurrency hardware wallet manufacturer, announced today that it has completed a $6 million seed funding round. The funding round saw participation from renowned DeFi and Web3 investors, including Woodstock Fund, Morningstar Ventures, DFG Group, Spark Digital Capital, Moonrock Capital, Mapleblock Capital, and multiple angel investors. Funding NGRAVE’s global reach The $6 million funding…
In the latest round of funding, Australian metaverse company Animoca Brands raises over $358 million, 358,888,888 to be exact – 8 being considered a lucky number in many parts of Asia and the crypto community at large – at a slightly beyond $5 billion pre-money valuation. The round was led by Liberty City Ventures, with…
Unique Network, the NFT chain built for Polkadot and Kusama, has raised over $11.2 million from 7,900 supporters in their public sale. The sale of tokens was launched for the community and participation in the sale required completion of a KYC process in advance. The sale launched on January 12th and finished on January 13th….