Venture Capital

Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’

Paul Brodsky, a former partner at storied crypto investment firm Pantera Capital, has left to launch a hedge fund aimed at volatility plays across cryptocurrencies and traditional assets. Brodsky’s new fund, PostModern Partners, will open in 2021 with a focus on high-risk, high-return blockchain investment opportunities, according to a source familiar with the matter. It …

Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’ Read More »

Framework’s Michael Anderson: ‘Ethereum is where DeFi will continue to be’

Following the collapse of initial coin offerings, venture capital became the primary funding source for cryptocurrency projects. A slew of crypto-native funds opened their doors, one of them being Framework Ventures, a fund primarily investing in decentralized finance that was co-founded by Michael Anderson and Vance Spencer. Cointelegraph previously reported on Anderson’s philosophy of network …

Framework’s Michael Anderson: ‘Ethereum is where DeFi will continue to be’ Read More »

Pantera Capital Has Raised 3x More This Year Than It Did in 2019

Pantera Capital, a crypto investment firm that has $600 million under management, had a very good year, but still not as good as 2018. According to a recent SEC disclosure, Pantera Venture Fund III has raised $164,705,834 to date — and a whopping $68,841,379 of that has come over the last twelve months. While the …

Pantera Capital Has Raised 3x More This Year Than It Did in 2019 Read More »

Electric Capital’s New $110M VC Fund Is 90% Institutions

Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital. “The early-adopter, forward-thinking investors are now significantly off zero and now everyone is looking at those guys and saying, ‘Oh, maybe we should be off zero as well,’” Electric Capital co-founder Avichal …

Electric Capital’s New $110M VC Fund Is 90% Institutions Read More »

This a16z Alum Is Launching a VC Fund Focused on Platforms You Can ‘Own’

An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered “ownership economy.”  Jesse Walden, who focused on blockchain investments at a16z, announced his Variant Fund in a blog post published Tuesday. Walden said the new fund is focused on the idea that the people who make platforms and products …

This a16z Alum Is Launching a VC Fund Focused on Platforms You Can ‘Own’ Read More »

Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR

Binance Labs, the incubation and seed funding arm of the world’s largest crypto exchange, has made its first investment this year, backing decentralized privacy startup HOPR. Announced Thursday, Binance Labs led a $1 million seed round in HOPR, which has also received funding from Focus Labs, Spark Digital Capital, Caballeros Capital and Synaitken. The seed …

Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR Read More »

Brock Pierce Jumps Into 2020 US Presidential Last Minute

Brock Pierce, entrepreneur, crypto venture capitalist and child star, has announced his USA Presidential run on Twitter July 5. His tweet stated that: “I, Brock Pierce, am running for President of the United States of America.” Pierce’s campaign site states that he is a pioneer digital currency and has raised more than $5 billion for …

Brock Pierce Jumps Into 2020 US Presidential Last Minute Read More »

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm

Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.  Announced Wednesday, the crypto custody tech provider, which uses a technique called multi-party computation (MPC), received investment from CommerzVentures, Coinbase Ventures, Digital Currency Group (DCG), Team8 and Digital Garage Lab Fund. Curv …

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm Read More »