Funding

FTX smashes crypto funding record with $900m raise to become exchange decacorn

FTX, the cryptocurrency derivatives exchange founded by Sam Bankman-Fried, has closed a $900 million funding round – highlighting once again that venture capitalists are shrugging off market turmoil in their quest to uncover quality blockchain plays. The Series B investment round had over 60 participants, including Softbank, Sequoia Capital, Coinbase Ventures, Multicoin, VanEck and the …

FTX smashes crypto funding record with $900m raise to become exchange decacorn Read More »

CoinFund debuts $83M crypto startup fund

CoinFund, a blockchain investment firm behind several recent venture raises, has closed an $83 million funding round as part of its ongoing initiative to bootstrap promising crypto-focused startups.  The oversubscribed fundraise was led by Venrock, a California-based venture capital firm founded in 1969. CoinFund said several other “forward-thinking institutional allocators” contributed to the raise, but …

CoinFund debuts $83M crypto startup fund Read More »

Bitcoin interoperability platform Interlay raises $3M in seed funding

Interlay, a Bitcoin (BTC) interoperability project that first launched on Polkadot, has concluded a $3 million seed round to further develop its flagship decentralized finance product, marking another important capital raise in the blockchain industry.  The funding will go towards supporting Interlay’s interBTC platform, which allows users to invest, earn and pay with Bitcoin on …

Bitcoin interoperability platform Interlay raises $3M in seed funding Read More »

Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks

Blockchain security firm CertiK announced Wednesday that it has received $37 million in fresh financing to expand its product and security capabilities for the cryptocurrency and DeFi industries.  “We’re proud to advance transparency in the space by providing the tools and resources – including our official audit reports – so the community can make sense …

Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks Read More »

Nifty’s Inc. launches social NFT platform with Warner Bros. partnership

The debut of Nifty’s social NFT platform came with much fanfare on Monday after the company announced a major partnership with Warner Bros. and $10 million in seed investments from some of blockchain’s biggest venture firms.  Through its Warner Bros. partnership, Nifty’s will launch a collection of limited-edition NFTs featuring characters from the upcoming movie …

Nifty’s Inc. launches social NFT platform with Warner Bros. partnership Read More »

Crypto asset manager Valkyrie raises $10M in Series A round

Digital asset manager and Bitcoin (BTC) ETF proponent Valkyrie Investments recently concluded a $10 million Series A funding round, once again highlighting growing investor interest in crypto-focused firms.  In addition to Charlie Lee, who is a well-known entrepreneur in the cryptocurrency industry, the funding round also saw participation from XBTO, BTC Media, UTXO Management, Consolidated …

Crypto asset manager Valkyrie raises $10M in Series A round Read More »

Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs

<div class=”featured_image_container”> </div> <strong>The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital assets regulations. </strong> Hermitage Museum in Talks …

Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs Read More »

NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million

<div class=”featured_image_container”> </div> <strong>According to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point guard raised $1.3 million tokenizing his contract on the …

NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million Read More »

NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A

<div class=”featured_image_container”> </div> <b>The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs minted on the Mintable platform.</b> NFT Marketplace Mintable Raises …

NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A Read More »

Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion

<div class=”featured_image_container”> </div> <strong>The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion and it aims to expand its resources and deepen data to …

Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion Read More »