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“# Axie Infinity developer secures $152M in Series B funding from investors ” Sky Mavis, the studio behind the popular Axie Infinity nonfungible token (NFT) game, has announced a fresh round of funding for the company. In a statement issued on Tuesday, Sky Mavis announced that it had closed a $152-million Series B funding round….
“# Former CFTC brass joins Andreessen Horowitz as an advisor ” Crypto regulation has become an increasingly relevant topic over the past several years. To address these legal ins and outs amid the ever-changing regulatory waters, VC firm Andreessen Horowitz has called upon a previous leader of the United States Commodity Futures Trading Commission’s, or…
“# a16z shines the spotlight on DAOs by leading Syndicate’s Series A ” California-based venture fund Andreessen Horowitz announced Tuesday that it is leading a Series A investment round for Syndicate, a decentralized platform with a lofty vision to democratize investing by allowing users to create decentralized autonomous organizations, or DAOs. Ali Yahya, one of…
“# Helium (HNT) gains 40% after $111M fundraise and 100K active nodes milestone ” Among the more than 11,000 listed cryptocurrencies exist a few projects that offer a revolutionary use case capable of improving the way society operates through the integration of blockchain technology. One such project is Helium (HNT), a decentralized peer-to-peer 5G wireless…
“# 5G blockchain company raises $111M in Andreessen-led token sale ” Helium Inc., a provider of decentralized wireless infrastructure, has concluded a $111 million token sale led by some of the biggest venture firms in the blockchain industry. The sale, which centered around Helium’s native token, HNT, was scooped up by several venture capital firms,…
“# OpenSea is the latest crypto unicorn after $100M funding round ” OpenSea has become the latest crypto unicorn after it announced a $100 million Series B funding round led by venture capital firm Andreessen Horowitz at a valuation of $1.5 billion. The unicorn status is attributed to firms that are valued at over $1…
“# Former BitGo employee will help deploy Andreessen Horowitz’s $2.2B crypto fund ” Major venture capital firm Andreessen Horowitz will be promoting a former employee of digital asset infrastructure provider BitGo to assist in running its $2.2 billion crypto fund. According to Andreessen Horowitz general partner Katie Haun, Arianna Simpson will be joining partners Chris…
“# Phantom raises $9M to launch multi-chain crypto wallet ” Cryptocurrency wallet provider Phantom has secured $9 million in Series A financing to launch a new multi-chain wallet designed to help decentralized finance (DeFi) users access decentralized applications (DApps) across multiple blockchains. The raise comes on the heels of a successful beta launch in April…
“# Blockchain analytics firm Nansen secures $12M in Andreessen Horowitz-led raise ” Several venture capital firms including Andreessen Horowitz have thrown their weight behind Nansen, an up-and-coming blockchain analytics platform for the DeFi sector. The $12 million Series A funding round included participation from Skyfall Ventures, Coinbase Ventures, imToken Ventures, QCP Capital and Mechanism Capital,…
“# Chainalysis raises $100M in Series E funding led by Coatue ” Blockchain analytics company Chainalysis has secured $100 million in Series E financing, bringing its total valuation to a staggering $4.2 billion and highlighting once again the tremendous growth of the cryptocurrency industry. The round was led by global investment manager Coatue, with additional…