# Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16

# Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16

“# Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16 ” Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook…

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# Sequoia Capital launches crypto fund worth up to 0M

# Sequoia Capital launches crypto fund worth up to $600M

“# Sequoia Capital launches crypto fund worth up to $600M ” American venture capital firm Sequoia Capital has launched a new cryptocurrency fund as part of its ongoing efforts to bootstrap the next generation of promising crypto-focused startups. Bloomberg reported Thursday that Sequoia is allocating up to $600 million towards the new sector-specific fund. Shaun…

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# Warren Buffett invests B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

# Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

“# Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks ” Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Monday, the industrials conglomerate…

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# VC Roundup: Animoca leads NFT3 raise, Arca launches NFT fund and Alexis Ohanian broadens crypto exposure

# VC Roundup: Animoca leads NFT3 raise, Arca launches NFT fund and Alexis Ohanian broadens crypto exposure

“# VC Roundup: Animoca leads NFT3 raise, Arca launches NFT fund and Alexis Ohanian broadens crypto exposure ” Venture capital funding in the cryptocurrency market is showing no signs of slowing, as major investors continue to back promising startups in niche industries spanning the metaverse, nonfungible tokens (NFTs) and GameFi.  Cointelegraph’s new series, VC Roundup,…

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# Polygon raises 0M in Sequoia-led funding round

# Polygon raises $450M in Sequoia-led funding round

“# Polygon raises $450M in Sequoia-led funding round ” Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to support the future of Web3 development.  The investment round was led by Sequoia Capital…

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# Privacy-focused applications platform Aleo raises 0M

# Privacy-focused applications platform Aleo raises $200M

“# Privacy-focused applications platform Aleo raises $200M ” Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its decentralized network. The Series B investment round was led…

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