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“# Canadian Bitcoin platform Shakepay raises $35M in Series A funding ” It’s another shake-up for the finance industry as Montreal-based Bitcoin (BTC) startup Shakepay raised $35 million from investors. The fresh funding from the United States-based venture capital firm QED Investors values the company at $251 million. Founded in 2015, Shakepay allows Canadians to…
“# BlockFills raises $37 million to support global expansion ” BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round. Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its…
“# Secret Network offers $400M in funding to bring others in on the secret ” Secret Network is offering $400 million in funding to grow its privacy-oriented ecosystem and expand user adoption. Secret Network is a decentralized ecosystem that utilizes trusted execution environments to enable private, secure computation over encrypted data. The ecosystem has four…
“# Tom Brady’s NFT platform Autograph raises $170M to scale operations ” The nonfungible token marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round. In a Wednesday announcement, Autograph said Andreessen Horowitz, or a16z, and VC firm Kleiner Perkin co-led the $170-million Series B round…
“# a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st ” Web3 and social games publisher Carry1st has raised $20 million in Series A funding to further expand product development in Africa — a continent that could become the premier hub for the gaming industry over the next decade. The investment round was…
“# Crypto IRA iTrustCapital raises $125M, pushes valuation over $1B ” Cryptocurrency individual retirement account and 401(k) provider iTrustCapital said it had raised $125 million in a growth equity investment, making its valuation reach $1.3 billion. In a Wednesday announcement, iTrustCapital said it had completed a $125 million Series A growth equity investment led by…
“# Solana-based DeFi protocol Hubble raises $10M, prepares for mainnet launch ” The Solana (SOL) network is ready to see the mainnet launch for another decentralized finance (DeFi) protocol, aimed at Web3 development and backed by bigshots from the crypto industry. Hubble Protocol, a project aiming to develop a censorship-resistant crypto-backed stablecoin among other DeFi…
“# NFT-focused Animoca Brands valued at $5B following $358M raise ” Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022. The funding round was led by Liberty City Ventures…
“# 3 reasons why Harmony (ONE) rallied back to its all-time high this week ” Bitcoin price is still a ways from its $69,000 all-time high but this isn’t stopping altcoins from moving toward new highs. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.13 on Dec. 4, the…
“# 3 reasons why Near Protocol (NEAR) just hit a new all-time high ” The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the Ethereum (ETH) network. One L1…