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“# 3 reasons why Harmony (ONE) rallied to a new all-time high ” Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that reward and incentive programs are one of the best ways to attract new users and protocols to a project. …
“# Ethereum competitor Near launches $800M developer fund as DeFi competition heats up ” Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is still in its infancy. The new funding, which includes the…
“# NFT studio Mojito completes $20M seed round with help from Sotheby’s ” NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future Perfect Ventures, Creative…
“# Crypto platform Rally commits $12M to third-party developers ” Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the…
“# Crypto-to-fiat liquidity startup Xanpool raises $27M ” Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included…
“# NFT company Candy Digital valued at $1.5B following $100M Series A ” Nonfungible token company Candy Digital has secured $100 million in funding to expand its product footprint and creative capabilities, marking another major milestone for the rapidly growing NFT market. The funding will be used to expand Candy Digital’s NFT product offerings across…
“# ‘Free coin to everyone’ project aims to make 1B crypto owners in 2 years ” Funded by crypto heavyweights, new crypto unicorn Worldcoin revealed its plan to let everyone claim free coins to accelerate global crypto adoption. Providing the global population with free cryptocurrency sounds like a moonshot project, but $25 million in backing…
“# FTX crypto exchange raises $420M from 69 investors ” FTX, one of the largest cryptocurrency exchanges in the world, has raised $420 million in fresh funding, bringing its total valuation to $25 billion. The firm officially announced Thursday that FTX’s operator, FTX Trading, has completed a new Series B-1 fundraise involving 69 investors, including Ontario…
“# Animoca Brands doubles valuation to $2.2B with new $65M funding round ” NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming…
“# Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games ” Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence, and blockchain-based…