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“# PayPal, Salesforce contribute to TRM Labs’ $14M investment round ” Blockchain intelligence platform TRM Labs has secured $14 million in Series A funding from venture funds across the crypto and technology sectors, sending a strong signal that major investors are backing digital-asset projects with ever-growing conviction. The venture capital arms of PayPal and Salesforce…
“# Yield Guild Games doubles down on play-to-earn model with $4M funding round ” Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be…
“#Alphabet’s self-driving unit Waymo raises $2.5B in funding” Alphabet’s self-driving unit Waymo said on Wednesday it raised $2.5 billion in its fresh funding round in a year after a string of defections of executives rekindled concerns about the technology struggling to scale up. The funding led by Alphabet and other existing shareholders is the second outside funding…
“# Bitwise secures $70M in Series B funding from major Wall Street investors ” Bitwise, a four-year-old crypto asset management firm has closed a Series B funding round, raising $70 million in fresh capital from investors. According to a report by CNBC on Tuesday major Wall Street figures like billionaire investor and Bitcoin (BTC) proponent…
“# New DAO launches after $230M funding round including Peter Thiel, Alan Howard ” BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel. BitDAO announced its DAO launch on Tuesday in conjunction with completing a private sale from initial partners led by Thiel,…
“# DeFi exchange dYdX raises $65M in Series C fundraiser ” Venture firms from across the blockchain industry have thrown their weight behind decentralized exchange developer dYdX, offering further evidence that investors are eyeing a further expansion of the decentralized finance (DeFi) ecosystem. The Series C round generated $65 million in direct funding for dYdX,…
“# Hedge fund manager Alan Howard invests in two crypto startups ” Billionaire hedge fund manager Alan Howard continues backing the cryptocurrency industry with fresh investment in two digital asset startups. The co-founder of major asset manager Brevan Howard led a $25 million extension fund raise for London-based crypto services firm Copper.co. The company announced…
“# Polygon committing $10M to reach 1M users using 0x API ” The network onboarding a large number of decentralized applications aims to hit one million users through 0x’s decentralized exchange liquidity aggregator API. In an announcement today, Polygon said its project would be committing $10.5 million towards securing decentralized finance infrastructure on its network…
“# Goldman Sachs backs $28M funding round for Blockdaemon ” Goldman Sachs has backed a $28 million Series A funding round for blockchain infrastructure firm Blockdaemon. The funding was led by Greenspring Associates and included participation from crypto lending firm BlockFi, and crypto-asset broker Voyager Digital Ltd, along with a $5 million investment from Goldman…
“# BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator ” Impossible Finance, a Defi protocol built on Binance Smart Chain, has completed a $7 million seed funding round backed by over 125 institutional and angel investors — with the funds going towards the development of a multi chain DeFi incubator. The seed round was…