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“# Polygon and AU21 Capital unveil $21M fund to support Polygon developers ” Polygon ecosystem is getting a major funding boost thanks to a new joint venture fund with blockchain venture capitalist AU21 Capital, setting the stage for wider adoption of the Ethereum-compatible infrastructure platform. The $21 million Polygon Ecosystem Fund announced Wednesday is designed…
“# VC firm Borderless Capital floats $25M blockchain fund in Miami ” Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami. In an announcement on Wednesday, the investment firm stated that the $25 million fund will focus on supporting blockchain…
“# BitMEX and Human Rights Foundation provide $150K grant to Bitcoin scaling researcher ” Popular crypto derivatives exchange BitMEX has announced a $150,000 grant for Calvin Kim — a Korean-based Bitcoin scaling researcher. The grant comprises the second instance in which BitMEX has backed Kim’s research, with the exchange donating $30,000 to Kim in August…
“# Coinbase leads $6M funding for Indonesian crypto exchange ” Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A funding round led by major global crypto investors including Pantera Capital, Coinbase…
“# $223M fund for Internet Computer builders — but community is wary ” Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific…
“# Delphi Digital forms $5 million NFT investment ‘syndicate’ ” Delphi Digital, a multi-service cryptocurrency investment, consulting, and research firm, has announced today the launch of “Delphi INFINFT,” a new investment wing focused on NFTs and the NFT ecosystem. Per a post of Twitter, the fund will invest upwards of $5 million into “NFT marketplaces,…
“# Blockchain sector drives female participation through funding and education ” While it’s encouraging to see that the number of female crypto investors is on the rise, women participation within the blockchain technology sector remains low. This was recently confirmed in a report from the World Economic Forum, which found that the COVID-19 pandemic has…
“# Bitrue floats $50M cryptocurrency investment fund ” Bitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups. According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging blockchain ecosystem. Of the $50-million…
“# Major Brazilian crypto asset manager secures $26M in funding ” Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in a new funding round from investors. According to Bloomberg on Wednesday, venture capital firm Valor Capital Group led the…
“# ConsenSys exec joins CoinFund to assist early-stage blockchain firms ” Vanessa Grellet, a five-year veteran of Ethereum software company ConsenSys, will be joining crypto investment group CoinFund as its new head of portfolio growth. In an announcement from CoinFund today, the investment group said Grellet would be responsible for guiding its portfolio of more…