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” Uniswap launches venture capital wing for Web3 investments “ Popular decentralized exchange (DEX) Uniswap has announced the formation of Uniswap Labs Ventures (ULV), a venture capital fund focused on investing in Web3 companies and projects. The firm will invest at any stage of development into various projects or technologies related to Web3, infrastructure, developer…
” Venture capital year in review 2021: Cointelegraph Research Terminal “ 2021 was an interesting year in the crypto world. Bitcoin (BTC) hit all-time highs in several different metrics including adoption, media coverage and price action. It has been exciting to see all of the coverage and attention being paid to everything crypto including interest…
” Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30% “ The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that will offer the greatest return. The Boba…
” Ethereum L2 Boba Network valued at $1.5B following Series A “ Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions. The funding round had participation from several crypto-focused venture funds including Infinite Capital, Hypersphere, 10X…
” ‘Our democracy will better evolve because of DAOs,’ says Animoca’s Yat Siu “ The rise of Web3 has paved the way for new business models that could shape the next phase of the internet. For instance, nonfungible tokens (NFTs) will play a large part in the open metaverse as the underlying assets people interact…
” Crypto venture capital firms see surging assets under management “ Venture capital (VC) firms focused on Web3 projects and crypto businesses are accumulating billions of dollars worth of assets under management as more capital is injected into the sector. The assets under management figure for Web3 and crypto investment firm Paradigm has recently been…
” Blockchain.com’s value rockets to $14B after new funding round: Reports “ Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion. According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford & Co., an investment management firm renowned…
” Crypto Biz: Do you believe in Ethereum killers? Put your money where your mouth is, March 18–24 “ While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing adoption…
” Bottomed out? MINA rises 75% nine days after hitting its worst level to date “ MINA, a utility token backed by a “lightweight” smart contracts platform of the same name, continued its upside move nine days after rebounding from $1.58, its lowest level to date. The coin rallied by about 75% to reach $2.75 as…
” Former Polychain GP unveils $125M crypto fund with DAO governance ambitions “ Former Polychain Capital general partner Tekin Salimi has launched a new blockchain-focused investment fund that will eventually be converted into a founder-owned decentralized autonomous organization (DAO), offering a novel way for startup leaders to be rewarded for their contributions. The $125 million…