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“# Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure ” Mysten Labs, the research and development firm founded by former engineers from social media giant Facebook, has announced the completion of a $36 million funding round towards its goal developing a Web 3.0 infrastructure platform. In a Monday announcement on Medium, the…
“# Crypto Biz: Wall Street veteran launches $1.5B crypto fund, MELD ISPO shines spotlight on Cardano, Dec. 2 ” Crypto converted another Wall Street veteran this week after former Citi executive Matt Zhang launched a $1.5 billion digital asset fund. A new funding mechanism allowing users to access early-stage crypto startups shined the spotlight on…
“# Crypto Biz: Wall Street veteran launches $1.5B crypto fund, MELD ISPO shines spotlight on Cardano, Dec. 2 ” Crypto converted another Wall Street veteran this week after former Citi executive Matt Zhang launched a $1.5 billion digital asset fund. A new funding mechanism allowing users to access early-stage crypto startups shined the spotlight on…
“# Maven 11 Capital raise $120M in secondary funding round ” Digital asset investment firm Maven 11 Capital has announced a $120 million funding round for its private investment establishment, Venture Fund II, in a move that will further expand its financial footprint across emerging sectors of decentralized finance (DeFi) and Web 3.0. The funding round…
“# Blockchain security firm CertiK approaches unicorn status following $80M raise ” Global blockchain security firm CertiK has concluded an $80 million investment round backed by some of crypto’s biggest venture funds, putting the company on track to reach the lofty $1 billion valuation mark in the foreseeable future. The Series B2 investment round was…
“# 1inch Network concludes $175M Series B led by Amber Group ” Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and increase access to liquidity within the decentralized finance, or DeFi, market. The investment round vastly exceeded…
“# Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status ” 2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region. The Series B fundraiser had…
“# Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner ” A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups, offering further evidence that smart money investors are pivoting to the emerging world of digital assets. On Monday, former…
“# Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner ” A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups, offering further evidence that smart money investors are pivoting to the emerging world of digital assets. On Monday, former…
“# Crypto startup MoonPay raises $555M to hit $3.4B valuation ” Cryptocurrency fintech startup MoonPay has closed its first-ever venture capital round, reaching $3.4 billion in post-money valuation. The firm officially announced Monday that it closed a $555 million Series A funding round led by prominent industry investors like American investment firm Tiger Global and…