# Avalanche Foundation raise 0M to support DeFi ecosystem

# Avalanche Foundation raise $230M to support DeFi ecosystem

“# Avalanche Foundation raise $230M to support DeFi ecosystem ” The Avalanche Foundation has announced an significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications utilizing the blockchain. Since launching in September 2020,…

Read More
# Amex Ventures backs M Abra raise

# Amex Ventures backs $55M Abra raise

“# Amex Ventures backs $55M Abra raise ” Cryptocurrency trading platform Abra has raised $55 million in funding to bootstrap the next phase of its growth strategy, bringing several high-profile investors on board from both inside and outside the blockchain industry.  Abra will use funds from the Series C investment to grow its product offerings…

Read More
# Derivatives exchange dTrade raises .8M for market makers

# Derivatives exchange dTrade raises $22.8M for market makers

“# Derivatives exchange dTrade raises $22.8M for market makers ” Decentralized exchange dTrade has raised $22.8 million for a market-making fund designed to provide the ecosystem with higher liquidity, potentially setting the stage for wider DeFi adoption on Polkadot once the DEX launches later this year.  The funds will enable dTrade to launch with “deep…

Read More
# NFT company Recur reaches 3M valuation following Steve Cohen-backed fundraiser

# NFT company Recur reaches $333M valuation following Steve Cohen-backed fundraiser

“# NFT company Recur reaches $333M valuation following Steve Cohen-backed fundraiser ” NFT company Recur has seen its valuation swell to $333 million after concluding a successful investment round endorsed by billionaire Steve Cohen’s family office.  The Series A raised $50 million, mainly through contributions from the Cohen-backed investment platform Digital, according to a statement….

Read More
# Stanford researcher-led Pledge raises M for decentralized lending protocol

# Stanford researcher-led Pledge raises $3M for decentralized lending protocol

“# Stanford researcher-led Pledge raises $3M for decentralized lending protocol ” Decentralized lending protocol Pledge has secured $3 million in investments for its cross-chain ecosystem focused on long-term financing, highlighting the continued innovation in the DeFi sector.  The investment round was led by DHVC, a Palo Alto-based venture capital firm, with additional participation from U.C….

Read More
# Multicoin Capital leads Eden Network’s .4M seed raise

# Multicoin Capital leads Eden Network’s $17.4M seed raise

“# Multicoin Capital leads Eden Network’s $17.4M seed raise ” Ethereum transaction protocol Eden Network has raised $17.4 million in seed funding from some of blockchain’s biggest venture funds, underscoring the need to address ongoing challenges facing the block production economy.  The funds will be used to support the adoption of Eden Network among developers,…

Read More
# SubQuery raises M for Polkadot data protocol

# SubQuery raises $9M for Polkadot data protocol

“# SubQuery raises $9M for Polkadot data protocol ” Decentralized data aggregator SubQuery has concluded a $9 million funding round to build Polkadot’s first data aggregation layer, a move that could strengthen data indexing for the emerging interoperability network. The investment funds will be used to continue building SubQuery’s data indexing infrastructure for all Polkadot…

Read More