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“# Digital asset exchange Blocktrade concludes $25M investment round ” Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series…
“# Indonesian crypto exchange Pintu raises $35M in Series A ” Pintu, Indonesia’s first mobile native cryptocurrency wallet and trading platform, has raised $35 million from some of blockchain’s biggest venture funds — putting the company on track to expand its team and product offerings in the near future. The Series A was led by…
“# What bear market? Investors throw record cash behind blockchain firms in 2021 ” Despite the recent slight recovery of the cryptocurrency market, there is no denying the fact that the crypto industry has been faced with a great deal of volatility over the last few months, made evident by the total market capitalization of…
“# Crypto analytics firm Messari concludes $21M Series A led by Point72 Ventures ” Cryptocurrency market intelligence provider Messari has concluded a $21 million fundraise that was supported by some of the biggest venture firms in blockchain, once again highlighting growing investor appetite for budding crypto startups. The new funding will aid Messari in expanding…
“# Coinbase Ventures backs Ethereum-based streaming network ” This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the limelight is Livepeer, an Ethereum-based video streaming network that announced raising $20 million in a Series B funding. Led by Digital Currency Group, the funding for Livepeer saw participation from…
“# Large VCs are sidelining smaller crypto investors, PwC crypto lead says ” As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a higher market valuation of crypto businesses due to increased funding from…
“# COIN price fails to impress as more crypto firms are eager to go public ” 2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However,…
“# Multiverse secures $15M investment from Samsung Next, leading blockchain VCs ” Multiverse, a decentralized artificial intelligence ecosystem that funds early-stage tech companies, has secured $15 million in investments from some of blockchain’s biggest venture funds. Samsung Next, a developer ecosystem focused on AI, blockchain and fintech, was among the investors, along with Arrington XRP…
“# Bitcoin rewards app Lolli closes $10M investment round ” Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience. On Wednesday, the company announced it had closed a $10 million Series A funding round led by Acrew…
“# Multi-chain infrastructure network Biconomy concludes $9M investment round ” Biconomy, a multi-chain infrastructure network for decentralized applications, has concluded a $9 million private funding round that was co-led by venture firms DACM and Mechanism Capital. Ahmed Al-Balaghi, CEO of Biconomy, said his protocol has been designed to address some of the biggest challenges with…