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“# Utility-focused NFTs: the future of blockchain art? ” Transitioning from static digital collectibles to tokens with real utility will lead to a new generation of NFTs according to Tytan Inc the COO of NFTY labs, a platform focused on building products for the NFT space. In a recent interview with Cointelegraph, he said that…
“# Blockchain analytics firm Nansen secures $12M in Andreessen Horowitz-led raise ” Several venture capital firms including Andreessen Horowitz have thrown their weight behind Nansen, an up-and-coming blockchain analytics platform for the DeFi sector. The $12 million Series A funding round included participation from Skyfall Ventures, Coinbase Ventures, imToken Ventures, QCP Capital and Mechanism Capital,…
“# Andreessen Horowitz launches biggest-ever crypto venture fund at $2.2B ” Andreessen Horowitz is launching a new crypto-focused fund dedicated to expanding the size and marketability of blockchain projects, offering further evidence that venture funds believe in the staying power of digital assets. Crypto Fund III, a $2.2-billion venture fund co-led by Andreessen Horowitz general…
“# Blockchain Capital secures $300M funding from PayPal, Visa ” PayPal and Visa are among several major investors to have participated in a $300 million funding for Blockchain Capital. In a release issued on Tuesday, Blockchain Capital announced that the close of its Blockchain Capital V LP. According to the release, Fund V, capped at…
“# Coinbase-backed Securitize secures $48M in Series B funding ” Morgan Stanley has made its first capital investment foray into the blockchain space, co-leading a $48 million funding for Securitize. According to a release issued on Monday, the Coinbase-backed asset tokenization outfit has completed a Series B funding round that drew participation from Morgan Stanley…
“#OnlyFans seeks $1B valuation as it aims to pivot from porn: report” OnlyFans is reportedly looking to raise new funding in a deal that values the company at more than $1 billion — and says it wants to shed its reputation as a platform for porn. The London-based company, which is currently mostly used by…
“# China-based Rangers Protocol raises $63M via private equity round ” The newly rebranded Rangers Protocol has raised $63 million via private equity to expand its high-performance blockchain protocol, potentially signaling that Chinese blockchain enterprise is on the rise despite a blanket ban on cryptocurrency trading in the country. The Shanghai-based Rangers Protocol describes itself…
“# Stake Technologies secures $10M to build dapp ecosystem for Polkadot and Kusama ” Stake Technologies Inc., an infrastructure provider for decentralized applications and Web 3.0 protocols, has raised $10 million in strategic investments to help build out the Polkadot and Kusama ecosystems through its wholly-owned Plasm and Shiden networks. The funds will be immediately…
“# Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise ” Cryptocurrency asset managers Pantera Capital and Arrington XRP Capital have co-led a $5.8 million private investment round for Unbound Finance, an up-and-coming DeFi treasury protocol for pooled tokens. The funds will be used to further develop Unbound Finance’s cross-chain stablecoin platform, including…
“# Solana Labs raises $314M via private token sale as ecosystem support expands ” Cryptocurrency venture capital funds have poured hundreds of millions of dollars into Solana Labs to support further development and execution of decentralized applications and platforms building on Solana. Solana Labs, the blockchain development studio devoted to incubating Solana projects, announced Wednesday…