5 / 7 Relevant items tagged with #Funding

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Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures

[Jun 6, 2023 11:30 PM] Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures…

BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals

[May 28, 2023 4:00 PM] The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks…

Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says

[May 26, 2023 6:00 PM] The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will…

Cronos Labs launches second cohort of $100M Web3 accelerator

[May 26, 2023 3:55 PM] On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.

Sam Altman’s Worldcoin secures $115M for decentralized ID

[May 25, 2023 9:42 AM] Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round.

Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’

[May 23, 2023 2:30 PM] The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.

Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest

[May 21, 2023 9:16 AM] Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.

How crypto funds shape the development of the digital asset market

[May 20, 2023 8:01 AM] A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market.

Bank of Russia Expects Significant Growth in Digital Assets Market

[May 20, 2023 4:30 AM] The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for…

Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers

[May 19, 2023 4:00 PM] Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged…

Red Beard Ventures Closes $25M Funding Round With Animoca Brands, Others

[May 16, 2023 7:00 AM] The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.

Polygon Co-Founder Launches Web3 Fellowship Program

[May 15, 2023 9:31 AM] Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year.

How are Bitcoin options traders positioning for the US banking crisis?

[May 4, 2023 7:51 AM] The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don't expect any major price corrections.

Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption

[Apr 27, 2023 9:00 AM] Fortnite co-creator Geremy Mustard took part as a strategic investor in the round.

Banks bullish on crypto: Standard Chartered’s Zodia raises $36M

[Apr 27, 2023 5:45 AM] After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder.

Cata Labs Raises $4.2M to Develop 'Bridging' Software

[Apr 26, 2023 10:00 AM] The round was led by Spartan Group and included participation from Robot Ventures, Maven11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.

DeFi Protocol iZUMi Finance Raises $22M

[Apr 26, 2023 5:39 AM] The fundraise involved issuing semi-fungible tokens (SFTs) to investors.

DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto

[Apr 25, 2023 7:07 AM] Decentralized Finance protocol DFlow would bring a controversial practice in the equities market into the world of decentralized finance.

Alchemy’s Venture Arm Wants to Align With 'Web3 Missionaries, Not Mercenaries’

[Apr 25, 2023 6:59 AM] The investment arm of the Web3 infrastructure giant, last valued at $10 billion, continues to find new ways to back early-stage founders.

DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships

[Apr 24, 2023 7:00 AM] The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.

Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding

[Apr 20, 2023 11:00 AM] The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program.

Unchained raises $60M to offer collaborative custody Bitcoin services

[Apr 18, 2023 9:00 AM] Texas-based Unchained Capital hopes to undermine single points of failure and mitigate counterparty risk with its substantial $60 million raise, led by Valor Equity Partners.

African blockchain ventures outpace global funding growth: Report

[Apr 18, 2023 7:52 AM] Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.

Aleph Zero launches $50M ecosystem funding program

[Apr 18, 2023 6:00 AM] The Funding Program for the ecosystem involves grants, incubation, and acceleration for all phases of product development, with approved applicants receiving up to $500,000 per project.

IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’

[Apr 17, 2023 8:40 PM] Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are…

AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets

[Apr 11, 2023 5:30 AM] A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that…

Modular Blockchain Astria Raises $5.5M for Shared Sequencer Network

[Apr 4, 2023 10:35 AM] Astria's aim is to enable anyone to deploy their own censorship resistant rollup without having to rely on a centralized sequencer.

Delphi Labs Raises $13.5M for Web3 Accelerator

[Apr 4, 2023 8:24 AM] P2P led and Jump Crypto joined the incubator’s first external funding round.

Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions 

[Mar 30, 2023 11:30 PM] The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware…

SEC's Gensler seeks $2.4B in funding to chase down crypto 'misconduct'

[Mar 29, 2023 10:25 PM] SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”