CRYPTOCURRENCY
Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M
Crypto venture firm Hack VC has closed a $150 million maiden fund, bringing total assets under management to $425 million. Hack VC is a long-time web3 investor, having backed over 100 projects since 2014. The firm remains firmly bullish on web3's future potential and will deploy its new capital to seed critical infrastructure startups.
Japanese Startups Can Now Raise Funds Using Cryptocurrencies
Japan's government has relaxed regulations allowing startups to raise capital through cryptocurrencies, aiming to diversify funding methods and catch up with international standards in digital asset handling. This move is particularly targeted at Limited Partnership for Investment funds, fostering innovation in the tech sector.
Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease
The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.
Metacade raises over $14.7M as presale set to close in 72 hours
Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.
Metacade Presale Hits Final Stage Before Listings, Raising Over $500k in under 24 hours
Metacade, fast becoming the most exciting GameFi project in 2023, has reached the final stage of its token presale after raising more than $500k in 24 hours, reaching a total raise of $12.4m.
Metacade's Community-Driven GameFi Platform Raises Over $10M in Presale
Play-to-earn favorite Metacade continues to draw investor attention after raising more than $10m, as it now enters the penultimate stage of the presale. With confirmed listings on Bitmart and Uniswap due after the presale ends on the 30th of March, there are only 16 days left before the token goes public.
Metacade's Community-Driven GameFi Platform Raises Over $10M in Presale
Play-to-earn favorite Metacade continues to draw investor attention after raising more than $10m, as it now enters the penultimate stage of the presale. With confirmed listings on Bitmart and Uniswap due after the presale ends on the 30th of March, there are only 16 days left before the token goes public.
3AC, Coinflex Founders Raise $25M For Claims Trading Exchange
The creators of bankrupt crypto hedge firm 3AC are raising funds for a new cryptocurrency exchange. Their pitch deck seeks $25 million. Presentations call the new exchange GTX. On June 27, 3AC went bankrupt, and Su and Davies disappeared.
Thoma Bravo Contributes $70m for Blockchain Intelligence Firm TRM Labs
Private equity firm Thoma Bravo has contributed $70 million in funding to Blockchain-based intelligence company TRM Labs’s series B funding round, totalling the amount raised to $130 million.
Mara Raises $23 Million from Coinbase, Alameda to Drive Crypto across Africa
The new funding will enable Mara to expand the reach of its cryptocurrency platform across the continent.