funding round
Caitlin Long's Avanti Crypto Bank Raises $5 Million Funding Round, Inches Closer to Banking Charter Approval
Avanti Financial Group, the crypto-focused bank, led by the Caitlin Long University of Wyoming Alumna, has taken another important step towards becoming a chartered crypto bank in the country. Caitlin Long is the founder and CEO of Avanti bank. The crypto bank has raised an angel round worth $5 million from several popular investors in cryptocurrency. The University of Wyoming Foundation led the funding round with partnerships from Malex Enterprises, Lemniscap, Antony Pompliano, Morgan Creek Digital, Blockchain Capital, Madison Paige Ventures, Gary Gigot, Digital Currency Group, Susan B. Anthony, and many others.
Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania
Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.
Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.
Crypto Wallet and Data Giant Reported to Raise $50M Funding Round
According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.
Digital Health Funding on Track for Another Stellar Year
Despite simmering down after a sizzling first half, digital health funding remains near all-time highs, according to Rock Health. Startups in the space are reportedly on track to raise an estimated $7.3 billion this year, a billion short of 2018’s $8.3 billion but more than double that of 2017’s.
Unchained Capital Raises $60M in Bitcoin Funding
Financial services provider Unchained Capital has raised $60 million in a Series B funding round led by Valor Equity Partners. The company uses multi-signature technology to provide a more secure way to hold Bitcoin, allowing clients to share control of their funds between private keys they hold themselves and those held by Unchained or other financial services companies. The funding will be used to expand Unchained's reach and suite of services.
Nigerian Blockchain Firm Bitmama Closes $2 Million Pre-Seed Funding Round
Bitmama said the founding round will enable it to open up the continent to more investment and financial opportunities accessible to users.
Standard Chartered raises $36m for crypto custody platform
Standard Chartered's crypto custody subsidiary, Zodia Custody, has raised $36 million in a series A funding round led by SBI Holdings. Standard Chartered remains the majority shareholder in the firm.
Braavos Raises $10M to Build Easy-to-Use Wallets on StarkNet
StarkNet-based Web3 wallet, Braavos has tapped $10m in a new financing round
Blockchain Security Startup BlockSec Pulls $8m in Seed+ Funding Round
Blockchain security startup, BlockSec has announced it has completed a new seed plus funding round where it pulled the sum of $8 million from top investors.
Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products
Double Jump.Tokyo is targeting to partner with major game developers. The Japanese blockchain company has raised $24 million in a Series C funding round.
Thetanuts Finance Grabs $18M Funding Round to Democratize DeFi Structured Products
Thetanuts Finance raised the investment through the help of major investors. The decentralized finance firm plans to use the funds raised to make DeFi structured products accessible to all users, including retail investors.
Neo-Banking Crypto Startup Juno Raises $18M in Series A Funding Round
The India’s neobank is seeking to use the funds towards accelerating its growth and launching more products.
ConsenSys Hits $7 Billion Valuation in New Funding Round
ConsenSys has raised $450 million in a Series D funding round, giving the blockchain company a valuation of $7 billion.
Nested Raises a $7.5M Seed Funding, Expanding DeFi Social Trading Products & Network
Nested wants to use the funds raised to fuel its DeFi social trading platform’s product offering and network across the world.
API-Based NFT Startup Rarify Raises $10M Funding Round, Led by Pantera Capital
Rarify, an application programming interface (API) platform, announced that it raised $10 million in a Series A funding round led by crypto investment firm Pantera Capital.
Coherent Secures $4.5M in Seed Round For API Products
Blockchain data startup owned by a former platform engineer at Coinbase, Coherent announced on Thursday that it has secured $4.5 million in a seed round
Roofstock Raises $240m in Series E Financing , Expand Access to Real Estate Investing
Roofstock has facilitated over $5 billion in transaction volume, more than half of that came from last year alone.
New York Crypto Accounting Startup Tactic Raises $2.6 Million Funding
Tactic offers solutions for businesses’ crypto and DeFi accounting needs, helping themselves successfully to raise $2.6 million in a funding round.
Tritum Raises $1.1m Funding Round to Accelerate Institutional Digital Assets Adoption
Tritum disclosed the new funds would be used to continue accelerating the expansion of the throughput and size of each of its existing operating businesses.
DeFi Platform Forward Raises $5M in Seed Funding
Some of Thailand's largest banks, KasikornBank and Bank of Ayudhya have supported Decentralized Finance (DeFi) platform Forward with $5 million in seed capital through their venture capital platforms
Zignaly Secures $50 Million Funding to Fuel Global Expansion
Zignaly social investment platform provides a variety of products and services that aim to make cryptocurrency investment accessible to retail investors.
Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin
Japan SoftBank recently invested $200 million into the Mercado Bitcoin crypto exchange in Brazil, which is considered the largest raised through a Series B funding round in Latin America’s history.
Japanese Challenger Bank Kyash Raises $41m from Jack Dorsey’s Block and Others
Kyash will use the fresh financing to employ more staff and seek further collaborations.
ConsenSys Completes $200M Funding Round at $3.2B Valuation
ConsenSys, the blockchain startup behind the Metamask wallet has raised $200 million in new funding round, pushing its valuation up to $3.2 billion.
Rusk Media Raises $9.5m for Blockchain-Based UGC Gaming
Indian-based digital entertainment startup Rusk Media has pulled the sum of $9.5 million in a Series A extension funding round for developing UGC-based blockchain gaming platform.
Unizen Secures $200m 'Capital Commitment' to Scale Up Trading Ecosystem
Centralized decentralized exchange Unizen has secured $200 million and plans to use the latest funding to build an infrastructure that would enable it to interconnect with other exchanges efficiently.
Digital Assets Outfit Archax Raises $28M in Series A Funding Round
FCA-approved Archax Exchanges raises $28M in Series A
Bitcoin Mining Firm Blockmetrix Bags $43 Million Fundraising
The latest financing adds on top of the previous series A funding round that Blockmetrix raised in June last year.
DeFiance Capital Seeking $100M in Funding to Invest in Liquid Tokens
Crypto Venture Capital firm, DeFiance Capital is in the process of raising as much as $100 million as it looks to invest in “Liquid Tokens.”
Animoca Brands Confirms New $110m Funding Round
Blockchain gaming and investment company, Animoca Brands has raised new capital worth $110 million from the issuance of convertible notes.
CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation
CoinList announced that it raised $100 million in a Series A round of financing, which brings its valuation to $1.5 billion.
Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia
US Banking Giant, Wells Fargo is investing in blockchain startup focusing on forensics, Elliptic. Wells Fargo Strategic Capital (WFSC), the venture capital arm of the bank, has decided to inject $5 million into Elliptic’s Series B funding round.
India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base
CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.
Fintech Startup Stripe Reaches $35 Billion Valuation
According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion
NASA is Funding a Blockchain Solution for Space Communication
The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication
Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?
As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.
Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized
Cardano founder Charles Hoskinson recently explained in a video update regarding the accountability of the funding from Voltaire, its governance era.
New Blockchain Patent Presented by US Postal Service as Trump Denies Funding for Mail-In Votes
In light of the 2020 US presidential elections, Trump admitted to denying funding to the United States Postal Service (USPS), despite the mailing service’s proposal on Thursday of a new patent for a blockchain-powered voting system, which would make ballot casting more secure.