Funding – Page 10 – Ƀitsell X

Celo ecosystem projects raise $77.3M in support of interoperability, ReFi

October 27, 2022

The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding. Projects building on the Celo blockchain have collectively raised $77.3 million in support of various business initiatives, underscoring the growing adoption of the payments-focused developer network. Celo announced on Oct. 27 that projects impactMarket, Loam, Tatum, Circular…
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VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals

October 23, 2022

WWVentures, Shardeum, Myna Swap, Antic, Juno, Zerion and thirdweb attract venture capital interest in latest funding blitz. Web3 dominance within crypto funding rounds has been well documented by Cointelegraph Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s…
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Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

October 18, 2022

The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations. Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand operations at a time when demand…
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Crypto Biz: $43T bank enters crypto — Probably nothing, right?

October 15, 2022

Another major financial institution has signaled its intent to offer Bitcoin and Ether services to its clients. As crypto traders debate whether Bitcoin (BTC) is going to $25,000 or $15,000 first, the world’s largest financial institutions are laying the groundwork for mass adoption. The proverbial floodgates are unlikely to open before the United States provides…
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Skyweaver’s parent company secures $40M in Series A funding

October 5, 2022

The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors. Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by Brevan Howard Digital and Morgan Creek…
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M31 Capital launches $100M Web3 investment fund with $50M in commitments so far

October 4, 2022

The investment fund, which was founded by an early Bitcoin investor, said the current market cycle is the first time in a decade where prices and fundamentals have diverged so wildly. Crypto-focused investment firm M31 Capital has launched a new investment fund dedicated to Web3 companies, further underscoring the industry’s shift toward decentralized internet projects. …
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A16z leads $40M raise for decentralized knowledge protocol

October 3, 2022

Golden, which has now raised roughly $60 million in cumulative funding, also welcomed a16z general partner Ali Yahya to its board. Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates…
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DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

September 30, 2022

Uniswap had been previously in talks with NFT lending protocols, planning to tackle liquidity issues and the “information asymmetry” around NFTs. Major decentralized exchange (DEX) Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report. Uniswap Labs, a DeFi startup contributing…
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Solana tech developer Coral raises $20M, plans to launch ‘xNFT’ protocol

September 28, 2022

Coral is the creator of the Anchor development framework, which provides boilerplate smart contract tools and other resources for Solana devs. Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for the launch of its new interactive wallet later this month. The…
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Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike

September 22, 2022

Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm. Cryptocurrencies have been in a bear trend since mid-August after they failed to break above the $1.2 trillion market capitalization resistance. Even with the current bear trend and a brutal 25%…
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Category: Funding