The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship. A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups, offering further evidence that smart money investors are pivoting to the emerging…
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Venture capital has allocated over $17 billion to crypto projects this year. Anoma’s bartering system offers a fresh take on blockchain development. Private bartering blockchain Anoma Network has raised $26 million (24 million Swiss francs) from some of crypto’s biggest venture funds as it seeks to reimagine the age-old practice of exchanging goods without using…
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The funds are earmarked for DeFi, NFT, tokenization and metaverse projects that are building on the Oasis Network. Developer group Oasis Foundation has launched a $160 million ecosystem fund to bootstrap promising projects building on top of Oasis Network, a privacy-enabled blockchain with a focus on decentralized finance (DeFi) and the so-called data economy. The…
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Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund for Crypto Industry Investment firm Paradigm announced Monday the launch…
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Venture capital funds are eyeing Web 3.0-powered social networks as the next major growth vector in crypto and blockchain. Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web 3.0 and social projects, potentially setting the stage for the next wave of budding crypto startups. Ohanian…
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Venture capital continues to flood the cryptocurrency market, with Neon Labs securing a considerable fundraise via its NEON token sale. Decentralized finance development firm Neon Labs has concluded a $40-million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on the Solana blockchain, underscoring heightened investor demand for scalability and…
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The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers. Some of blockchain’s biggest venture firms have spearheaded a new investment fund dedicated to Web 3 gaming, also known as GameFi, potentially opening the door to a highly lucrative industry that sees cryptocurrency and blockchain merging with the traditional gaming…
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Projects like Axie Infinity and Decentraland have shined the spotlight on GameFi, a new trend that refers to the financialization of gaming. Blockchain-focused investment firm Sanctor Capital has raised $20 million to fund emerging projects in the cryptocurrency space, offering the latest evidence that venture capital continues to flood the market. The investment fund will…
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The new studio, SuperLayer, aims to commercialize Web 3 products. It has already received commitments from notable investors, including Marc Andreessen. Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet. On Friday,…
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The digital collectibles company was co-founded by entrepreneurs Michael Rubin, Mike Novogratz and Gary Vaynerchuk. Nonfungible token company Candy Digital has secured $100 million in funding to expand its product footprint and creative capabilities, marking another major milestone for the rapidly growing NFT market. The funding will be used to expand Candy Digital’s NFT product…
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