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funding News
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Latest funding News
News
The final week of November 2024 has seen a shift toward DeFi and financial services in the crypto funding scene, with World Liberty Financial securing a $30 million investment. The week has enjoyed cumulative investments exceeding $90 million. This is…
News
OpenAI employees will be allowed to cash out their company’s share worth $1.5 billion regarding the investment agreement with SoftBank. SoftBank, a Japanese-based multinational investment company, is financing the world’s prominent artificial intelligence (AI) enterprise OpenAI with $1.5 billion. This…
News
Gambling and artificial intelligence (AI) solutions took center stage in crypto funding, with both Monkey Tilt and Canaan Creative securing $30 million each in the third week of November. Total investments surpassed $125 million across various sectors. This is slightly…
BTC
Bitcoin
News
SuiHub launches its Global Accelerator Program, dedicated to supporting pre-token projects with Sui Solution technical support and funding of up to $200,000 per team. Run in partnership with Brinc, CoinList and Ghaf Group, SuiHub’s accelerator program will run for 12…
SUI
Sui
News
Total crypto venture capital (VC) funding almost tripled last week to hit $120 million, with 0G Labs leading with its $40 million seed raise. Compared to the previous week, the last seven days saw a considerable surge in both the…
ETH
Ethereum
News
Total crypto venture capital (VC) funding investments exceeded $40 million last week, with decentralized data infrastructure platform VLayer securing $10 million. That’s a large drop in volume and value compared to the previous week. Crypto.news perused the latest data to…
News
Binance Labs, the venture capital arm of Binance, has announced its investment in BIO Protocol, a platform designed to help early-stage scientific research startups access decentralized funding opportunities. The investment sees Binance, powered by the native token BNB (BNB), make…
News
Crypto custodian, Zodia Custody, aims to raise $50 million from investors to fuel its plans to branch out into new regions and expand its product range. According to a Bloomberg report on Nov. 4, Standard Chartered’s crypto custodian subsidiary Zodia…
News
This week, crypto exchange Kraken stole the show with its $42.5 million grant raise from Optimism. Kraken has disclosed its latest decision to launch Ink, a layer-2 on the Optimism (OP) blockchain. As a part of the deal, Optimism has…
OP
Optimism
News
Bridge, a stablecoin startup founded not even three years ago, announced a deal this week that would cause most crypto entrepreneurs to salivate. Stripe, the San Francisco-based payment processing company, agreed to buy Bridge for $1.1 billion. The transaction likely…
Opinion
Blockchain is the necessary evolution that brings accountability, something sorely lacking in traditional crowdsourcing platforms
News
Praxis and Blockstream grabbed headlines this week, each with six-figure fundraising rounds, per the latest data. Crypto VC funding has seen a noticeable spike over the last seven days compared to last week, when Ithaca led the pack with a…
BTC
Bitcoin
News
Hermetica, the company behind the Bitcoin-backed stablecoin USDh, has raised $1.7 million in seed funding. The funding will support the growth of USDh, a stablecoin designed to be backed by Bitcoin (BTC). A stablecoin is a type of cryptocurrency that…
BTC
Bitcoin
News
Praxis, a self-described “internet-native alliance”, has received a $525 million funding pledge to build a new city which promises a crypto-centered economy and fewer regulations for tech leaders. In an Oct. 16 blog post, Praxis announced it has received $525…
News
Ripple led a $25 million funding round for Bitnomial, a digital assets derivatives exchange and brokerage platform based and regulated in the United States. Bitnomial announced on Oct. 15 that Ripple, the company behind XRP (XRP), led the funding round.…
XRP
XRP
News
Blockstream has closed a $210 million convertible note funding round led by Fulgur Ventures. According to the Bitcoin (BTC) infrastructure firm, the funding will help accelerate the company’s layer-2 products. Blockstream said in a press release that it also plans…
BTC
Bitcoin
Recap
