funding News

Worldcoin, an ambitious crypto project co-founded by OpenAI CEO Sam Altman, has received a significant financial boost with the latest funding round. On May 25, the technology company behind Worldcoin, Tools for Humanity, announced an influx of $115 million in…

Taboo, an entertainment platform that prioritizes user privacy and is censorship-resistant, has raised $10m at a $250m valuation

Binance has announced the launch of ‘Build The Block,’ a crypto-themed entrepreneurial reality show in the metaverse. In it, web3 businesses will showcase their solutions, and the best projects will receive funding from Binance Labs. Binance, the world’s leading crypto…

Standard Chartered Bank’s crypto custody arm Zodia Custody Ltd., has closed a $36 million funding round led by SBI Holdings. The funding will enable Zodia to expand its geographical presence and add support for more crypto assets, including staked ether…

The recent collapse of FTX has increased interest in Ledger's secure storage solutions and has led to recent funding success.

The Turkish crypto sector has stayed afloat despite the country’s debilitating economic situation and a bleak bear market that crushed the global digital asset industry for most of last year. The negative economic trend has not stopped some crypto firms…

Major payments processing company Stripe has received a new injection of funds that brings the company’s valuation to $50 billion, nearly half of the valuation recorded in 2021.  In a press release on March 15, 2023, Stripe announced that the…

CNHC Group, the CNHC stablecoin issuer, has raised $10 million in Series A+ funding. KuCoin Ventures, a crypto investment firm, let the round.

A token sale conducted by DWF Labs, which trades and invests in digital assets, netted $10 million for Conflux. Thanks to the funding, its technology will advance while increasing its user base. According to DWF Labs, the investment will aid Conflux…

Crypto had a difficult 2022 in general, but the startling string of major failures, including Three Arrows Capital (3AC), Voyager, Celsius, FTX, and BlockFi, did not slow down venture capital (VC) activity, as evidenced by data from blockchain fundraising tracker…

Venture Capital (VC) and other investments plunged 91% year-on-year but improved 48% month-to-month. In the crypto market, the largest funding share in January was from infrastructure projects, accounting for around 30%. Messari statistics show that there were 74 public investment…

Pow.re, a Montreal-based bitcoin (BTC) mining company, has secured $9.2 million in its Series A funding round led by Haru Invest, with participation from other investors. Bitcoin mining revenue has surged by 50% this year. Pow.re to expand BTC mining…

Forum3, a digital collectibles firm and facilitator of the Starbucks web3 loyalty program, has raised $10 million in seed funding to upscale its operations.

CoinList has announced the names of the 5 projects that would be a part of the Fall 2022 CoinList Seed.

Several projects recently closed successful funding rounds, including Blowfish, Biquerym Tactic, and Minteo. Meanwhile, DeFiance Capital and Uniswap seek to raise a new round of funds.  Blowfish Announces $11.8 Million Funding Round In a recent release, Blowfish, a web3 security…

OneKey, Coral, Re, and ChainML recently announced the completion of their funding rounds. Pantera Capital, a popular asset manager in the crypto landscape, is raising a $1.25 billion fund.  Onekey Announce $20 Million Series a Round In a recently completed…