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The London-based stablecoin startup BVNK is exploring a new funding round, aiming to raise $50 million, as investor appetite for the sector grows. Stablecoin payments firm BVNK is said to be in early discussions to raise at least $50 million…
BTC
Bitcoin
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…
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
Bitcoin protocol Surge has raised $1.8 million in pre-seed funding to solve the network’s scalability issues. As the Bitcoin (BTC) ecosystem keeps facing unresolved scalability challenges, startups keep searching for a solution that would open doors for billions worth of…
BTC
Bitcoin
News
Ithaca and Delta are the top two firms with the highest fundraising for the week, data shows. Held against last week’s modest fundraising, crypto VC funding has seen an uptick in the number and volume of funds raised this week.…
TON
Toncoin
News
In this week’s venture capital update, more than $253 million flowed into the crypto startup world, although the bulk of that funding went to the blockchain network Celestia Foundation. Crypto.news perused social media and tapped the latest data from Crypto…
TIA
Celestia
News
Our crypto VC funding column, for the week of Sept. 15 to Sept. 21, explores the latest capital-raising efforts: Open Network, Drift Protocol, Helius, Hemi Labs and Pipe Network.
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Crypto management startup Mesh has partnered with broker CoinMENA to streamline crypto transactions in the Middle East. Crypto startup Mesh (formerly known as Front Finance) has announced a strategic partnership with Bahrain-regulated crypto trading platform CoinMENA to expand its services…
News
At least 19 startups raised venture capital funds over the past seven days, with the largest round going to Huma Finance, a tokenized real-world assets platform. Huma announced on Sept. 11 that it received $38 million in a fund-raising effort…
SOL
Solana
News
Former President Donald J. Trump is teasing the launch date of his sons’ new crypto project dubbed “World Liberty Financial.” Donald Trump is teasing the upcoming launch of World Liberty Financial, a crypto project his family has been promoting over…
News
Vega Protocol is shutting down its blockchain, with validators set to maintain the network temporarily to allow users to withdraw funds before a full cessation by late October. Trading-focused blockchain Vega (VEGA) is winding down its operations after an on-chain…
VEGA
Vega Protocol
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Data analytics platform Nansen has acquired staking service provider StakeWithUs to expand its offerings, enabling users to stake assets directly on-chain. Nansen, a blockchain analytics platform, has acquired staking provider StakeWithUs in a move that would allow its users to…
News
Venture capitalists are raising a ton more money for crypto-related funds this year compared to last year’s dismal downturn. According to the latest report from PitchBook, published on Sept. 5, the median fund size is up 65.1% to $41.3 million…
SOL
Solana
News
In today’s market, misjudging crypto startup valuations can lead to wasted time and unfavorable fundraising outcomes, a managing partner at hash3xyz says. Crypto venture capital sentiment has reached its lowest point since late 2022, with declining valuations and investor caution…
News
Daniel Howard and Bhavin Vaid have launched Halo Capital, a $25 million venture fund focused on early-stage crypto projects across the digital asset ecosystem. Daniel Howard, son of British hedge-fund billionaire Alan Howard, and colleague Bhavin Vaid have raised $25…
BTC
Bitcoin
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