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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
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
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
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
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…
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
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
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
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
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.
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…
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
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…
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
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…
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