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Algorand
Algorand Pushes for Ethereum Compatibility With $20M Incentive Program
In a bid to court app developers, $10 million is earmarked for making the network Ethereum Virtual Machine–compatible.

Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation
Polychain Capital and Dragonfly Capital were among the investors in the company building a network to connect users, assets and decentralized applications across multiple blockchains.

Algorand Foundation Appoints JPMorgan, Nasdaq Alum Staci Warden as CEO
Warden replaces Sean Lee at the payments-focused blockchain.

Drone Racing League Zooms Into Metaverse, Bringing ‘Play to Earn’ to Algorand
The league’s partnership with Playground Labs will be the first play-to-earn competition of its kind on the Algorand blockchain.

Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi
The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on Thursday.

Alts Find It Tough to Beat Layer 1 King Ethereum
Big investors looking beyond bitcoin may take their first baby steps into ether, which has so far outperformed its layer 1 alternatives. But for how long?

Borderless Capital Launches $500M Algorand-Focused Fund
The fund will look to invest in a range of DeFi and NFT projects built on the Algorand blockchain network.

Citi Veteran Launches $1.5B Crypto Fund With Algorand as Strategic Partner
The fund includes a play-to-earn gaming arm that will be headed by former Goldman Sachs analyst Sam Peurifoy, known in gaming circles as “Das Kapitalist.”

Algorand Project Raises $3.6M to Make Cross-Chain DeFi Friendly for Big Investors
C3 will operate a cross-chain clearing engine in the same way prime brokers act as a hub for collateral management in traditional finance.

Makor Capital Raises $17M in Series A Funding to Grow Brokerage Platform Enigma
The round valued Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.
