Founders Fund


Tech

Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A

The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea.

Citrea's co-creators (Citrea)

Tech

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund

As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks.

Citrea says its zero-knowledge rollup will help expand Bitcoin's ability to accommodate NFTs and DeFi. (Unsplash modified by CoinDesk)

Finance

Peter Thiel's Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient

The project aims to address concerns about the proliferation of AI whereby the underlying code is concentrated in the hands of a few superpowers like Google or Meta.

Rachel Sun/CoinDesk

Tech

Thiel-Backed Cryptography Startup Lagrange Raises $13M

Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave.

Peter Thiel holding cash (Rachel Sun/CoinDesk)

Markets

Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters

A source said that the investment was split evenly between the two digital assets.

Peter Thiel holding cash (Rachel Sun/CoinDesk)

Finance

3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans

Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm’s Fred Ehrsam joining the board.

Justin Blau is launching Royal Markets with some high-profile backers. (Dia Dipasupil/Getty Images for Billboard Magazine)

Markets

Bank of America, Coinbase Ventures Invested in Paxos' $300M Funding Round

The blockchain-based crypto services firm is disclosing more big names from its latest funding round.

CoinDesk placeholder image

Markets

'Ebay for CryptoKitties' Raises $2 Million from All-Star VCs

The number of crypto collectables, like CryptoKitties, is growing and investors think a marketplace for their trade is a good bet.

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Markets

Peter Thiel Fund Moves to Ease Trades for Big Crypto Investors

Peter Thiel's Founders Fund has reportedly invested in a cryptocurrency startup that aims to optimize the bulk trading of cryptocurrencies.

Peter Thiel image via CoinDesk archives

Markets

Report: Peter Thiel's Founders Fund Bets Millions on Bitcoin

PayPal co-founder Peter Thiel's VC firm reportedly made hundreds of millions by putting $15 million to $20 million down on bitcoin last year.

peter-thiel

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