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Funding
Hedge Fund Giant Alan Howard Backs $7.5M Round for ‘Financial NFTs’ Project
Nested’s social trading platform allows investors to earn royalties on their crypto portfolios by representing them as NFTs.
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.
Ex-Meta Coders Raising $200M to Bring Diem Blockchain to Life: Sources
Aptos is eyeing a $2 billion valuation for its bid to bring the Diem blockchain into users’ hands, sources tell CoinDesk.
Fast Break Labs Raises $$6M in Seed Funding Round
The Web 3 startup founded by two ex-Meta Platforms employees is developing a blockchain-based fantasy basketball game.
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.
Brazilian Crypto Exchange Foxbit Raises $21M in Series A Funding
Funds will be used for developing new technology, team expansion and potential acquisitions, the company said.
Amber Group Raises $200M in Temasek-Led Round at $3B Valuation
The Singapore-based liquidity provider and trading infrastructure firm's valuation has tripled in less than a year.
Why Sequoia Capital Is Raising $600M to Launch New Crypto Fund
VC dollars continue to flow into the crypto space. The venerable venture capital firm Sequoia Capital is looking to raise $600 million for its first crypto-specific fund, primarily investing in liquid tokens and digital assets. "The Hash" team explains why Sequoia is jumping into the scene after other large VC funds Paradigm and Andreessen Horowitz.
The Graph Backers Launch $205M Ecosystem Fund to Provide Grants to Dapp Builders
The fund aims to accelerate development of key projects in the data-indexing network’s ecosystem.
USV, Multicoin Lead $30M Raise for 3Box’s Ceramic Data Network
“Web 3 social” has been an early focus of the data composability project.
