Funding


Finance

Torus Rebrands to Web3Auth, Raises $13M to Simplify Crypto Logins

The company will use the funding to support its Web 3 plans for providing non-custodial authentication infrastructure for cryptocurrency wallets.

The Torus team (Credit: Torus Labs)

Finance

Digital Asset Platform SEBA Bank Raises $119M for Global Expansion

The Series C funding round was co-led by DeFi Technologies and included participation from Alameda Research.

SEBA Bank (SEBA)

Finance

Paradigm, Sequoia to Invest $1.15B in Citadel Securities

The move brings Ken Griffin’s Citadel closer to the world of crypto.

BEVERLY HILLS, CALIFORNIA - APRIL 29: Ken Griffin participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel  on April 29, 2019 in Beverly Hills, California. (Photo by Michael Kovac/Getty Images)

Opinion

Not Everyone Can Afford to Be Satoshi

Some think crypto devs should work for gratis, like Bitcoin’s founder. But paying coders is essential and Web 3 finds a fairer way to do it.

(David Ratledge/Unsplash, modified by CoinDesk)

Finance

NFT Marketplace OpenSea Valued at $13.3B in $300M Funding Round

The ubiquitous NFT site was valued at $1.5 billion last July.

OpenSea's Devin Finzer speaking at NFT.NYC in 2019.

Finance

CoinFund, Franklin Templeton Back Metaversal in $50M Funding Round

The venture studio is using the money to add to its NFT portfolio and invest in metaverse companies.

A screenshot from a Metaversal promo video. (Metaversal)

Finance

DeFi Portfolio Tracking Firm DeBank Raises $25M in Round Led by Sequoia China

The latest funding brings DeBank’s valuation to $200 million, according to the firm.

CoinDesk placeholder image

Finance

Dapper, CoinFund Back ‘SPACE’ Metaverse Play With $7M Raise

The project wants to become “the economic backbone of the metaverse.”

A glimpse into SPACE. (SPACE)

Finance

Decentralized Rendering Engine Raises $30M as Metaverse Graphics Go Big

Multicoin, Alameda and the Solana Foundation are backing Render Network’s vision for a decentralized alternative to Pixar’s massive rendering farms.

(Souro Souvik/Unsplash)

Finance

Anyswap Rebrands to Multichain, Raises $60M Led by Binance Labs

The cross-chain bridge builder will use the funds to research crypto algorithms.

Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)