Funding


Markets

Blockchain Insurance Consortium B3i Quietly Raises $16 Million

B3i, a blockchain startup owned by some of the world's top insurance firms, raised $16 million last month, Swiss records show.

piggy bank USD

Markets

University of Michigan Considers Further Investment in A16z's Crypto Fund

The University of Michigan, which has an endowment valued at about $12 billion, may further invest in Andreessen Horowitz’s crypto fund.

Michigan

Markets

Galaxy Digital Backs $15 Million Raise for Crypto Analytics Firm CipherTrace

Blockchain and crypto security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz's Galaxy Digital.

Michael Novogratz, founder, CEO and chairman of Galaxy Digital

Markets

Goldman Sachs Veterans Raise $3 Million to Fight Crypto Manipulation

A U.S.-based crypto market surveillance startup led by former Goldman Sachs fintech engineers has raised $3 million in seed funding.

telescope surveillance

Markets

NEM Foundation, Nearly Broke, Plans Layoffs and Pivot

The leading non-profit behind the NEM blockchain is seeking $7.5 million in emergency funding to keep the lights on.

NEM

Markets

Morgan Creek Digital Joins $3.1 Million Round for Tokenized Real-Estate Firm

Digital assets manager Morgan Creek Digital has backed a $3.1 million seed round for tokenized real-estate startup RealBlocks.

Dollars

Markets

Ripple Partners With Chinese University for Blockchain Research Program

Ripple has teamed up with a top Chinese university for a research program focused on blockchain regulation and development.

Tsinghua university campus

Markets

OECD: ICOs Have Financing Benefits But Aren't a Mainstream Option

The Organization for Economic Cooperation and Development thinks ICOs may be a beneficial fundraising tool, but not yet for "mainstream" firms.

oecd

Markets

US Department of Energy to Fund Blockchain Research Projects

The U.S. Department of Energy is offering funding of up to $4.8 million for fossil energy research, including blockchain applications.

US power plant

Markets

Ethereum Foundation Grants $5 Million to Parity Technologies

The Ethereum Foundation has awarded a grant of $5 million to Parity Technologies to support its work on ethereum 2.0.

eth