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Funding
Nic Carter from Castle Island Ventures Backs New Crypto VC Firm
Founded by a Circle alum, Breed VC closed its first fund with nearly $20 million in capital.

Pantera, Jump Crypto Back $150M Injective Ecosystem Fund
The initiative will support financial apps developed to work across blockchains based on the Cosmos system.

Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining
The company will use the funds to expand its bitcoin mining facilities amid strong demand for hosting.

Web3 Social Wallet Tribes Launches With $3.3M in Funding
The crypto app startup was founded by a former Coinbase engineer.

Sports NFT Firm Candy Digital Raised Over $38M Amid Founder Strife
An SEC filing revealed the offering weeks after reports that Fanatics would unload its 60% stake.

Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
The startup, formerly known as FQX, lets companies raise money through debt securities.

Fintech Firm Arch Starts Crypto Lending Product, Raises $2.75M
The fintech startup plans to allow other alternative assets as collateral in the future.

DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
The firm offers products to help with know-your-customer and money-laundering checks.

HashKey Capital Raises $500M for 3rd Crypto Fund
The firm will back blockchain projects that could achieve mass adoption.

Web3 Studio Sortium Raises $7.8M in Seed Round
Crypto hedge fund Arca was among the participants in the funding round.
