Funding


Web3

Foresight Ventures Launches $10M Web3 Startup Fund, in Spite of Market Turmoil

The Singapore-based crypto fund plans to back the development of blockchain projects across global markets.

Singapore road (Shutterstock)

Finance

Sam Bankman-Fried Cashed Out $300M in Previous Funding Round: Report

In a previously undisclosed detail, most of the $420 million raised in October 2021 went directly to Bankman-Fried, according to the Wall Street Journal.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Finance

Cardano Blockchain Builder IOG Funds $4.5M Research Hub at Edinburgh University

The launch follows IOG’s investment in hubs and funding at Stanford and Carnegie Mellon in the U.S.

Edinburgh, Scotland (Shutterstock)

Finance

FTX-Backed Crypto Unicorn LayerZero Bought Out Stake

The interoperability protocol sent a memo to investors outlining its buyout strategy.

Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

Finance

Thoma Bravo Leads $70M Fundraise for Blockchain Intelligence Firm TRM Labs

Goldman Sachs, PayPal Ventures, Amex Ventures and Citi Ventures also participated.

(Unsplash)

Finance

Ramp Network Raises $70M to Provide Crypto Payments Infrastructure

The round was co-led by UAE wealth fund Mubadala Capital and Korelya Capital.

Game7 presenta un programa de ayuda de US$100 millones para juegos basados en blockchain. (Pixabay)

Finance

Crypto Exchange Coinmetro Eyes US, Europe Expansion With $7M Funding Round

The interim fundraising round, a precursor to a Series A round, valued the firm at $180 million.

Unstoppable Finance has raised $12.8 million to develop its DeFi wallet. (analogicus/Pixabay)

Finance

Crypto Wallet Blocto Launches $3M Fund for Aptos-Based Projects

The layer 1 blockchain from ex-Meta employees made its mainnet debut last month with a limited ecosystem.

Aptos founders Mo Shaikh (left) and Avery Ching (Aptos Labs)

Finance

Evmos, Connector of Cosmos and Ethereum Blockchains, Raises $27M in Token Sale

Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform

Evmos, a connector between the Cosmos and Ethereum blockchains, raised $27 million. (Billy Huynh/Unsplash)

Finance

Porter Finance Team Returns for Second Shot at DeFi Bonds Project

Months after Porter Finance was shuttered due to lack of demand, three of the four team members say they still feel the potential for on-chain bond issuances is massive.

(Shutterstock)