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Fundraiser
Pi Squared, Building 'Universal ZK Circuit', Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing" along with other blockchain use cases including AI.

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where blockchains are seamlessly interconnected.

$2.2B Bitso Becomes First Crypto Unicorn in Latin America
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.

Bitcoin Brokerage River Financial Raises $17M: SEC Filings
River Financial's equity sale comes as the high-end brokerage embarks on a major hiring push.

How the Crypto Community Helped Us Raise $110,000 for Charity
The campaign, by CoinDesk, Gitcoin, Ethereal and the Giving Block, raised money for COVID-19 relief using "quadratic funding" to make donations.
