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Fundraising
Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
The blockchain project is taking advantage of an increasingly popular fundraising method known as "node sales" just months after a traditional $12 million fundraise.
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
Fabric, Startup Building 'VPU' Chips for Cryptography, Raises $33M
The fundraising, co-led by Blockchain Capital and 1kx, will be used to "build computing chips, software and cryptographic algorithms," the company said.
Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding
The company plans to reach $16 million by the end of a second closing.
Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
The new fund will target early stage opportunities in AI, blockchain technology, chips and data.
Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana
Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on "modular" networks to handle Ethereum's myriad components and functions.
Ora, Aiming to 'Unlock Design Space for AI Dapps,' Raises $20M
The blockchain project, founded in 2022, aims to incorporate AI into decentralized applications with its "on-chain AI oracle."
Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
While Worldcoin's technology is based on iris scans, Humanity Protocol uses palm prints.
Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy
Unlike paid shills of yore, "key opinion leaders" invest in the projects they promote on social media. In return for buzz, they can sell tokens sooner than other investors.
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else's.
