Polychain Capital


Finance

Polychain Capital Leads $22M Investment in NFT Appraisal Protocol Upshot

The project wants to bridge the worlds of DeFi and NFT.

(charlesdeluvio/Unsplash)

Finance

Polychain Leads $6.85M Investment in ‘Curate-to-Earn’ Project

KurateDAO is looking to use “cryptoeconomic games to curate the world’s information.”

Can KurateDAO build a new encyclopedia? (James/Unsplash)

Finance

Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation

Polychain Capital and Dragonfly Capital were among the investors in the company building a network to connect users, assets and decentralized applications across multiple blockchains.

Polychain Capital founder and CEO Olaf Carlson-Wee. (Credit: CoinDesk archives)

Finance

Anoma Foundation Raises $26M to Simplify Exchanging Cryptocurrencies

Polychain Capital led the round, which valued Anoma at $260 million.

Polychain Capital founder Olaf Carlson-Wee

Finance

VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights

Coinbase Ventures was the most active investor in the quarter by far, with 24 deals.

Venture Capital  (Getty Images)

Finance

DeFi Protocol Element Finance Raises $32M in Series A Round

Polychain Capital led the round, which also included Andreessen Horowitz and other previous investors.

Polychain Capital founder Olaf Carlson-Wee

Finance

Polychain Capital, Three Arrows Lead $230M Investment in Avalanche Ecosystem

The major funding will be used to inject liquidity into Avalanche-based DeFi platforms.

Ava Labs founder Emin Gün Sirer (CoinDesk archives)

Videos

Crypto Venture Studio Thesis Raises $21M to Keep Building

Thesis, the crypto incubator behind the Fold crypto rewards app and the decentralized Keep protocol, has raised $21 million in a Series A funding round led by Polychain Capital and others. Thesis CEO Matt Luongo discusses the studio’s plans following the raise.

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Markets

Axelar Raises $25M in Series A Fundraising Led by Polychain Capital

The funds will be used to support the network’s integrations and provide more engineering resources for the team.

Polychain Capital founder Olaf Carlson-Wee

Videos

Polychain Leads $21M Round for Retail-Oriented Decentralized Exchange

Clipper, a new decentralized exchange (DEX) from crypto firm Shipyard that aims to attract retail traders with low trading fees, closed a $21 million funding round Tuesday led by digital asset investment fund Polychain Capital.

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