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Venture Capital
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.

Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators
Co-led by Pantera and Archetype, the funding round is targeted toward building out distributed validator technology (DVT) on Ethereum.

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.

Crypto Market Maker CyberX Gets $15M From Foresight Ventures
Venture capital firm Foresight Ventures backed the liquidity provider.

Crypto Lender Genesis Owes Creditors Over $3B: FT
Digital Currency Group, Genesis' parent company, is reportedly looking to sell some of its venture-capital portfolio, worth around $500 million.

Cosmos-Based DeFi Protocol Quasar Raises $5.4M
Venture capital firm Shima Capital led the round at a $70 million valuation.

Crypto Funding Plunged in 2022, but VC Head Sees Areas of Opportunity for 2023
CoinFund’s David Pakman talks FTX, DeFi and the way forward.

FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M
Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.

Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices
The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app.
