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Venture Capital
A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
Unlike industry leader Polymarket, Limitless isn't focusing on the election. It's carving out a niche with bets that expire quickly and with user-created markets.

TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps
The TON ecosystem has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users.

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.

The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight
In this week's blockchain tech newsletter, we're highlighting the firm Polychain's accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin's speech in Brussels and Bitcoin's Saxony problem.

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm
Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being "power user," Auros co-founder and CIO Ben Roth said in an exclusive interview with CoinDesk.

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Bain Capital Crypto Raising Second Fund: Filing
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman's Worldcoin.

Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado
Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.

Crypto Governance Advisory MetaLeX Raises $2.75M
Gabriel Shapiro wants to "BORGify" crypto governance.
