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Venture Capital
Polymer’s $3.6M in Seed Funding Says IBC Is the Future of Crypto
The team plans to make blockchains like Ethereum and Solana more easily compatible with chains built using Cosmos’ Inter-Blockchain Communication protocol.
VC Firm Electric Capital Raises $1B for 2 New Funds Targeting Tokens and Equity Stakes
On Tuesday, Crypto venture capital firm Electric Capital announced that it raised $1 billion to create two new funds: a $400 million venture fund and a $600 million token fund. “The Hash” explains how Electric Capital’s approach, which focuses on token allocation directed toward the community, differs from others in the space.
Electric Capital Raises $1B for 2 New Crypto VC Funds
Long-term investing and public goods will be a focus for the two new funds from what had been a smaller player in the world of crypto VC.
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.
Coinbase Ventures Lead Katherine Wu Leaves for VC Firm Archetype
Wu announced her departure on Twitter after just five months at Coinbase’s venture arm.
Fast Break Labs Raises $$6M in Seed Funding Round
The Web 3 startup founded by two ex-Meta Platforms employees is developing a blockchain-based fantasy basketball game.
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and South Korea, among other countries, are likely to reduce the market for GameFi in the Asia-region; bitcoin, ether and most major altcoins rose slightly during U.S. trading hours.
Why Sequoia Capital Is Raising $600M to Launch New Crypto Fund
VC dollars continue to flow into the crypto space. The venerable venture capital firm Sequoia Capital is looking to raise $600 million for its first crypto-specific fund, primarily investing in liquid tokens and digital assets. "The Hash" team explains why Sequoia is jumping into the scene after other large VC funds Paradigm and Andreessen Horowitz.
Sequoia Capital Looking to Raise Up to $600M for New Crypto Fund
The venerable venture capital firm is launching its first crypto-specific fund.
Investment Platform Yieldstreet Adds Crypto Access With Pantera Capital Partnership
The Pantera Early Stage Token Fund I is expected to raise $20 million, said Yieldstreet.
