Venture Capital
A16z Leads $111M Token Sale for Helium's HNT
The token-powered decentralized telecommunications project is bringing on fresh capital.

Ex-Poker Pros Raise $130M Fund for DeFi Bets
Ascensive Assets’ investors are mainly high-net-worth individuals in Asia connected to the gambling industry.

EU-Backed Investment Fund Puts $30M Into Crypto VC Firm's New $130M Vehicle
The backing of Fabric Ventures marks the first time a fund affiliated with the European Commission has invested in digital assets.

BlockFi Is Pursuing Plans to Go Public – Even as Regulators Close In
The crypto lender is days away from closing a $500 million Series E, sources say. A timetable for a public listing is circulating among investors.

VCs Pumped $4B Into Crypto Firms in Q2: CB Insights
It was a record sum for the sector, headlined by Circle, Ledger, Paxos and more.

Crypto Venture Studio Thesis Raises $21M to Keep Building
ParaFi and Polychain are among the investors funding the firm behind the Fold app, the Keep protocol and an upcoming MetaMask competitor.

Magic Numbers: Ethereum-Based Authentication Platform Raises $27M
In the last year Magic use has shifted from regular internet users to mostly Web 3 applications, said CEO Sean Li.

FTX Crypto Exchange Valued at $18B in $900M Funding Round
Sam Bankman-Fried's exchange is bringing on the largest funding round in crypto history to fuel expansion.

CoinFund Targets ‘Early Mainstream Adoption’ With $83M Venture Fund
The six-year-old crypto VC firm has headlined seven fundraising rounds so far this year.

Crypto Long & Short: Crypto Needs More Than VC Interest
Plus: Correcting misconceptions about institutional interest in crypto, and why Circle going public may bring greater regulatory clarity in the U.S. for stablecoins.
