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Venture Capital
Jay-Z, A16z Back $19M Funding Round for NFT Platform Bitski
Describing itself as the “Shopify for NFTs,” Bitski aims to provide an easy platform for brands to sell digital goods.

Crypto Attracting Big Loads of Venture Capital
Multicoin Capital has raised its second venture fund for $100 million to double down on investments in crypto startups, which comes on the heels of venture capital firm Andreessen Horowitz (a16z) reportedly collecting checks for a $1 billion cryptocurrency venture fund. “The Hash” panel explores what this could mean for crypto startups and the overall impact crypto-backed VCs can have on the financial sector.

Multicoin Raises $100M for New Crypto Venture Fund
The Texas-based crypto investment firm has lined up another nine-figure venture fund in its search for explosive blockchain startups.

A16z to Launch $1B Crypto Venture Fund
The Silicon Valley VC giant is going big for its third crypto venture fund, the Financial Times reported Friday.

Paxos Raises $300M, Joins Crypto Unicorn Club at $2.4B Valuation
The back-end provider for PayPal and Venmo is raising “confidence capital” to expand operations, said CEO Charles Cascarilla.

Bumper, a DeFi-Based Crypto Volatility Protection Plan, Raises $10M
The project shields users from crypto’s dips. Under the hood, it’s all about DeFi.

'AWS for Blockchains' Alchemy Closes $80M Funding Round at $505M Valuation
Alchemy powers most of DeFi and almost all the big NFT platforms. The round was co-led by Coatue Management.

Volt Capital Unveils $10M Fund Backed by CMT Digital, Balaji Srinivasan
Soona Amhaz’s venture firm has been quietly making equity plays across the crypto space for seven months.

Overstock Completes Deal to Convert Medici Ventures Into Fund Managed by Pelion
The deal is part of Overstock’s plan to exit its blockchain-related investments.

This VC Gave Coinbase Its First Check
Initialized Capital’s Garry Tan first came across Coinbase founder Brian Armstrong when the latter was still at his day job debugging Airbnb.
