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Venture Capital
Clover Finance Raises $3M From Polychain, Others to Bridge Ethereum and Polkadot
The Substrate-based chain is also working on a proof-of-concept “non-custodial” bridge for EVM chains to connect with the Bitcoin network.

Libra Co-Creator's VC Firm Co-Leads $12M Round in ‘Decentralized GitHub’
“Web 3 developers should be building on open protocols,” NFX General Partner Morgan Beller said of Radicle, a platform for crypto-native code collaboration.

New Emerging Markets Fund Targets Blockchain, DeFi Startups
The Arcanum Emerging Technologies Fund will start in India, but its founders plan to expand to other regions.

Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform
Three prominent venture capital firms bought tokens directly from the DAO's treasury.

Nic Carter's Castle Island Ventures Closes $50M Investment Fund
The early-stage VC will continue to invest around its primary thesis, that public blockchains are changing the world.

$72M Crypto Fund Backed by Paul Tudor Jones and LL Cool J Comes Out of Stealth
Led by Glenn Hutchins, the new fund has already invested in Dapper Labs and other crypto projects.

Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures
Coinbase Ventures also joined the round.

Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute
The Series B will fund a push into Asia and the launch of a derivatives business.

South Korea's Hashed Raises $120M Venture Fund for Crypto Deals
Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks.

Paxos, Firm Powering PayPal's Crypto Service, Raises $142M
Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.
