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Venture Capital
Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013, Mulls Public Listing
Social Capital, the Silicon Valley venture capital and private equity investment firm started by an early Facebook vice president, has held bitcoin since 2013.

DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding
Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.

Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain
Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital.

VC-Backed Crypto Exchange Mexo Launches in Latin America
Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.

BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.

Electric Capital's New $110M VC Fund Is 90% Institutions
Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital.

Three Arrows, Framework Invest in DeFi Site Aave With $3M LEND Token Sale
Framework Ventures and Three Arrows Capital announced a $3 million investment in Aave, the firm behind the third-largest lending platform in DeFi.

This a16z Alum Is Launching a VC Fund Focused on Platforms You Can 'Own'
An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered "ownership economy."

Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR
Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.
