Venture Capital


Finance

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.

Chamath Palihapitiya (JD Lasica/Flickr Creative Commons)

Finance

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.

dollars

Tech

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.

Fresh pastures (Francesco Ungaro/Unsplash)

Markets

VC-Backed Crypto Exchange Mexo Launches in Latin America

Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.

(Alexander Mak/Shutterstock)

Finance

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.

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Finance

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.

Electric Capital co-founders Curtis Spencer (left) and Avichal Garg (Electric Capital)

Finance

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.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Tech

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."

Prototypes (Halacious/Unsplash)

Finance

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.

HOPR's founding team: Robert Kiel, Sebastian Bürgel and Rik Krieger.

Finance

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.

(Shutterstock)