The SPAC seeks to raise $179 million to fund its acquisition of a company in the crypto, blockchain or dual-use technology sectors.
The venture landscape's contraction appears to be affecting all crypto categories somewhat uniformly.
VCs from M13 maintain that launching tokens is an effective way to bootstrap liquidity, as long as it's done thoughtfully.
The announcement follows recent raises by Utila, Crossmint and Reown as investment in crypto wallet infrastructure gains pace.
Utila provides digital asset infrastructure for institutions, focusing on stablecoin payments and tokenization.
EOS Network announced on March 18 that it will rebrand as Vaulta, marking a strategic shift toward web3 banking as it seeks to integrate decentralized technology with traditional financial systems. The transition, which includes a token swap, is scheduled for late May 2025, pending confirmation. The move represents years of development aimed at leveraging Bitcoin’s […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crossmint plans to develop AI agent infrastructure and other enterprise blockchain tools with its fresh financing.
Halliday aims to make smart contract creation more streamlined and accessible, shortening how long it takes to make them.
Bitcoin miner Bitfarms completed the acquisition of Stronghold Digital in a stock-for-stock merger, further expanding its U.S. footprint.
Solana posted a video ad on Monday to promote its upcoming conference only to remove it hours later following online controversy.
Ripple is advancing its position in digital asset custody with a trademark filing for “Ripple Custody” at the United States Patent and Trademark Office (USPTO). The application was submitted on Feb. 25 but has yet to be assigned to an examiner. The filing aligns with Ripple’s broader strategy to expand into the rapidly growing custody […]
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Converge, expected to launch in Q2, is an Ethereum-compatible blockchain featuring native KYC and custody solutions.
Modeled after Solana's Pump.fun, ODIN-FUN leverages Dfinity's Internet Computer and the Runes protocol while inheriting Bitcoin's security.
Other investors RedotPay's Series A round included HSG, DST Global Partners, Accel and Vertex Ventures, according to a statement.
Amber International Holding's stock began trading on the Nasdaq on Thursday after completing a merger with a public company.
BlackRock's first tokenized fund surpassed Franklin Templeton's BENJI last April and has since overtaken Hashnote's USYC as the largest onchain fund.
Echo allows individual crypto traders to band together and invest collectively in web3 projects, attempting to solve a fragmentation issue for crypto angel investment.
The acquisition is comparable to Stripe's acquisition of stablecoin platform Bridge, and MoonPay's financial services will now include enterprise-grade stablecoin offerings.
Binance, the world’s largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX. The deal, announced on March 12, marks the largest investment ever received by a crypto company and the most significant transaction conducted entirely in stablecoins. Strategic growth The investment grants MGX a minority […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Gnosis, the crypto ecosystem behind some of crypto’s most used and most foundational tools, could help launch a VPN within two years.
The financing MGX's first investment into a crypto and blockchain firm, with MGX also acquiring a minority stake in Binance.
The firm made its first purchase around the time Trump was elected and may made additional bids depending on market conditions.
Strobe Ventures, led by Thomas Klocanas, will double down on early-stage crypto investments with a "high-conviction" strategy.
Integrating an oracle would make it easier to bridge Apollo, BlackRock, Hamilton Lane and KKR's onchain funds into DeFi.
Consensys, Yolo Investments and others also participated in the round, bringing Mesh's total funding to date to $120 million.
Axelar Foundation, the nonprofit supporting the growth and adoption of the Axelar Network interoperability protocol, has disclosed strategic AXL token sales worth $30 million.
OpenAI will also become an investor in the AI hyperscaler through the issuance of $350 million worth of CoreWeave stock.
The announcement comes as Movement prepares to launch its mainnet in beta, the latest release for the politically active team.