Strobe Ventures, led by Thomas Klocanas, will double down on early-stage crypto investments with a "high-conviction" strategy.
Axelar Foundation, the nonprofit supporting the growth and adoption of the Axelar Network interoperability protocol, has disclosed strategic AXL token sales worth $30 million.
Trump’s crypto policies, including a strategic bitcoin reserve, have marked a shift, but VCs say key regulatory steps are still needed.
DoubleZero announced today that its latest $28 million token round was co-led by Multicoin Capital and Dragonfly Capital.
Paradigm led Across Protocol's token round, with participation from Bain Capital Crypto, Coinbase Ventures and others.
With fresh funding, Flowdesk plans to launch a dedicated crypto credit desk, expand into the UAE, and pursue other initiatives.
Raise intends to use its financing to develop its blockchain-based gift card program called Smart Cards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"YZi Labs is the sole investor. There are no other investors in this round," Vana co-founder Anna Kazlauskas told The Block.
The funds will be used to build out its new Ethena chain and to support the launch of its institutional product.
Acre, a spin-out from Thesis, enables users to "compound" their bitcoin holdings through various methods, including staking rewards.
The round, led by Andreessen Horowitz with participation from Coinbase, will support the development of the uAsset project.
HashKey previously secured $100 million in Series A round at a $1.2 billion valuation in 2024 without disclosing the investors.
Drosera builds out "traps," or smart contracts that can detect and cancel out threats on the Ethereum network.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Former TON Foundation President Steve Yun launched the fund to focus on investing in TON-based DeFi and PayFi startups.
The venture fund will exclusively invest in DeSci startups building natively on the Sei blockchain, Justin Barlow told The Block.
The firm plans to use the funds to integrate with other web3 platforms and build out its Proof of Humanity and Human ID infrastructure.
Analog is set to launch its token on Feb. 6, following its recent mainnet debut, co-founder Victor Young, told The Block.
Here's how crypto VCs view Trump's memecoin and executive order — and their implications for the industry.
The Fogo Chain is being developed on the Firedancer client, developed by Jump Crypto — where Fogo's co-founder used to work.
Crypto VC funding is expected to rise in 2025 but likely won't reach the highs of 2021-2022, according to JPMorgan analysts.
Crypto exchange GRVT has raised $5 million in equity funding from Further Ventures, a VC firm backed by Abu Dhabi's sovereign wealth fund ADQ.
The transaction was funded in bitcoin, with Komainu establishing its own bitcoin treasury to manage the capital provided.