The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Earlier this year, Echo called out VC "hostility." Now, top funds like Paradigm and Coinbase Ventures are leading groups on the crowdfunding platform.
T-Rex aims to reward individuals consuming content online, such as on X, TikTok, or YouTube, with cryptocurrency rewards.
Following its latest $900 million funding round, Anysphere's valuation has surged to $9 billion, according to the FT.
The $25 million Series A round was led by New Form Capital, with participation from Joint Effects, Tribe Capital and Ripple, among others.
Bittensor's TAO token has gained about 60% in the past month. Why is crypto suddenly paying closer attention?
"The timing is right: infrastructure, talent, and user behavior are finally aligned," Re7 Capital's Luc de Leyritz told The Block.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Camp Network enables users to register intellectual property onchain using a bespoke “proof of provenance” consensus mechanism.
Miden's seed round, structured as a SAFE with token warrants, was co-led by a16z crypto, 1kx and Hack VC, said Miden co-founder Azeem Khan.
Santori built Kraken's legal division and is an architect of the Simple Agreement for Future Tokens (SAFT) framework.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paradigm has led a $50 million Series A round for decentralized AI startup Nous Research, bringing its token valuation to $1 billion.
Theo, builds trading infrastructure for institutions, announced it raised a total of $20 million in financing across two rounds.
Up to 75% of the fund's capital is expected to go toward Solana-based projects, RockawayX's Samantha Bohbot told The Block.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paradigm-backed Symbiotic has raised $29 million to expand from restaking into a broader "universal staking" platform.
Most crypto liquid funds are deep in the red this year — but a flight to fundamentals is underway — investors told The Block.
Stablecoins are "perfect rails for yield distribution," the protocol's CEO and founder Ivan Kozlov said in an interview.
Auradine's Series C funding round includes $138 million in equity and $15 million in venture debt, CEO Rajiv Khemani told The Block.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Treehouse Finance has raised fresh funding at a $400 million token valuation to expand its DeFi fixed-income platform.
Laser Digital said it wasn't involved in MANTRA's crash on Sunday and denied sending millions in OM tokens to OKX.
With the investment led by Fulgur Ventures and Framework, the firm plans to scale its bitcoin-denominated life insurance and annuity products designed to combat inflation risk.
Spot bitcoin ETFs saw $127 million in net outflows and the Bitcoin life insurance firm Meanwhile raised $40 million in Series A financing.
"We see a great opportunity in the market for liquid tokens when you look at current valuations," Node Capital's Amos Meiri told The Block.
Based in Bermuda, Meanwhile offers a "BTC Whole Life" insurance product, which is a "whole life" insurance plan that's based in bitcoin.
Arch Network is working with DPI Capital to write first checks for "pillar" protocols building on the Bitcoin DeFi project.
Former Binance CEO Changpeng 'CZ' Zhao also joins Pakistan Crypto Council as advisor, and the stablecoin startup Cap raised $8 million in seed funding.
Other investors include prominent financial institutions Susquehanna and Triton Capital as well as dozens of crypto native firms and angels.