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.
Trump’s crypto policies, including a strategic bitcoin reserve, have marked a shift, but VCs say key regulatory steps are still needed.
Seismic is building an encrypted blockchain to implement onchain privacy at the app level, going beyond the wallet-level encryption that obscures user balances and identities.
DoubleZero announced today that its latest $28 million token round was co-led by Multicoin Capital and Dragonfly Capital.
"If you're a seed stage founder working in crypto, fintech or enterprise AI, come talk to us," said Rodolfo Gonzalez.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paradigm led Across Protocol's token round, with participation from Bain Capital Crypto, Coinbase Ventures and others.
Framework Ventures led Infrared's Series A round, with participation from NGC Ventures, Selini Capital and others.
With fresh funding, Flowdesk plans to launch a dedicated crypto credit desk, expand into the UAE, and pursue other initiatives.
Paradigm also published its Policy Anchors, a set of principles that guide the firm's engagement on matters of public policy and regulation.
Raise intends to use its financing to develop its blockchain-based gift card program called Smart Cards.
The cross-chain “Inclusive Layer” makes it easier to launch consumer apps on Ethereum, its leading Layer 2s and Solana.
Ligero builds tools to simplify zero-knowledge proof development, deployment and scaling without compromising security or compliance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The crypto asset management firm said it would "continue to invest in the team and in new solutions across beta, alpha, and onchain."
Byzantine's permissionless aggregation layer aims to solve the fragmentation in the burgeoning restaking ecosystem.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Memes Lab has announced the closure of a $2.3 million seed round led by Lemniscap and featuring participation from Animoca Brands and others.
"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.
After the LIBRA scandal, some crypto VCs say memecoins are finished — others think they’ll never go away. Which is it?
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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.
Fluent is an Ethereum Layer 2 network that blends Wasm, EVM and SVM apps into a unified execution environment.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company provides security solutions for some of the largest crypto firms and projects including Coinbase and MetaMask.
Yield Basis aims to initially help tokenized bitcoin and ether holders earn yield from market making by mitigating impermanent loss.
Echo founder Jordan Fish, known as Cobie, said that the platform might find a way to give a better option for doing launch sales.