Keplr, a crypto wallet provider, has raised $5 million in a seed funding round after four years of operating as a bootstrapped company.
Unlike other Ethereum L2s, “the first true SVM rollup" uses the Solana Virtual Machine to speed transaction settlement times.
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.
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
VC activity has been subdued for the last two years despite the rally in digital assets, the report said.
Merit Systems raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital.
The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.
Venture capital firms Sequoia Capital and Paradigm led the $150 million Seriec C funding round.
Solana protocol Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.
The firm intends to use the funds to grow out its team and developing its core infrastructure, such as launching its testnet chain, first game and other on-chain assets.
The seed capital will fund development of a payment network aspiring to be the "fastest, cheapest, and most compliant" Layer 1.
The company intends to use the new financing to develop its onchain UX platform via its software development kits.
The transaction was funded in bitcoin, with Komainu establishing its own bitcoin treasury to manage the capital provided.
The Dubai-based venture capital firm said it plans to invest in 100 early-stage Web3 projects, 25 liquid tokens and 10 fund-of-fund allocations.
Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.
The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent "alpha hunters."
Political tailwinds in the United States and anticipation of a friendlier regulatory climate are positive signs for the crypto industry.
A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.
Declining interest rates and increased regulatory clarity are expected to fuel a surge in venture capital investment in crypto startups over the next 12 months.
"We are passionate about backing technologies that will prevent censorship and things being shut down," James McDowall told Cointelegraph.
Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures.
Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates.
The platform allows accredited investors to invest in Web3 startups via tokenized special-purpose vehicles.
New US “crypto czar” David Sacks is very bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital.
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021.
This edition of Cointelegraph’s VC Roundup features Eidon AI, Brevis, Multiledgers and Alluvial.
Portal Ventures’ new fund will back pre-seed rounds for crypto startups, aligning with the growing VC focus on early-stage activity in 2024.
The startup closed a $40 million seed round and secured another $250 million in liquid funds for its blockchain-based decentralized AI infrastructure.
Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S.