Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship.
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Crypto startup MoonPay raises $555M to hit $3.4B valuation
Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so far.
Polychain Capital leads Anoma Network’s $26M raise
Venture capital has allocated over $17 billion to crypto projects this year. Anoma’s bartering system offers a fresh take on blockchain development.
Blockchain unicorn ConsenSys valued at $3.2B following $200M raise
MetaMask’s monthly active users have grown 38-fold since 2020 as demand for DeFi and NFTs continues to surge.
Oasis Foundation launches $160M development fund
The funds are earmarked for DeFi, NFT, tokenization and metaverse projects that are building on the Oasis Network.
Paradigm unveils new $2.5B crypto fund
Paradigms new $2.5 billion New Venture Fund has dethroned A16z as the largest venture fund in crypto.
Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols
Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its…
Alexis Ohanian, Solana Ventures launch $100M Web 3.0 growth fund
Venture capital funds are eyeing Web 3.0-powered social networks as the next major growth vector in crypto and blockchain.