Babylon Chain closes $18M funding for Bitcoin staking
Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks.
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VC Roundup: Investors pick games, collectibles and creator economy
Baton, Wormhole, Rokid, Saga, Bazooka Tango, Authentic, and Intract are among the latest startups to secure venture capital funding.
Crypto Biz: UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more
The United Arab Emirates increasingly attracts Web3 companies to its jurisdictions, becoming the center of global crypto innovation.
Blast’s marketing approach “cheapens the work of a serious team” — Paradigm
Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability.
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
Lightspeed Faction launches $285M startup fund for crypto projects
The crypto-oriented venture capital firm announced a fund that will invest in Seed and Series A rounds for promising blockchain projects.
Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth
After actively supporting Pendle since its launch in 2021, Spartan Capital has made a follow-on investment in Pendle Finance via an OTC purchase.
Hong Kong crypto VC opens $100M fund for Asian blockchain startups
The crypto fund, named Titan Fund, has already made five investments in different blockchain startups with two going toward Hong Kong-based projects.
Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993.
VC Roundup: Investors eyes blockchain analytics, gaming and crypto privacy
Bubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals.