Crypto Startup Funding Hits $2.4 Billion in Q1
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded…
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Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment
The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster…
Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with…
Galaxy Digital to Debut $100 Million Crypto Fund Initiative
Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment fund. The fund, called Galaxy Ventures Fund I, LP, will…
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.
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.