The startup offers metaverse-creation tools and a list of general blockchain infrastructure solutions.
Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer
The cryptographic development project, p0x, received a valuation of $500 million.
Blockchain Capital Leads $40M Round for Crypto Firm RISC Zero
The startup creates developer tooling that helps build zero-proof software for improved security and computational power.
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
he crypto-focused firm has also cut three members of its research and development staff.
Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena
The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023.
Web3 VC Shima Capital Didn’t Slow Strategy for Crypto Winter
The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks.
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
The capital will help Xterio add more games and artificial intelligence integrations to its platform.
Tim Draper-Backed Fund Joins $5M Series A for LunarCrush
The social media analytics platform is expanding from a digital asset trading focus to allow users to search for any topic.
AI-Backed Web3 Security Firm Olympix Raises $4.3M
Boldstart Ventures led the round for the startup, which helps developers avoid vulnerabilities in smart contract code.
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective.
AI-Backed Blockchain Data Startup Web3Go Raises $4M
Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.
Bitpanda Pro Rebrands, Raises $33M in Peter Thiel-Led Round
Thiel’s Valar Ventures led the fundraise for One Trading, which is now fully separated from Bitpanda.
A16z, ARK Invest Back $37M Round for Mythical Games
Crypto asset manager Scytale Digital led the Series C extension round for the NFL Rivals creator.
Wintermute Backs DEX Vertex Protocol in Strategic Investment
The amount of the investment wasn’t disclosed, and Wintermute will provide liquidity services to the decentralized exchange.
Animoca Brands’ Anichess Secures $1.5M for Decentralized Chess Game
The game, launching in early 2024, was made in partnership with Chess.com.
Bankrupt Hedge Fund 3AC’s Return as a VC Stirring Up Crypto Community
3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.
Starknet Foundation Appoints Meta Veteran Oliva as First CEO
The executive will help the non-profit promote growth within the Starknet ecosystem.
Binance Labs, CoinFund Lead $10M Round for Smart Contract Infrastructure Firm Neutron
The startup provides smart contract infrastructure for the Cosmos ecosystem.
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.
Mick Mulvaney-Linked Astra Protocol Faces Investor Backlash Over ‘Severely Deficient Communication’
Astra Protocol, provider of Web3 compliance solutions, previously had a dispute with investor Republic Crypto over an alleged token sale.