P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right “capital and vibes.”
Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.
Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.
ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.
Optimism Sells $89M OP Tokens in Private Transaction
The tokens have been sold to an undisclosed buyer and will be vested for two years.
Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom
Utila’s self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi Rabi said in an interview.
Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public
Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.
Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
The round also included participation from Anatoly Yakovenko, the co-founder of Solana.
Swiss Crypto Bank Sygnum Inches Closer to ‘Unicorn’ Status With $40M Raise
The company said that its initial target for the funding round was $35 million.
Ethereum Staking Platform Kiln Raises $17M for Global Expansion
Solana-Based Stablecoin Remittances Get a Boost with CFX Labs’ Fresh $9.5M Fundraise to Expand Globally
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.
Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.
Crypto Fundraising Hits 3-Year Low as Firms Struggle to Raise Capital: Messari
The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020
DraftKings’ Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.
Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
The fundraising was led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures.
Crypto Startups Raised $201.4M in Venture Funding Last Week, Led by Infrastructure
The largest fundraises for the week belonged to metaverse startup Futureverse and RISC Zero, creator of developer tools for zero-knowledge proofs.
Blockchain firm raises $25M to develop third-generation architecture
Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture.
Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
Sort allows developers to incorporate smart contracts into apps
Mutual aid, DAOs and activism — The Agenda podcast chats with PactDAO co-founder Marisa Rando
PactDAO co-founder Marisa Rando says the decentralization of mutual aid collectives is the key to catalyzing activism and building stronger communities.
Could Legendary Hip Hop Platform DatPiff Serve as a Springboard for ‘Music NFTs’?
In an age defined by disruption, legacy IP may hold the key to the next wave of digital culture, Gitcoin’s Azeem Khan writes.