Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.
Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.
This Startup Is Forking Compound to Make Hiring More Efficient
Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.
Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.
Crypto Long & Short: Innovation Cycles, Crypto Venture Funds and Institutional Investors
With so much attention on institutional involvement in crypto asset markets, we overlook that they are already here through VC investments – less fast-paced, perhaps, but important to keep an eye on for what they reveal about cycles.
Pantera Capital’s Crypto Hedge Funds Are Losing Double Digits, But Its Bitcoin Fund Is Up 10,000% to Date
Internal documents show that Pantera Capital’s bitcoin fund is vastly outperforming its more exotic crypto-asset fund counterparts.
Ashton Kutcher and Michelle Phan Invest in Lolli’s $3M Seed Round
Lolli, the bitcoin rewards shopping app, attracted celebrity investors in a $3 million round led by the early-stage arm of Peter Thiel’s Founders Fund.
As Pandemic Decimates Startups, Privacy Industry Holds Strong
As remote work become the norm, privacy-focused startups see COVID-19 as an opportunity to expand.
Dragonfly Capital Managing Partner Alexander Pack Steps Down
Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.
Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License
Crypto Finance AG’s $14.5 million funding round will go toward international expansion and courting institutional investors.
Chinese DeFi Platform dForce Raises $1.5M From Multicoin, Huobi Capital
One of China’s largest DeFi platforms has raised $1.5 million from Multicoin Capital, Huobi Capital and CMB International to expand its product lineup.
VC Firm Andreessen Horowitz Targets $450M for Second Crypto Fund: Report
Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.
Banking API Platform Sila Raises $7.7M on Promise of Programmable Money
The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.
Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi
Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.
Investors in Polychain Capital’s Crypto Hedge Fund Saw 1,332% Gains – If They Stomached the Dips
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.
VC Deals in Crypto Remained Steady but Amount Invested Fell in 2019: Report
As younger companies are raising more, larger businesses didn’t come back for extra capital.
Polychain Capital Is Raising a $200M Crypto Venture Fund, Slide Deck Reveals
Polychain Capital, one of the crypto industry’s leading venture firms, is targeting $200 million for its second fund.
Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel’s Valar Ventures
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.
PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered “no-loss lottery.”