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.”
ETF Giant Leads $17.7M Series A for Blockchain Compliance Startup
WisdomTree was the lead investor in the funding round for Securrency. Other investors include the state-backed Abu Dhabi Investment Office (ADIO).
Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office
Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.
Block.One’s Venture Arm to Dole Out $50K Grants to Promising EOS Projects
EOS VC is looking for “world-conquerors and local heroes” for its new grants program.
Multicoin Capital Hires Principal in Asia as Crypto VCs Look East
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm’s hunt for new deals in Asia.
ConsenSys Strategy Chief Steps Down to Launch Venture Fund
ConsenSys CSO Sam Cassatt is stepping down to open a new venture fund focused on “evolutionary changes in human behavior.”
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
It’s one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.
Ripple Invests in Biometric Cybersecurity Startup’s $2.2 Million Round
Keyless, a London-based cybersecurity startup, claims to be the first firm to combine biometrics and cryptography.
Jack Dorsey Backs $10 Million Round for Token Offering Platform CoinList
CoinList’s latest funding round will help it develop a new exchange and wallet.
BA-Backed Firm Raises $5 Million to Put Airline Security on a Blockchain
Zamna – a startup backed by the parent firm of British Airways – is building a blockchain bridge for security information between agencies and airlines.
Wallet Provider Blockchain Ventures Takes Stake in Gaming Platform Enjin
Blockchain Ventures becomes the first equity investor in the blockchain gaming tech firm Enjin.
Pension Funds Put $50 Million Into Morgan Creek’s New Blockchain Fund
Morgan Creek Digital raised the first $50 million for its second venture capital fund from the same two large institutional investors in its first.
Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US
A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S.
‘Teenage Bitcoin Millionaire’ Co-Founds $1 Million Investment Fund for Crypto Startups
Erik Finman’s $1 million fund will make seed-level investments in startups dealing in banking and decentralized finance.