Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.
Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.
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.
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.
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.
Internal documents show that Pantera Capital’s bitcoin fund is vastly outperforming its more exotic crypto-asset fund counterparts.
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 remote work become the norm, privacy-focused startups see COVID-19 as an opportunity to expand.
Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.
Crypto Finance AG’s $14.5 million funding round will go toward international expansion and courting institutional investors.
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.
Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.
The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.
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.
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.
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.
As younger companies are raising more, larger businesses didn’t come back for extra capital.
Polychain Capital, one of the crypto industry’s leading venture firms, is targeting $200 million for its second fund.
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered “no-loss lottery.”