Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain.
Web3 Payments Firm Transak Raises $20M
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
Other investors in the Series C round included Bain Capital Crypto and Distributed Global.
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.
LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.
Singaporean family office to set up digital bank in Bahrain
Whampoa Group started its digital asset arm in 2021 and has invested in a $500 million Binance Labs fund along with TikTok parent ByteDance.
Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
The pre-seed funding extension was led by Superscrypt, and Polygon was a prior investor.
Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center
Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round.
Peter Thiel Backs Bitcoin Startup River in $35M Round
The Series B round for the Bitcoin financial services provider was led by Kingsway Capital.
Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M
The Bitcoin miner backed the web infrastructure startup, and CEO Fred Thiel sits on the board.
Polygon Co-Founder Launches Web3 Fellowship Program
Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year.
Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
Applying rehypothecation onto bitcoin or crypto ignores the fundamental essence of these assets arising from a core bitcoin innovation, Christopher Calicott writes.
Zero-Knowledge Privacy Startup Webb Protocol Raises $7M
Polychain Capital and Lemniscap co-led the seed round for the bridge protocol.
Alchemy Ventures Backs $4M Round for NFT Platform Vibe
The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.
OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products
The platform will offer liquidity pools for U.S. Treasury bills, later this year.
New Crypto VC Firm Credibly Neutral Raises $5.5M
The developer-led firm received funds from the founders of the Polygon and Solana blockchains, among others.
Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.
Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
a16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture capital giant, a person familiar with the plans said.