Solana to set up a $100 million fund to back Web3 startups in South Korea
Solana Ventures and the Solana Foundation established a $100 million fund to invest in South Korean startups with a focus on DeFi, NFTs, and GameFi.News and analysis on venture investments in the cryptocurrency market.
Solana to set up a $100 million fund to back Web3 startups in South Korea
Solana Ventures and the Solana Foundation established a $100 million fund to invest in South Korean startups with a focus on DeFi, NFTs, and GameFi.
Media: Investors trim BlockFi valuation from $5 billion to $1 billion.
The crypto lending platform BlockFi is preparing to close a new funding round at a $1 billion valuation.
Indonesian bitcoin exchange Pintu raises $113 million in Series B
The Indonesian-based cryptocurrency exchange Pintu raised $113 million following its Series B funding round.
SoftBank backs InfStones in $66 million funding round
InfStones, a blockchain infrastructure provider, announced a $66 million funding round led by SoftBank via Vision Fund 2 and GGV Capital.
Binance Labs launches $500 million fund to develop Web3 projects
The venture arm of Binance announced the launch of a $500 million fund focused on DeFi, NFTs, gaming, metaverses and social networks. Partners include DST Global Partners and Breyer Capital, The Block reports.
Akatsuki launches $20 million Emoote fund focused on Web 3.0
The Japanese company Akatsuki Inc. announced the creation of the Emoote fund with $20 million. The structure will focus on investments in Web3 projects.
Morgan Stanley: Crypto venture-capital activity remains high
The number of venture deals in the crypto industry remains high, despite a deep market correction. This is reported in a Morgan Stanley report obtained by CoinDesk.
Infrastructure startup Merge raises $9.5 million
The infrastructure startup Merge has closed a seed funding round of $9.5 million. It was led by Octopus Ventures with participation from Hashed, Coinbase Ventures, Ethereal Ventures and Alameda Research.
JPMorgan joins Elliptic in Series C funding round
Analytics firm Elliptic announced that JPMorgan, a financial holding, would join as an additional investor in a Series C round.
Former Binance executives launch a $100 million fund focused on metaverses
Former Binance senior executives Lin Zhang and Wayne Fu have launched the $100 million multi-strategy fund Old Fashion Research. The vehicle, focused on metaverses, will also promote digital assets in developing economies.We use cookies to improve the quality of our service.
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