Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z
Optimism, an L2 (Layer 2) rollup answer for Ethereum, has raised $150 million in its Series B funding spherical coming from large corporations within the...
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
On Monday, the workforce behind the Solana Web3 pockets platform Phantom introduced it had raised $109 million in a Series B fundraise. The crypto firm...
Report: A16z to Raise $4.5 Billion for Crypto Investments
A16z, a number one VC firm in crypto, is reportedly ramping up its investments within the area this 12 months. The firm is claimed to...
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups
Blossom Capital, the London-based enterprise capital agency based by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate extra funds to the...
Near Foundation Raises $150 Million to Bolster Web3 Adoption
On Thursday, the Near Foundation introduced the venture has raised $150 million from strategic traders corresponding to Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and...
Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the dangers from centralization,...
Mythical Games Raises $150 Million in Series C Funding Round Led by A16z
Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. The round was led by A16z, who is aggressively...
Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation...
Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC
The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run...
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment...