The fund was announced during an uptick of institutional interest in crypto investments.
Venture Capitalist News
Venture Capital’s definition is a financing strategy of investors that provide capital for small startup companies to gain benefit from their growth in a long term. Venture capital is risky, as only a minority of startups gain financial success, but the payoff of the successful ones remains very attractive for venture capitalists. Venture capital is sometimes the only way for new companies to raise money, as they don’t have a long enough operating history to be founded in public markets and might not be able to secure a bank loan. A healthy venture capital system helps to develop a technologically advanced economy by financing promising projects. Venture capital is often used for fintech and innovation-based business. Many IT startups gained financing for their blockchain and cryptocurrency projects with venture capital.
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If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
6984Using a unique quantitative approach, ETHDenver speaker Brian Russ told attendees that ETH is fairly valued but could produce a 17x return by 2033.
11287In February, a diverse group of crypto startups announced recent funding raises, signaling that investor interest in crypto may be on the rise again.
16855Cointelegraph’s team is at Web Summit Qatar, covering key predictions for 2024 in venture capital, technology and beyond.
2594The key to avoiding startup stagnation is agility, according to Golden Gate Ventures’ Michael Lints and Plus Venture Capital’s Zainab Al Sharif.
2120Binance Labs is joining a group of venture firms and crypto ecosystems that invested $3.2 million in the startup seed round in January.
1789The investment comes as crypto-related venture capital funding has started increasing following the approval of spot Bitcoin ETFs.
4122Hack is looking to invest in the most “capital-efficient” DeFi projects and solutions that prevent smart contract and protocol hacks.
2343Ethena Labs believes that financial instruments tied to the U.S. dollar offer a new frontier for markets outside the United States.
9360- VC Roundup: Blockchain infrastructure, data analytics and BTC for DeFi catching investors' attention
Lava Protocol, Analog, Helika, Truflation, and Omega are among the startups securing funding in the first half of February.
5582 The funding is backed by several crypto projects and venture firms, including Near, Wintermute, Orange DAO, Quantstamp, Tribe Capital and NGC Ventures.
12691Axiom, Portal, HashKey, Kiln, Digital Infrastructure, Pontem and p0 are among the startups securing venture capital in January 2024.
3302Axiom proposes a new approach for accessing authenticated data on-chain through zero-knowledge technology.
33095Investors are focusing on more liquid, growth-ready startup opportunities as crypto venture capital continues to recover.
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