This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.
Blockchain Capital News
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The funds include $380 million for early stage investments and a $200 million "opportunity fund."
8977The venture capitalist predicted blockchain would perform based on its own fundamentals, similar to Amazon and Apple.
2497Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in the wider tech industry.
4686Blockchain Capital has attracted investment from PayPal, Visa, and other investors to the tune of $300 million for its Fund V LP.
5985Libra gets another member as it strives to have 100 entities on board.
6995Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs to further grow its services.
4160One of the 21 founding members of the Libra Association, Bison Trails, has raised $25.5 million from Blockchain Capital, Coinbase and ConsenSys.
2914A partner at venture capital firm Blockchain Capital says Bitcoin is a safe haven in the long run but it might not withstand severe crises.
16624Visa co-led a $40 million funding round in crypto startup Anchorage, marking its second-ever investment in a crypto startup.
13718BitGo clients will be able to hold their BCAP assets using qualified and regulated custody service BitGo Trust Company.
4548U.S.-based venture firm Blockchain Capital leads a $1.7 million seed round for blockchain compliance startup TRM.
3999A Blockchain Capital co-founder has led a $12.75 million Series A funding round for a digital securities startup based on blockchain technology.
5683SFOX, a U.S. cryptocurrency dealer for large-scale investors, has raised $22.7 million in a Series A funding round.
6924Optimism on Bitcoin’s price has spread to blockchain VC partner Spencer Bogart, who delivered a bullish forecast to CNBC.
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