Funding News

Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the source or agenda is.”

The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.

The anonymous group of crypto developers is promoting the use of a decentralized autonomous organization to govern an alternative version of the internet.

Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan.

With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.

The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market.

Transform Ventures was founded by Michael Terpin, a crypto investor who previously sued a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone.

Kresus’ SuperApp aims to bridge more everyday consumers to digital goods, NFTs and other Web3 products and services.

"NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm.

While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda.

The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins.

This Cardano-based platform enables ADA holders to participate in Web3’s most innovative staking pools.

The company said the funds would be invested into early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network.

Mantle is an Ethereum layer-2 network developed by the BitDAO ecosystem. The fund aims to boost the adoption among developers and DApps.

The Israeli startup Chain Reaction raised $70 million in its pursuit of developing blockchain chips.