Funding News

Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs to further grow its services.

Michael Novogratz’s Galaxy Digital launches two Bitcoin funds aiming to bring wealthy Americans to crypto markets.

Decentralized payment processing company Radpay has secured $1.2 million in a seed round, with the participation of investment firms Resiliency Ventures and Bla...

Decentralized finance (DeFi) lending protocol Compound secured $25 million in an investment round led by Andreessen Horowitz’s a16z Crypto.

Data analytics firm Messari closes a $4 million funding round led by Uncork Capital, with the participation of other top investors including Coinbase Ventures.

British cryptocurrency-friendly mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars.

Venture capital firm Andreessen Horowitz leads a $5 million funding round for Arweave, a blockchain startup focused on permanent online data storage.

Kadena launched its mainnet alongside its Kadena token wallet, and is planning its third token sale for Nov. 5–Nov. 22.

Oxford students will be invited to participate in the Zilliqa's $5 million Ecosystem Grant Programme.

Guangzhou government has announced a $140 million subsidy fund to encourage the development of blockchain initiatives.

The China Electronic Information Industry Development announced that Chinese blockchain enterprises exceed 700, with over 500 relevant investments reported.

Verisart, a company that certifies art authenticity through blockchain, raises $2.5 million to further expand its commercial platform.

The U.S. Department of Homeland Security has awarded a $143,000 contract to a Vienna-based firm to develop blockchain security solutions.

Blockstack PBC announces that it managed to raise more than $23 million in the first-ever SEC-approved token offering in the U.S.

Robinhood, a company with crypto trading options, has raised $323 million in its latest funding round, putting it at a $7.6 billion valuation.