Why crypto startup funding has surged despite policy, legal woes

Why crypto startup funding has surged despite policy, legal woes

Funding in global and Indian crypto ventures hit a record high in 2021 despite uncertainties on legal and policy fronts. Blockchain platform Polygon recently raised $450 million. What has caused the spurt in investments in the last two years? What is the strategy behind private equity and venture capital investors’ bets in this emerging space … Read more

Crypto startup Helium raises $200 million

Axios recently learned that crypto startup, Helium raised $200 million in Series D funding at $1.2 billion valuations, with its new investors Tiger Global and FTX Ventures.  The company had previously raised $110 billion in VC funding and $111 million last summer in a token sale. The investment firm, Skybridge Capital, in the market with an … Read more

Crypto Trading Startup Mudrex Raises $6.5 Million in Pre-Series Funding; Details Here

Crypto Trading Startup Mudrex Raises $6.5 Million in Pre-Series Funding; Details Here

Bengaluru and San Francisco based crypto investing platform, Mudrex has raised $6.5 million in its pre-series round A funding from investors. Backed by startup accelerator company, Y Combinator, the crypto trading platform received fresh funding from Akram Ventures, Tribe Capital, and Bolt by QED. The new funding follows a $2.5 million seed funding that the … Read more

Startup Meld partners with banks to lend dollars against crypto

Startup Meld partners with banks to lend dollars against crypto

A few years ago, Ken Olling began seeing more of his friends invest the bulk of their salaries in cryptocurrency.“It got to the point where when I went out with my friends, all of them had seven-figure portfolios, but I was the one who was buying dinner,” said Olling, who is co-founder and CEO of … Read more

Tom Brady’s buzzy celebrity NFT startup Autograph banks $170M from Silicon Valley’s top crypto investors – TechCrunch

Tom Brady’s buzzy celebrity NFT startup Autograph banks $170M from Silicon Valley’s top crypto investors – TechCrunch

Autograph, an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding from crypto investors who hope the platform can bring a new generation of celebrities and their fans into the fold of crypto collectibles. The startup tells TechCrunch it has closed a $170 million Series … Read more

LinksDAO, a crypto-based start-up golf club, just raised $11 million

LinksDAO, a crypto-based start-up golf club, just raised $11 million

By: Josh Sens January 3, 2022 LinksDAO is aiming to shake up the traditional concept of the country club. LinksDAO Psst! Wanna join a first-of-its-kind private golf club? Mike Dudas is among those who would love to have you. He can promise you fellowship and friendly competitions, without any stuffy application process: no cocktail-party vetting; … Read more

Z Fellows wants to give you $10K to launch a crypto startup – TechCrunch

Z Fellows wants to give you $10K to launch a crypto startup – TechCrunch

Capital may help someone take the jump into entrepreneurship, but what about the activation energy to let them think that big in the first place? To Cory Levy, the latter has always been more important. The entrepreneur behind First Text, a low-friction service that connects founders to investors, launched Z Fellows last year to test … Read more

Microsoft leads $27 mln early-stage funding in crypto startup Palm NFT Studio

Microsoft leads $27 mln early-stage funding in crypto startup Palm NFT Studio

Dec 9 (Reuters) – Crypto startup Palm NFT Studio said on Thursday it had raised $27 million in an early-stage funding round led by Microsoft Corp’s venture fund M12 with participation from venture firm Griffin Gaming Partners.Palm NFT, co-founded by Joseph Lubin, offers services for artists to establish NFT marketplaces. Lubin was also one of … Read more

Crypto start-up forced offshore after alleged ASX bias

Crypto start-up forced offshore after alleged ASX bias

However, attitudes of many institutions in Australia have been slow to change, with numerous crypto businesses still weathering ‘debanking’ by the big four banks. Bitcoin and Ethereum exchange-traded funds were only approved by the corporate regulator this month.This stagnation has prompted industry criticism of major gatekeepers like the ASX, with Perth microinvesting startup Bamboo also … Read more

Crypto for corporate treasury startup Meow raises $5 million in seed funding

Crypto for corporate treasury startup Meow raises $5 million in seed funding

Meow, the future of modern, compliant investing for corporate treasuries, today announced that the company has raised a seed round of funding. Coinbase Ventures, Gemini Frontier Fund, Lux Capital, and a host of cryptocurrency luminaries including Jump Capital, Slow Ventures, Shine Capital, Castle Island Ventures, Acrylic, amongst others, participated in the round. Until now, corporate … Read more

ASX ‘bias’ forces crypto startup Bamboo to consider US listing

ASX ‘bias’ forces crypto startup Bamboo to consider US listing

A spokesperson for the ASX said the bourse was “very aware” of the growing interest and improving credibility of crypto businesses in Australia, but said it had to strike a balance to protect the interests of the overall market.“With regulatory guidance now in place for crypto ETFs, ASX is working closely with issuers and reviewing … Read more

Ubisoft Invests In Crypto Startup, Has Play-to-Earn Plans

Ubisoft Invests In Crypto Startup, Has Play-to-Earn Plans

Key Takeaways Game company Ubisoft discussed its plans for cryptocurrency in an earnings call that took place this week. The company has invested in blockchain startup Animoca Brands; it also plans to create play-to-earn features. Ubisoft has previously served as a node operator on public blockchains and created its own NFT series. Share this article … Read more

A Startup Paid a Facebook Designer $50,000 to Start a Crypto Company

A Startup Paid a Facebook Designer $50,000 to Start a Crypto Company

Party Round has announced a Facebook product designer as the winner of its BigTech Fellowship. Lauren Connolly is a single mom who has worked in Big Tech for over a decade. Her idea is to build a crypto-focused financial literacy platform. Lauren Connolly just won $50,000, so she quit her job at Facebook.For the past … Read more

Blockchain startup Arcana Network raises $2.3 million from Republic Crypto, others

Blockchain startup Arcana Network raises $2.3 million from Republic Crypto, others

Mumbai: Arcana Network, a blockchain startup that offers decentralised storage and data privacy platform for Ethereum, has raised $2.3 million led by Republic Crypto and Woodstock Fund. Digital Currency Group (DCG), Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital, LD Capital, and Paradigm Shift VC also participated in the round. The round also saw participation from a … Read more