Cryptonews Tags funding

# funding (Page 4)

Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore

Tokenize Xchange, a crypto exchange founded in 2017, has successfully raised $11.5 million in a latest funding round for expansion in Singapore. According to a recent report by The Straits Times, the Series A, Phase 2 funding round was led by the local venture capital firm Trive with other...

, by Hongji Feng

Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X

Point72 Ventures, an early-stage venture fund backed by Steve Cohen, is leading a $10 million Series A funding round in D2X, a Netherlands-based crypto derivatives exchange. In an announcement, D2X said the investment comes as it reached a “pivotal milestone” by becoming the first...

, by Tanzeel Akhtar

Arbitrum Community Reverses Decision on Funding Tornado Cash Developer Legal Defense

The Arbitrum decentralized autonomous organization (DAO) has retracted a proposal that aimed to provide financial support for the legal defense costs of Tornado Cash's developers.The proposal, which called for the allocation of approximately $1.3 million worth of Arbitrum (ARB) tokens from the...

, by Ruholamin Haqshanas

French Cryptography Startup Zama Raises $73M for Blockchain, AI Privacy Apps

French cryptography startup Zama has raised $73 million in a Series A funding round led by Multicoin Capital, Protocol Labs and participation from well-known crypto players such as Polkadot co-founder Gavin Wood, and Solana co-founder Anatoly Yakovenko. Zama is an open-source cryptography...

, by Tanzeel Akhtar

Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability

Avail's Goldberg testnet has successfully processed over 100 million transactions, marking a pivotal achievement in its preparation for a mainnet launch. https://twitter.com/AvailProject/status/1763635974427533722?s=20 According to the latest social media post by Avail, the Avail DA Goldberg...

, by Hongji Feng

5 Expert Tips for Crypto Startups Seeking Funding in Today’s Market

Venture capitalists are warming up to funding blockchain and crypto projects, ready to fuel the next wave of innovations. After two years of hardship, crypto entrepreneurs are now seeing a potential shift in fortunes, with Bitcoin's surge of over 30% in the past month reigniting interest in...

, by Shalini Nagarajan

Andreessen Horowitz Supports Crypto Startup EigenLayer With $100 Million Investment

Venture Capital firm Andreessen Horowitz has invested $100 million in crypto restating startup EigenLayer after its latest funding round. A new Bloomberg report shows the company backed the startup with a $100 million investment as it gains popularity with its restaking...

, by David Pokima

Startale Labs Secures $3.5 Million in Extended Seed Funding from Samsung and UOB

Startale Labs, a Singapore-based Web3 firm, has secured an additional $3.5 million in funding from Samsung Next and United Overseas Bank (UOB) Venture Management. According to a recent blog post by Startale, the newly acquired funds are set to fuel the expansion of the company's web3 product...

, by Hongji Feng

Crypto Market Recovery Triggers Increased VC Funding, Renewed Confidence

As the market enters a crypto bull run, this in turn is triggering positive sentiment with several venture capital investors firms eyeing up new projects to invest in. The last few years have been followed by scandals and the FTX collapse in the crypto space, but it seems the community is...

, by Tanzeel Akhtar

Crypto Funding Picks Up As Bitcoin Bull Run Sparks Fresh Interest

Crypto’s comeback year is getting even better, as venture capitalists are reentering the funding arena. Breaking a downward trend, VC investment in crypto startups climbed 2.5% to $1.9b in Q4 2023, marking the first such rise since Q2 2022, PitchBook data published Thursday...

, by Shalini Nagarajan

Analog Raises $16M in Funding for Cross-Chain Project, Reaching $120M Valuation

Analog has raised $16 million in the latest funding round to develop its cross-chain communication tools at a valuation of $120 million. According to a recent social media post by Analog, the funding round led by Tribe Capital has funneled $16 million to Analog. The company plans to utilize the...

, by Hongji Feng

Crypto VC Deals in 2023 Plunged 70% on Funding Constraints

Crypto venture capital (VC) funding dropped 70% in 2023, securing only about $10b in deal value. That's a drop from nearly $32b in 2022, which had nearly 90% more deals. Galaxy Digital published a report Wednesday showing venture deal activity in the crypto sector last year. It revealed...

, by Shalini Nagarajan

Bitget Launches $10M Fund to Support Female Led Startups in Web3

Cryptocurrency exchange Bitget has launched a new initiative dubbed the “Blockchain4Her” group which aims to support female-led businesses. It is no secret that the blockchain and Web3 sector has been historically male-dominated. Blockchain4Her will launch incubation programs...

, by Tanzeel Akhtar

Web3 Fundraising Fell 70% Per Quarter Last Year, Female Startups Receive 6.3%: Bitget

Cryptocurrency exchange Bitget has released a report on blockchain funding across 2022 and 2023 highlighting the latest trends including gender disparities in the present VC ecosystem. In a Jan 11 release, the exchange revealed that blockchain startups have received $27.85 billion...

, by David Pokima

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