venture capital

Cross-chain protocol Wormhole has secured a $225 million investment at a valuation of $2.5 billion.According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, and Arrington ...

Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution." The VC firm is a seed investor in Blast.The head of research at Paradigm, Dan Robinson, shared a statement on X (formerly T ...

The board of directors at OpenAI, the developer of ChatGPT, are reportedly receiving criticism from investors for the decision to terminate its CEO Sam Altman.According to a November 19 Bloomberg report, citing people familiar with the matter, investors of OpenAI are reportedly in contact ...

Binance Labs, the venture capital arm and incubator arm of Binance, said on Nov. 15 that it has invested in Arkham (ARKM), the native token of the “deanonymizing” blockchain platform Arkham.The company said in a blog post on the website that the investment aims to support “on-cha ...

Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.In a Nov. 14 blog post, Blockchain.com said the closing of its Series E round was led by the United Kingdom-base ...

Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.Fnality has raised 77.7 million British pounds ($95.09 million) in a second round of funding, Re ...

Venture capital firm Lightspeed Faction has created a $285 million fund for crypto startups, according to a Nov. 9 announcement. The fund will focus on “early stage blockchain projects” and will also provide capital as these projects scale, the announcement stated. ...

Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto venture capital arm Spartan Capital has made a follow- ...

El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to  Gabor Gurbacs, strategy advisor of investment management firm VanEck.“I say often to portfolio managers and asset allocators that El Salvador has the potential to become th ...

Web3 startups often grapple with unique challenges within the evolving ecosystem, including navigating complex regulatory frameworks and scaling while adhering to decentralization principles. Moreover, the recent decline in venture capital investment in Web3 startups has created a need for additiona ...

Venture capital has been a key driver for myriad startups in the blockchain space. Founders know how competitive it can be to secure valuable VC funding that can keep the lights on and employees paid during the critical first days of a new project.In a new interview series, Cointelegraph s ...

A group of cryptocurrency venture investors has established a $20 million fund to invest in undervalued Web3 projects and companies focused on blockchain gaming and digital collectibles.Alpha Protocol Ventures (APV) will look to invest in a variety of projects across the Web3 ecosystem, CE ...

Artificial intelligence could be the missing piece for decentralized autonomous organizations (DAOs), while trained AI models could become valuable assets on-chain, according to the co-founder of Framework Ventures.Speaking to Cointelegraph on Sept. 5 at Korea Blockchain Week, Vance Spence ...

Venture capital firm Vessel Capital has announced a $55 million fund to invest in Web3 infrastructure and applications, TechCrunch reported. According to the founders, their goal is not to scale, but rather to assist crypto founders working on early-stage startups to launch and grow their project ...

July saw a drop in capital inflows from venture capitalists by 10.26% resulting in $700 million raised according to Cointelegraph Research VC Database. The last two months rejected the potential upward trend, as it seems that macroeconomic conditions revolving around the United States Federal Res ...

As the bear market keeps slashing venture capital investments in the crypto industry, alternative funding options, such as grants, have been gaining traction as a means of supporting the community while enabling the growth of established projects. According to Blockchain Grants, at least 40 c ...

The agreement will integrate SK Telecom's TopPort platform and cryptocurrency wallet into the Polygon ecosystem. The company's venture capital arm will also participate in funding South Korean startups, according to a press release. Before that, SK Telecom investe ...

Venture capital interest in cryptocurrency has decreased significantly since the bull run of 2021. At $2.3 trillion in market capitalization, every VC wanted a piece of the industry.The picture is now very different. Another dominant force in the market has attracted the vast majority of v ...

Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a July 27 Wall Street Journal report, the tech-focused VC firm told investors in March i ...

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. According to Binance, ...

The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research Venture Capital Database. While the United States Federal Reserve halted interest rate hikes in June, the ...

When bringing a new crypto to market, the fastest way to do so is arguably with the help of venture capital (VC) financing. But such a high-risk, high-reward operation in a rapidly evolving field can carry a large degree of uncertainty. At the Ethereum Community Conference event in Paris, several ...

Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund, with respective reported raises of $200 million for a new investment fund and $152 million for a seed fund.A July 18 Forbes report said Polychain’s $200 million sum was raised in the &ld ...

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent report.Published by crypto investment firm Galaxy Digital on July 14, the report stated that ...

Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years.Blockstream CEO Adam Back highlighted the juxtaposition between the lack ...

The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto entrepreneurs face challenges under tough macroeconomic and regulatory conditions, according to Animoca Brands CEO Yat Siu. Speaking w ...

On June 21, Open Exchange (OPNX), a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed “3AC Ventures." According to developers, “the partnership will invest in projects building in the OPNX ecosystem and working towards a decentraliz ...

Crypto venture capital investments were on the rise for the second month in a row in May despite the generally declining economic backdrop. Funding amounts surged 34% from April, and the number of individual deals jumped 62%, according to data from Cointelegraph Research’s Venture Capital Databas ...

A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter.This en ...

Cointelegraph presents Pitch Room, a new stage in the effort to boost innovation in the crypto space, dedicated to investors interested in deal flow. Pitch Room opens doors for promising startups in the Web3 space, exploring new markets and building solutions with the potential to disrupt ...

Venture capital firm Sequoia Capital announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian markets separately. The move, announced on June 6, is intended to decentralize back-office functions for ...

PKO Bank Polski decided to hold a job fair in Decentraland for the sake of finding IT professionals Polish bank PKO Bank Polski is holding a virtual job fair called Virtual PKO Rotunda in the virtual reality (VR) project Decentraland from May 30. This was announced by the financial institution ...

Sekoia analysts have reported that the North Korean hacker group BlueNoroff is attacking macOS users with a malware called RustBucket. The malware report was originally published by the Jamf platform. It was later supplemented and analyzed by the Sekoia team. Software ...

Auradine raised the most money at $81 million; Six projects did not disclose the amount of investment The most active funds this week were Hashed Emergent, CoinSwitch and Coinbase Ventures All of them participated in two rounds of funding ...

Cryptocurrency investment company Hashkey Group plans to raise up to $200 million by taking advantage of Hong Kong digital assets. It writes Bloomberg. The HashKey Group itself is now valued at more than $1 billion. The company is ...

Athereum, Polygon and Solana co-founders invested in the startup The company plans to invest in cryptocurrency software projects Cryptocurrency venture capital firm Credibly Neutral received a $5.5 million investment.. The project was funded by a group of inve ...

The company is now valued at about $27-29 billion External investors now own more than 30% of OpenAI The OpenAI startup has received new funding of $300 million by selling shares. Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global and Fou ...

Venture capital investments in crypto projects in Florida's capital city decreased by 92% in the first quarter of the year, while funding for start-ups from Silicon Valley fell by 53%. According to observers, the fall in investment interest in crypto-currency projects in Miami was partly due to t ...

The Sandbox universe is having a land sale in the Mega City 3 location and launching a new NFT collection The Sandbox universe is launching a land sale in a new location in the virtual world of Mega City 3, which is inspired by the megacities of China. The new virtual space will open on April ...

According to Chris Burniske, a venture capital investor and partner at Filler, the cryptocurrency market is set to experience significant growth in the near future. Burniske is optimistic that the price of ETH will rise to $10,000 in the foreseeable future, representing a potential increase of 43 ...

Bitget, the international crypto derivatives exchange based in Seychelles, has established a new $100 million fund to foster the growth of Asian Web3 projects. The Web3 space is expanding at an unprecedented pace, and many projects require financial support to realize their full potential. The ...

An Armenian entrepreneur made a smart investment move in 2014 by purchasing 50,000 Ether at a mere $0.3 per coin for a total of $15,000. Fast forward to today, and his investment is now estimated to be worth a staggering $82.3 million at the current exchange rate. Alexis Ohanian, co-fou ...