Dragonfly Capital – DIGIT INFO

Talent flocks to AI but ‘frothy’ market turns off VCs: Dragonfly Capital

DIGIT — Thu, 19 Sep 2024 10:06:53 +0000

Dragonfly Capital general partner Tom Schmidt urged crypto projects to consider whether they need venture capital funding.

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Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi

DIGIT — Thu, 23 Mar 2023 11:15:04 +0000

On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget Invests $30 Million in Bitkeep; Wallet Firm Is Now Valued at $300M Crypto […]

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Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

DIGIT — Sun, 26 Feb 2023 17:30:50 +0000

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with the highest amount […]

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Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round

DIGIT — Wed, 30 Nov 2022 09:00:51 +0000

Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where “a suite of financial products […]

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Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN

DIGIT — Sat, 01 Oct 2022 22:00:39 +0000

Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led […]

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Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

DIGIT — Sun, 07 Aug 2022 05:30:26 +0000

While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and […]

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LidoDAO rejects sale of 10M LDO tokens to Dragonfly Capital

DIGIT — Tue, 26 Jul 2022 01:50:48 +0000

The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising.

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Dragonfly Capital raises $650M in tertiary funding round

DIGIT — Wed, 27 Apr 2022 17:15:00 +0000

Dragonfly, a well-established figure within the venture capital scene, will utilize the capital to invest in early- to mid-term projects within the crypto ecosystem.

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Near Foundation Raises $150 Million to Bolster Web3 Adoption

DIGIT — Fri, 14 Jan 2022 08:00:00 +0000

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding

DIGIT — Thu, 21 Oct 2021 06:00:56 +0000

On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising funds from firms like Liberty City Ventures, Ubisoft Entertainment, Sequoia China, and Dragonfly […]

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