Facebook announces $50M investment fund tasked with developing its virtual metaverse
Facebook has slated $50 million to be spent over the next two years through its XR Programs and Research fund. Go to Source Powered by WPeMatico
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African crypto exchange Yellow Card closes $15M Series A
Africa has emerged as a bastion for cryptocurrency adoption. Venture capital is looking to capitalize on the growing trend. Go to Source Powered by WPeMatico
Blockdaemon secures unicorn status with $155M raise
In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion. Go to Source Powered by WPeMatico
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments. Go to Source Powered by WPeMatico
Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures
Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures. Go to Source Powered by WPeMatico
One River Digital raises $41M from Goldman Sachs and Coinbase
One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts. Go to Source Powered by WPeMatico
Bitcoin miner Genesis Digital Assets raises $431M
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Go to Source Powered by WPeMatico
Coinbase Ventures, Samsung NEXT back Metrika’s $14M Series A
The advent of the blockchain-driven economy is attracting new demand for operational intelligence and monitoring services. Go to Source Powered by WPeMatico
Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio
Sorare attained a $4.3 billion valuation with a Series B funding round led by the Tokyo-based holding company. Go to Source Powered by WPeMatico
Bitcoin is great, but real crypto innovation has moved elsewhere
Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-2 solutions, DAOs, NFTs with utility and the emerging Metaverse. Go to Source Powered by WPeMatico