PolyChain Capital – DIGIT INFO

Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities

DIGIT — Thu, 29 Aug 2024 04:30:35 +0000

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According to […]

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Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn

DIGIT — Mon, 19 Aug 2024 13:00:00 +0000

Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications.

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2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities

DIGIT — Tue, 07 May 2024 21:32:31 +0000

On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]

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Polychain Capital, Coinfund raise $350M for new crypto funds: Report

DIGIT — Wed, 19 Jul 2023 01:34:00 +0000

Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million.

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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

DIGIT — Fri, 14 Oct 2022 11:30:48 +0000

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized […]

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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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Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round

DIGIT — Wed, 21 Sep 2022 10:00:41 +0000

Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of New Products Yellow Card, an Africa-focused cryptocurrency exchange, […]

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Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions

DIGIT — Thu, 11 Aug 2022 03:30:06 +0000

On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate a major source of greenhouse […]

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Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn

DIGIT — Wed, 24 Nov 2021 04:30:08 +0000

The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn Foundation Secures $20 Million NFT marketplaces and web platforms have seen […]

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Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

DIGIT — Fri, 19 Nov 2021 17:40:46 +0000

Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.

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