Polychain – DIGIT INFO

Polychain, Franklin Templeton back Bitlayer’s $9M Series A extension

DIGIT — Tue, 08 Oct 2024 18:00:00 +0000

The Bitcoin layer-2 startup has raised more capital for its upcoming Bitlayer v2, bringing its total funding to $25 million to date.

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Crypto Biz: Consolidation ramps up among crypto firms

DIGIT — Fri, 23 Aug 2024 20:00:00 +0000

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

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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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Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility

DIGIT — Fri, 24 Feb 2023 15:30:16 +0000

Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to the Polygon Sealevel Virtual Machine (SVM). How Eclipse’s L2 Scaling Concept Hopes to […]

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Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

DIGIT — Fri, 18 Feb 2022 05:00:16 +0000

On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid […]

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Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

DIGIT — Fri, 17 Sep 2021 07:30:53 +0000

Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure […]

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Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns

DIGIT — Mon, 02 Aug 2021 13:43:18 +0000

Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over $1 billion. Matrixport Now Valued at $1 Billion, […]

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Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa

DIGIT — Sun, 30 Aug 2020 22:00:06 +0000

Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm Andreessen Horowitz, and Celo, […]

The post Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa appeared first on Bitcoin News.

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