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The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and … Read more
Aleo will use the funds to support developers in building applications within its private and scalable platform. Go to Source Powered by WPeMatico
After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe. Go to Source Powered by WPeMatico
2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with the participation of other new investors. 2TM Gets … Read more
The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included Animoca Brands, True Global Ventures, Liberty City Ventures, and Galaxy … Read more
New ecosystem partners, attractive creator incentives and the successful completion of a $93 million funding round are a few reasons why SAND has rallied 393% in the past two weeks. Go to Source Powered by WPeMatico
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round. Go to Source Powered by WPeMatico
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and finance injections directed … Read more
The blockchain analytics firm have amassed data points on 98% of the market’s digital assets. Go to Source Powered by WPeMatico
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