Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand GloballyWeb3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60 […]

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VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’

A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin […]

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Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others

CertikCertik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik reached via its last […]

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Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability

Layerzero Labs Secures $135 Million to Bolster Cross-Chain InteroperabilityLayerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications […]

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Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary

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 […]

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FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation

FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion ValuationFollowing the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 […]

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Moonpay Raises $555 Million in First Funding Round

moonpayMoonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that Moonpay provides is key to several hundred wallets and services […]

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FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation

FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion ValuationThe digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21, FTX said the firm’s estimated valuation is […]

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Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion

Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International ExpansionU.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive officer Austin Woodward said the funds will be invested in […]

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