‘Not a classic VC’: Tether plans to invest up to $1B in one year
Tether’s VC arm has already spent about $2 billion on tech like AI and alternative financial infrastructure over the past two years. Go to Source
Venture Capital
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Avail secures $43M in Series A for Web3 unification
Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability. Go to Source
Crypto Startup Funding Hits $2.4 Billion in Q1
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from the previous quarter, even as global venture capital … Read more
Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more
This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX. Go to Source
VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investors
Funding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 infrastructure, and institutional demand amid the bull market. Go to Source
Venture capital pours $2.4B into crypto startups in early 2024
Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors. Go to Source
Pantera invests in TON with high expectations for Telegram’s future
The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegram’s 900 million monthly users, Pantera Capital said. Go to Source
VC Roundup: Gaming investments surge 94% in Q124 as market rebounds
This edition of Cointelegraph’s VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs. Go to Source
Here’s the 6 biggest crypto VC deals in Q1 2024 and late 2023
The volume of crypto VC funding in Q1 2024 surged for the first time since the start of the crypto winter in 2022. Go to Source
Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment
The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa The Ghanaian fintech startup, Zeepay, recently secured a $3 million … Read more
