Ex-Citadel execs raise $50M for high-frequency crypto trading platform
Portofino’s backers believe that access to high-frequency trading, or HFT, could bring more hedge funds and institutional investors into crypto. Go to Source Powered by WPeMatico
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Animoca confirms $110M round led by Temasek, plans new acquisitions
Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto. Go to Source Powered by WPeMatico
Blockchain incubator valued at $100M following NGC Ventures-led Series A
PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program. Go to Source Powered by WPeMatico
Crypto Biz: You can’t stop the Tether FUD
This week’s Crypto Biz newsletter: The Wall Street Journal questions Tether’s business model; venture capitalists are scooping up crypto at rock bottom prices. Go to Source Powered by WPeMatico
Bnk To The Future eyes acquisition of crypto lender SALT
SALT is one of the first crypto lending platforms to offer dollar-denominated loans collateralized by Bitcoin and Ether. Go to Source Powered by WPeMatico
Alameda Research and FTX merge VC operations: Report
Alameda’s investment arm, FTX Ventures, and crypto exchange FTX will reportedly continue to operate independently from each other. Go to Source Powered by WPeMatico
Polygon founder Sandeep Nailwal launches $50M Web3 fund
Symbolic Capital has become the latest venture firm to focus heavily on Web3, gaming and NFTs. Go to Source Powered by WPeMatico
Metaverse promises: Future of Web3 or just a market gimmick?
The hype around metaverse has taken a hit after recent turmoil in crypto markets, but industry leaders and stakeholders still see it as the future of Web3. Go to Source Powered by WPeMatico
Crypto Biz: Crypto VC is back with a vengeance
Venture capital firms continue to pour billions into the crypto economy; this week saw the launch of two funds worth a combined $500 million. Go to Source Powered by WPeMatico
CoinFund launches $300M early-stage Web3 venture fund
The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds. Go to Source Powered by WPeMatico