Mercy Corps CIO explains how NGOs can integrate blockchain to amplify their efforts
Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how. Go to Source
Venture Capital
Auto Added by WPeMatico
Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund
The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem. Go to Source
AI startups draw record $11.8B funding in Q3
According to Stocklytics, AI startups accounted for 30% of total venture capital funding in the third quarter of 2024. Go to Source
DMCC and CVVC Partner to Drive Web3 Innovation
The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to support the Web3 ecosystems in Dubai and Switzerland. The partnership aims to foster collaboration, knowledge sharing, and innovation in blockchain technology. Both organizations believe this collaboration will accelerate Web3 adoption and drive business innovation globally. … Read more
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million. Go to Source
Borderless Capital announces $100M for third DePIN fund
Borderless’ third fund targeting DePIN projects is backed by peaq, the Solana Foundation, Jump Crypto, and IoTeX. The DePIN market is expected to reach $3.5 trillion by 2028. Go to Source
Dragonfly Capital eyes $500M for fourth crypto fund
Dragonfly’s new crypto fund will target early-stage projects in the crypto space. Over 100 digital-asset startups are part of the firm’s portfolio. Go to Source
DePIN to be ‘crypto’s next big use case’ — MV Global
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology. Go to Source
Parafi Capital’s $120M fundraise signals renewed growth for crypto funds
Crypto firms, VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment. Go to Source
Lemniscap secures $70M to back early-stage Web3 startups
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems. Go to Source
