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
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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
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between artificial intelligence (AI) and blockchain technology. Space and Time … Read more
SOON closes funding round for Solana-based layer-2
Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others. Go to Source
Gameplay Galaxy raises $24M seed round for Web3 gaming platform
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million. Go to Source
Rumpel Labs to launch platform for tokenizing airdrop points
The protocol seeks to address longstanding limitations of airdrops. Go to Source
Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024. Go to Source
Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2. Go to Source