raises

Blockchain tech firm Blockdaemon raises $155 million in Series B funding

Blockchain tech firm Blockdaemon raises $155 million in Series B funding

advertisement Blockdaemon, a New York-based startup that builds blockchain nodes and other tech, has raised $155 million at a valuation of $1.26 billion.  According to a release announcing the Series B funding round, SoftBank’s Vision Fund 2 led the round. New investors Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital participated in the round, …

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Big crypto VC deals have already doubled in 2021 compared to all of 2020

NFT scaling startup Immutable raises $60 million in Series B funding

advertisement The Australian startup Immutable, creator of the NFT-focused Ethereum Layer 2 protocol Immutable X, has raised $60 million in a new funding round — bringing its total raised to $77.5 million.  BITKRAFT Ventures and King River Capital co-led the round, according to a press release. Other participants included Prosus Ventures, Galaxy Interactive, Fabric Ventures, …

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Solana Labs raises $314 million in new funding round

Solana Labs raises $314 million in new funding round

Solana Labs, the developer of the Solana blockchain, has raised $314.15 million in a private token sale round led by Andreessen Horowitz (a16z) and Polychain Capital. Other participants in the round included Alameda Research, CMS Holdings, CoinShares, Jump Trading, Multicoin Capital, Sino Global Capital, and many others. The news comes a few days after some …

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Dapp data tracker DappRadar raises $5 million in Series A funding

Dapp data tracker DappRadar raises $5 million in Series A funding

DappRadar, a Lithuanian data tracking company for decentralized applications (Dapps), announced Friday that it raised $5 million in Series A funding. Lead investors in this Series A round were Prosus Ventures, Blockchain.com Ventures, and NordicNinja VC. According to the release, the startup will use the funding to boost its brand awareness and launch new products …

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Enjin raises nearly $19 million to build Polkadot-based NFT blockchain

Enjin raises nearly $19 million to build Polkadot-based NFT blockchain

Blockchain development firm Enjin has raised $18.9 million to build a Polkadot-based blockchain network, especially for non-fungible tokens (NFTs). The network, dubbed Efinity, will have its own token called Efinity Token (EFI), Enjin CTO Witek Radomski told The Block. And the funding has been secured via selling EFT tokens, said Radomski. Crypto.com Capital, DFG Group, …

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Crypto tax startup TaxBit raises $100 million in round backed by PayPal, Bill Ackman and more

Crypto tax startup TaxBit raises $100 million in round backed by PayPal, Bill Ackman and more

Utah-based crypto tax and accounting startup TaxBit has raised more than $100 million in a Series A round. First reported by Forbes, the round was led by investment companies Paradigm and Tiger Global, with participants including PayPal Ventures, Coinbase Ventures and Winklevoss Capital. The startup offers cryptocurrency tax software for crypto users, exchanges and vendors. …

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DeFi options platform Opyn raises $6.7 million Series A led by Paradigm

DeFi options platform Opyn raises $6.7 million Series A led by Paradigm

Opyn, a decentralized finance platform for options, has raised $6.7 million in a new Series A funding round. Industry venture capital firm Paradigm led the round, according to Opyn, with participation from existing investor Dragonfly as well as Synthetix co-founder Kain Warwick and Stani Kulechov, who founded Aave.  “The funds will be used to further …

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Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm. Announced Wednesday, Mexico City-based Bitso’s Series B also heralded the first investment in crypto by renowned fintech VC firms QED Investors and Kaszek Ventures, which led the fundraise. Also involved in the …

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