Startup

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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NASCAR links partnership with the startup behind a blockchain-based digital horse racing game

NASCAR links partnership with the startup behind a blockchain-based digital horse racing game

Can’t make it to a horse race in person? Have no fear, because you could soon be able to attend one in the metaverse. American auto racing company NASCAR has partnered with the developers behind the blockchain-based digital horse racing game ZED RUN to create a “brand new, futuristic fandom experience,” the Virtually Human Studio …

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Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

NFT platform development startup Dapper Labs valued at $7.5 billion

Dapper Labs, the NFT development platform behind NBA Top Shot, is raising money at a $7.5 billion valuation in a round led by Coatue Management, according to the tech news publication The Information.  The three-year-old Dapper Labs had just completed a $305 million funding round on March 30, which valued Dapper at $2.6 billion. That …

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Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

Dapper Labs, startup behind NFT platform NBA Top Shot, nabs $305 million in funding

The maker of the popular NFT platform NBA Top Shot has raised $305 million in a new funding round. Reports emerged Tuesday morning of the round, led by Coatue Management. The Block reported last month that Dapper Labs was raising a significant funding round led by Coatue, a billion-dollar investment firm with stakes in companies …

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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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This Paradigm-Backed Startup Is Offering DeFi's First 'T-Bill'

This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

“What is the time value of money?” That’s the age-old question Allan Niemerg, former investment head at DRW and founder of newly launched Paradigm-incubated Yield Protocol, is trying to answer with his new programmatic money market. Released publicly Oct. 19, Yield is jostling to join a $2.6 billion decentralized lending industry dominated by established players …

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Crypto exchange Kraken wants to hire an Ethereum evangelist

Ethereum scaling startup Optimism releases limited testnet of its Layer-2 solution

Optimism, the Ethereum scaling startup that is building a Layer-2 solution using a tool called optimistic rollup, has released the limited testnet of its network.  Optimism said it has opted for a gradual release process, where its network will be integrated with a small cohort of decentralized applications (dapps) one at a time, in order …

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DeFi dashboard startup Zapper nets $1.5 million in seed round

DeFi dashboard startup Zapper nets $1.5 million in seed round

The startup behind a user dashboard for decentralized finance (DeFi) has netted $1.5 million in seed round funding after winning Kyber’s DeFi Hackathon last year. Zapper enables users to manage their capital in the DeFi ecosystem from one UI. DeFiZap won Kyber’s Hackathon last November for a platform that allowed users to allocate across multiple …

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Another Bitcoin Lightning Startup Is Working With Visa to 'Fast Track' Card Payments

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

Last month, Bitcoin Lightning startup Strike announced  it would be working with the world payment giant Visa. Now, another startup in the same vein, LastBit, which just launched its app in beta, will be going through the same Visa Fast Track program.  This partnership will eventually make it possible for users to pay for items …

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