2018-6-30 06:11 |
New York-based Union Square Ventures is planning to invest in crypto and blockchain in the long-term, but will not start a separate fund
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Union Square Ventures (USV), a private equity and venture capital firm, has plans to invest in blockchain and cryptocurrencies over the course of the next 10 years, CNBC reports June 29. Speaking about initial coin offerings (ICOs), Wenger called them an “innovative new financing mechanism,” though he said they are not suitable for every blockchain
2018-6-30 08:32 | |
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In a whirlwind of funding activities, several projects in the blockchain and cryptocurrency space have recently secured significant investments from venture capitalist firms.
Movement Labs, a San Francisco-based blockchain developer, raised $38 million in a Series A funding round led by Polychain Capital. The funding is expected to support its mission to integrate Facebook’s Move Virtual Machine into Ethereum (ETH). This would address…
Although robust institutional interest in blockchain is undoubtedly encouraging, projects should know that it’s not their only opportunity to grow.
Venture capital (VC) investors kept busy this past week as Centrifuge, Crypto Valley Exchange and Nebra all clinched new rounds of funding.
Crypto.com’s venture arm has scaled back its investment activity as the sustainability of surging valuations in the sector becomes less evident. Crypto.com Capital, a venture arm of the company of the same name which had $500 million available for investments…
Lemniscap, a seven-year-old firm that has backed multiple companies in the crypto blockchain space, is adding another startup to its portfolio.
Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks.