Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

2023-11-10 19:00

The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.

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fund projects participating crypto early-stage mainly funding

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Major Milestone: Polkadot Treasury Funds Its First Set Of Projects

The fund management arm of the Polkadot team known as the Polkadot Treasury has just funded its first set of projects. The four projects include Redspot, the development environment, testing framework, and asset pipeline for pallet-contracts, Centrifuge and the Go Substrate RPC Client, Polkascan, and its essential infrastructure deployment project and Encointer, the quest for […]

2020-9-18 01:24


Circle & Coinbase’s USDC Hits $2B Market Cap; Launches Fund For Stablecoin-Backed Ventures

In a blog post this Wednesday, Coinbase Ventures, the investment arm of Coinbase, issued a ‘Request For Startups’ funding pool to pull developers to build USDC-backed projects. According to the statement, Coinbase is celebrating the latest milestone by USDC, a stablecoin built by Center, a collaboration between Coinbase and payments provider, Circle.

2020-9-17 17:30


Matic Network Launches A $5M ‘DeFi Incubation’ Fund Aiming To Challenge Ethereum’s Dominance

Over the past few months, the blockchain ecosystem has witnessed a huge growth in the number of DeFi projects with most of them built on the Ethereum platform. As the market for these “new fintech projects” products grows, Matic aims at pushing some of them to its blockchain from Ethereum. The Matic lead development team […]

2020-8-4 17:49


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Omise (OMG) Parent SYNQA Raises $80 Million to Bolster its Blockchain and Fintech Expertise

Omise (OMG) parent Synqa raised $80 million to bolster its work in digital currencies and financial services, the firm announced on June 22. Deploying Funds towards Financial Apps As per TechInAsia, Synqa raised the funds via Sparx, through the latter’s Mirai Creation Fund II that exclusively focusses on projects with an innovative business model usingRead MoreRead More.

2020-6-22 19:00


European Union Launches New Blockchain and AI Fund To Avoid Falling Behind US And China

The European Union (EU) and its commission have set up a new fund that will be dedicated to providing capital for artificial intelligence (AI) and blockchain projects in the region. According to the reports, the EU donated around $100 million EUR to the fund and private investors are expected to bring up at least $300 […]

2019-11-22 21:51