City Venture Financial News
28.01 / 00:37
business
Ripple
SEC
Funding
Crypto Biz: Ripple takes the high road, Jan. 20-26
Blockchain payments company Ripple made it abundantly clear this week that it's not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that it issued to private investors back in December 2019 — even though a court ruling in 2021 said it didn't have to.
27.01 / 15:32
business
Funding
Venture Capital
Financial Services
Crypto infrastructure firm Fireblocks valued at $8B following $550M raise
Digital asset custody platform Fireblocks has raised $550 million in Series E funding to become one of the blockchain industry’s most valuable companies, underscoring heightened institutional appetite for cryptocurrency products despite extreme price volatility.
27.01 / 15:31
business
Funding
Venture Capital
Taxes
Crypto tax calculator CoinTracker valued at $1.3B following $100M raise
Cryptocurrency portfolio tracker and tax calculator CoinTracker has attained “unicorn” status after raising $100 million in Series A financing, demonstrating once again that investors are allocating vast sums of capital toward crypto-focused companies.
26.01 / 16:59
business
cryptocurrency
SoftBank
FTX
Crypto exchange FTX US valued at $8 billion as first fundraise draws SoftBank, Temasek
Cryptocurrency exchange FTX US said on Wednesday it had notched a valuation of $8 billion after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings.
26.01 / 13:23
business
Investments
valuation
Crypto exchange FTX US closes $400M funding round to reach $8B valuation
Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.
26.01 / 12:47
cryptocurrency
SoftBank
Bitcoin
Crypto Exchange FTX US Valued At $8 Billion After $400 Million Fundraise
Chicago-based FTX US was launched in 2020.
25.01 / 21:13
defi
Investments
DEX
ICO
veteran
Why crypto industry needs venture capital: Q&A with veteran investor
Traditional funding in the crypto space was once considered useless. After all, the industry itself offers different, controversial, but nonetheless, ways to fund a project – initial coin offering (ICO), initial exchange offering (IEO) and the current darlings of offerings – launchpads and initial decentralized exchange (DEX) offerings.
25.01 / 12:57
Blockchain
Provident
Digital
$75M Capital Raised by Blockchain Founders Fund for Metaverse and Web3
Singapore-based venture capital Blockchain Founders Fund (BFF) has announced the launch of a new Venture Capital Fund II to support emerging projects in the cryptocurrency, Metaverse and Web3 space.
24.01 / 23:37
business
Funding
Metaverse
Venture Capital
Web3 Projects
$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects
Singapore-based Blockchain Founders Fund has launched a new venture capital fund to support emerging projects in the cryptocurrency, metaverse and Web3 sectors, offering further evidence that investors are still keen to back major growth trends in the digital asset market.
20.01 / 17:04
Blockchain
DAO
Internet
NOT
Web 3.0 needs more users, not more investors
The wide world of crypto has always been made up of people who know a lot about money. After all, cryptocurrencies themselves are financial products.
20.01 / 05:33
19.01 / 23:55
business
NFT
Funding
Marketplace
Tom Brady's NFT platform Autograph raises $170M to scale operations
The nonfungible token marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round.
19.01 / 18:03
business
Google
Africa
a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st
Web3 and social games publisher Carry1st has raised $20 million in Series A funding to further expand product development in Africa — a continent that could become the premier hub for the gaming industry over the next decade.
18.01 / 15:33
business
Funding
Metaverse
Venture Capital
NFT-focused Animoca Brands valued at $5B following $358M raise
Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022.
13.01 / 20:25
business
CFTC
Venture Capital
Bitcoin Regulation
Former CFTC chair Giancarlo joins CoinFund as an adviser
Blockchain investment firm CoinFund has appointed former United States commodities regulator J. Christopher Giancarlo as a strategic adviser — a move that should help the Brooklyn-based company navigate the complex, ever-changing regulatory requirements in its home country.
13.01 / 17:17
business
Funding
Venture Capital
inflation
Crypto heavyweights back inflation-resistant savings protocol
Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app — a timely initiative as consumers struggle with the pressures of rising costs.
11.01 / 18:43
business
Binance
Funding
Venture Capital
Binance Labs backs $200M Oasis Ecosystem Fund
Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200 million ecosystem development fund, sending a strong signal that major investors were still keen to back emerging projects on alternative blockchain networks.
05.01 / 11:47
Ethereum
NFT
regulation
Venture Capital
OpenSea raises $300 million for encrypted digital marketplace
The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse.
04.01 / 17:09
business
Developers
Funding
Metaverse
NFT-focused holding company raises $50 Series A
Digital asset curator Metaversal announced Tuesday that it has completed a $50 million funding round to further expand its investment capabilities in the nonfungible token (NFT) and metaverse sectors.
23.12 / 21:39
business
Funding
Venture Capital
Crypto Biz: What's up with Jack? Dec. 16-23
When you're no longer at the helm of a publicly-traded company, you have more leeway to express controversial views. Former Twitter CEO Jack Dorsey took to social media this week to express his discontent over venture capital's role in Web 3.0. Some of his Twitter followers agreed with his views, others disagreed and some even blocked him entirely.
23.12 / 00:59
business
Funding
Venture Capital
NFT-collateralized loan platform Arcade raises $15M in funding round
Arcade, a platform that allows users to utilize nonfungible tokens as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital.
breaking news about city Venture
What is the current situation in city Venture?
In city Venture, the spotlight is on socially significant developments that affect the region’s daily life.
Where can I find reliable news about city Venture?
We publish verified updates about the situation in city Venture, based on information from official representatives.
What shapes the media agenda in city Venture?
The news landscape of city Venture is shaped by major cultural and social events, reflecting its local way of life.