Sequoia China News
22.02 / 10:51
markets
UPS
Platform
Research
Universities
International
The Hong Kong investor putting American money into China’s AI push
Subscribe to enjoy similar stories. HONG KONG—In his two decades at Silicon Valley venture-capital titan Sequoia, Neil Shen made billions by identifying and investing in every major tech company to emerge in China. Now, the Chinese billionaire is betting big on artificial intelligence, using American capital to fund Chinese firms competing in the global AI race.
01.07 / 09:29
markets
Blockchain
Digital
Platform
Sony
Trade
Japanese Tech Giant Sony Group Officially Enters Crypto Trading: Report
Japanese tech conglomerate Sony Group has acquired crypto firm Amber Japan, officially debuting into the crypto exchange arena.
08.08 / 10:31
regulation
regulatory
Binance Labs Maintains Dominance in Crypto Funding Despite Regulatory Challenges
Binance Labs, the venture capital arm of the largest cryptocurrency exchange, Binance, remains an active investor in the crypto space despite its parent company facing regulatory challenges and potential fraud charges.
15.08 / 19:07
business
Funding
Venture Capital
Bloomberg
acquires
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount — a move that managing partner Haseeb Qureshi said mirrors the broad consolidation trend underway in the industry.
12.08 / 13:21
12.07 / 22:39
business
Funding
Metaverse
Sandbox
Animoca Brands raises $75M to advance ‘open metaverse’ concept
Blockchain gaming and venture studio Animoca Brands has closed another strategic funding round, giving the company additional resources to expand its acquisition targets in the metaverse sector.
27.04 / 20:17
business
Funding
Venture Capital
Dragonfly Capital raises $650M in tertiary funding round
Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior rounds of $100 million in October 2018 and $200 million in December 2020.
24.02 / 13:13
UPS
Provident
Digital
Huobi
Genesis Trading
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.
22.02 / 09:25
business
Blockchain
Investments
Crypto trading firm Amber valued at $3B after big Singaporean investment
Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings.
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 / 01:31
Blockchain
Investments
Trading
Funding
Citadel Securities takes in $1.15B investment from Sequoia and Paradigm
Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel Securities’ shift toward new asset classes such as crypto.
29.12 / 07:32
business
Investments
coinbase
Funding
Sequoia China leads $25M equity round for DeFi wallet DeBank
DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China.
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