Funding Financial News

16.01 / 10:59

Funding Bitget Support Bitget Launches $10M Fund to Support Female Led Startups in Web3

Cryptocurrency exchange Bitget has launched a new initiative dubbed the “Blockchain4Her” group which aims to support female-led businesses.

29.11 / 14:45

business Blockchain Adoption defi Funding Venture Capital Terra Luna valuation Wormhole raises $225M at $2.5B valuation

Cross-chain protocol Wormhole has secured a $225 million investment at a valuation of $2.5 billion.

28.11 / 20:19

business Funding NVIDIA Quantum Computing Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI

Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100-million Series B funding round led by Japan’s SBI Group’s investment arm.

22.11 / 20:51

business Binance Department Of Justice Funding No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen

Blockchain analytics firm Nansen reported that following a settlement for civil and criminal charges against Binance and CEO Changpeng “CZ” Zhao, outflows from the crypto exchange didn’t result in a “mass exodus of funds.”

21.11 / 14:57

Funding UK industry Chancellor of the Exchequer pension Chancellor Hunt earmarks £320m for funds backing UK innovation

Jeremy Hunt (pictured), Chancellor of the Exchequer Credit: UK Parliament

15.11 / 00:49

business Adoption Investments Funding Venture Capital valuation Blockchain.com $110M funding round halves its 2022 valuation: Report

Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.

14.11 / 12:13

business Funding Bitcoin Owner of Hong Kong crypto exchange OSL secures $90M investment

BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX.

14.11 / 10:33

business Blockchain Funding goldman sachs Venture Capital Banks Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report

Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.

08.11 / 20:37

business Blockchain Funding bitcoin fund HKEX-listed tech firm launches $15M Bitcoin fund

Linekong Interactive, a gaming and film production company headquartered in Beijing and listed on the Stock Exchange of Hong Kong (HKEX), is allocating $15 million to invest in projects building on the Bitcoin network.

08.11 / 14:19

business Adoption Funding Donations How decentralized platforms democratize crypto funding initiatives

While the prevailing traditional financing models resulted in the crypto and blockchain sector raising billions of dollars over the years, they are not without weaknesses, according to Project Catalyst’s group product manager.

08.11 / 06:17

business NFT Investments Funding Opensea stake OpenSea investor marks down stake in platform by 90%: Report

United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%.

07.11 / 19:51

business Blockchain Web3 Funding Startups Vietnamese Web3 coalition Ninety Eight launches $25M ecosystem fund

Vietnamese Web3 coalition Ninety Eight, creator of the Coin98 decentralized finance (DeFi) ecosystem, has launched a $25 million ecosystem fund dedicated to accelerating Web3 startups in Asia.

07.11 / 19:51

business Technology Funding IBM generative AI IBM launches $500M fund to develop generative AI for enterprise

IBM announced the launch of a $500 million Enterprise AI Venture Fund on Nov. 7 that, according to the company, will be focused on “accelerating generative AI technology and research for the enterprise.”

02.11 / 10:29

Funding Modulus Labs Completes $6.3 Million Funding to Integrate Cryptographic Security Into AI

Artificial Intelligence (AI) startup Modulus Labs, a project that integrates AI and crypto, has raised $6.3 million in seed funding.

25.10 / 02:11

Blockchain Adoption Cybersecurity security Funding services Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs and infrastructure services

Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure.

17.10 / 16:20

business Blockchain Ethereum Funding layer2 Immutable delays $67M token vesting by another year

Developers of Ethereum layer-2 nonfungible tokens (NFT) scaling solution Immutable (IMX) will delay the vesting of 125 million IMX in token rewards, worth $67 million at the time of publication, to July 2024.

10.10 / 10:29

business Binance Investments Funding Bitcoin recovery Binance tight-lipped on projects funded by $1B crypto recovery fund

Binance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the aftermath of the FTX collapse, may not have been as effective as desired, a new report suggests.

06.10 / 09:17

Blockchain DEX Decentralized Exchange Funding THORSwap goes into 'maintenance mode' to counter illicit funds movement

THORSwap, a decentralized exchange (DEX) powered by multichain THORChain, has entered maintenance mode to prevent bad actors from moving illicit funds through the platform.

05.10 / 15:45

business Blockchain Funding Venture Capital Research Crypto VC funding falls to 3-year lows as market rout continues

Startup funding in the crypto industry has fallen back to Q4 2020 levels amid the ongoing cryptocurrency bear market.

05.10 / 08:29

Blockchain Adoption Funding Venture Capital Hong Kong crypto VC opens $100M fund for Asian blockchain startups

Hong Kong-based crypto-focused venture capital firm CMCC Global has raised $100 million aimed at supporting Asian blockchain startups.

29.09 / 20:33

Government regulation Funding policies Industry leaders and policymakers weigh in on a potential US gov't shutdown

The United States House of Representatives has rejected a bill passed on by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with far-right lawmakers in the House — all actions suggesting that the U.S. government is heading toward at least a partial shutdown starting on Oct. 1.

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