Funding Financial News

24.05 / 10:25

business Blockchain Web3 Funding Venture Capital Foresight Foresight Ventures pledges additional $10M for Web3 accelerator

On May 24, Singaporean venture capital firm Foresight Ventures announced that it would pledge an additional $10 million to its Foresight X Accelerator, bringing its total to $20 million. The move comes as the firm opens the second phase of accelerator applications, which will focus on Web3 projects building in the artificial intelligence (AI), zero-knowledge (ZK), machine learning, Bitcoin (BTC), liquid staking derivatives, and nonfungible token ecosystems.

24.05 / 07:17

business Technology Funding AI developer Anthropic raises $450M in Series C round

On May 23, artificial intelligence (AI) safety and research company Anthropic announced that it had raised $450 million in Series C funding led by Spark Capital, with additional participation by Google, Salesforce Ventures, Sound Ventures and Zoom Ventures.

24.05 / 07:17

Blockchain defi solana Funding Solana integrates AI into blockchain, raises grants fund to $10M

On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs.

24.05 / 07:17

business Blockchain Web3 Funding Venture Capital Press Release Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’

Early-stage venture capital firm Dispersion Capital recently exited stealth to launch a $40 million fund for startups working on infrastructure for Web3 projects.

21.05 / 15:19

markets Ethereum Funding Derivatives Bitcoin Options DAI Bitcoin Bears Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest

A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks, driving the total market capitalization to its lowest level in two months at $1.13 trillion. According to two derivative metrics, crypto bulls will have a hard time to break the downtrend, even though analyzing a shorter timeframe provides a neutral view with Bitcoin (BTC), Ether (ETH) and BNB, on average, gaining 0.3% between May 12 and May 19.

20.05 / 15:09

business Investments Funding cryptocurrency investment Index Funds hedge fund Bitcoin How crypto funds shape the development of the digital asset market

A crypto fund is an investment fund that primarily focuses on investing in cryptocurrencies or digital assets. It allows investors to gain exposure to the crypto market without having to purchase individual coins or tokens themselves. Instead, these funds pool money from multiple investors to purchase various cryptocurrencies, often including Bitcoin (BTC), Ether (ETH) and other popular tokens.

17.05 / 18:33

business Blockchain Hackers hacks Funding Rewards BUG Bug Bounty LayerZero partners with Immunefi to launch $15M bug bounty

Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program.

12.05 / 08:53

business Funding Venture Capital Crypto VCs made $2.6B worth of deals in the first quarter of 2023

While the crypto space still suffers a bear market, venture capital (VC) firms have still managed to make a number of deals at the start of 2023, proving that the space is very much alive even in what many would call a “crypto winter.”

10.05 / 16:05

business Binance NFT Funding Venture Capital BSC BNB NFT marketplace Tabi raises $10M in angel funding

Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10.

04.05 / 11:15

business Blockchain Web3 Funding Bitget pledges $10M for Blockchain4Youth corporate responsibility project

On May 4, cryptocurrency derivatives exchange Bitget announced it would allocate $10 million over five years for its novel corporate social responsibility project. Dubbed "Blockchain4Youth," the project will provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities worldwide. In addition, Bitget staff wrote:

03.05 / 17:07

business Blockchain Funding Venture Capital Fuse blockchain pledges $10M for ecosystem development

On May 3, layer-1 blockchain Fuse announced that it would pledge $10 million to “reinvigorate the Fuse ecosystem and drive growth in multiple areas.” The program, dubbed “Fuse Ignite,” is structured between liquid incentives and grants. As told by developers:

27.04 / 12:29

business Funding Banks Bitcoin Standard Banks bullish on crypto: Standard Chartered’s Zodia raises $36M

Global banks continue to expand their cryptocurrency-related capabilities, with the British multinational bank Standard Chartered raising new funding for its crypto platform Zodia.

24.04 / 18:35

business defi Funding Futures Derivatives Bitcoin Options Ethereum Options DeFi options protocol raises $17M for buy-side marketplace

Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of coins, according to an April 24 announcement from the team.

20.04 / 20:53

business Funding Venture Capital Cloud Mining Former Ethereum miner CoreWeave raises $221M in Series B

On Apr. 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies.

18.04 / 15:05

Funding Bitcoin Multisignature services Unchained raises $60M to offer collaborative custody Bitcoin services

The bear market grind has not deterred a $60 million raise from a Bitcoin-only company.

18.04 / 12:33

business Blockchain Technology Investments Web3 Funding Decentralization Aleph Zero launches $50M ecosystem funding program

Aleph Zero is launching a $50 million Aleph Zero Ecosystem Funding Program, the layer-1 privacy-enhancing blockchain announced on April 18. The nonprofit Aleph Zero Foundation overseeing its development of Aleph Zero aims to support developer teams to build on its platform and advance blockchain adoption globally.

05.04 / 08:47

business Adoption regulation Funding Venture Capital Banks SFC crypto rules Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor

The standards for Virtual Asset Service Providers (VASPs) in Hong Kong are set “incredibly high” as the Securities and Futures Commission (SFC) is wanting the crypto industry to match the same compliance standards as traditional financial firms.

25.03 / 09:29

business Gaming Funding Metaverse stocks Blockchain Game Drop reports valuation Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B

Venture capital firm and Web3 game developer Animoca Brands has refuted claims that it scaled back its Metaverse fund target by $200 million, or 20% to $800 million amid volatility in the crypto market and instability in the banking sector.

25.03 / 00:57

business Web3 Funding Metaverse GameFi Blockchain Game Animoca Brands cuts metaverse fund target to $800M: Report

Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by a further 20% to $800 million, Reuters reported citing sources familiar with the matter.

21.03 / 19:15

business Web3 Funding Venture Capital DAO Anonymous DAO tomi raises $40M for 'surveillance-free' internet

Alternative internet developer tomi has raised $40 million from venture capital firms as part of a broader effort to lure content creators to its decentralized World Wide Web alternative.

15.03 / 13:03

business Kucoin Stablecoin Altcoin Funding Chinese yuan KuCoin leads $10M funding for Chinese yuan stablecoin issuer

The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer.

Funding Financial News

popular questions about Funding

What is Funding and why is it gaining attention?

Where can I find the latest updates on Funding?

How can I verify the accuracy of information on Funding?