Funding
Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans
The firms will also work together to help incubate and build networks for crypto startups.
Scaramucci’s SkyBridge Planning New Fund for Web3, Crypto: Report
The news follows a report earlier this week that SkyBridge suspended withdrawals from another fund due to steep declines in stocks and cryptocurrencies.
AI-Based Startup Optic Raises $11M to Put the ‘NF’ in NFTs
Optic’s near-term plans include creating a public API for Web3 developers and new tools for NFT creators and collectors.
Dragonfly Capital Leads $13M Round for DeFi Infrastructure Startup XLD Finance
XLD offers cross-border financial tools for customers in the Philippines, Indonesia, Malaysia, Vietnam, India and Bangladesh.
Decentralized Oracle Empiric Network Launches With $7M Funding Round
Variant led the round for the StarkNet-based oracle, which was created in partnership with StarkWare.
Crypto VC Investments Drop 26% in First Half of 2022
Investments totaled $9.3 billion versus the $12.5 billion in last year’s period, but the number of deals increased.
5ire Raises $100M to Fund Expansion of Sustainable Blockchain
The company will use what it calls a Proof-of-Benefit mechanism, saying it is the only sustainability-focused blockchain unicorn in the world.
Virtual Avatar Firm Hologram Raises $6.5M Seed Round
Hologram partners with online communities to help them create unique digital identities in the metaverse.
Crypto Custodian Copper Soon to Close Delayed Funding Round: Sources
Copper’s Series C round will value the company around $2 billion, according to two sources. The firm sought a $3 billion valuation in November.
