Funding
ArDrive Raises $17M to Make Arweave’s Data Storage Blockchain More Usable
The file storage app wants “AR.IO” to host a network of decentralized access points for the Arweave permaweb.
Notifi Is Latest Startup Trying to Crack Web 3’s Push Notification Problem
With $2.5 million in funding from Race Capital and others, CEO Paul Kim wants to give DeFi degens better tools for minding their bags.
Hedge Fund Giant Alan Howard Backs $7.5M Round for ‘Financial NFTs’ Project
Nested’s social trading platform allows investors to earn royalties on their crypto portfolios by representing them as NFTs.
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.
Ex-Meta Coders Raising $200M to Bring Diem Blockchain to Life: Sources
Aptos is eyeing a $2 billion valuation for its bid to bring the Diem blockchain into users’ hands, sources tell CoinDesk.
Fast Break Labs Raises $$6M in Seed Funding Round
The Web 3 startup founded by two ex-Meta Platforms employees is developing a blockchain-based fantasy basketball game.
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.
Brazilian Crypto Exchange Foxbit Raises $21M in Series A Funding
Funds will be used for developing new technology, team expansion and potential acquisitions, the company said.
Amber Group Raises $200M in Temasek-Led Round at $3B Valuation
The Singapore-based liquidity provider and trading infrastructure firm's valuation has tripled in less than a year.
Why Sequoia Capital Is Raising $600M to Launch New Crypto Fund
VC dollars continue to flow into the crypto space. The venerable venture capital firm Sequoia Capital is looking to raise $600 million for its first crypto-specific fund, primarily investing in liquid tokens and digital assets. "The Hash" team explains why Sequoia is jumping into the scene after other large VC funds Paradigm and Andreessen Horowitz.
