Venture Capital

Venture Capital

Finance

DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round

The startup will launch its mainnet and stablecoin this summer.

(Yagi Studio/Getty Images)

Finance

Crypto Protocol LayerZero Raises $120M at $3B Valuation

The valuation is triple the level of the firm's previous funding round in March 2022.

LayerZero co-founders CTO Ryan Zarick and CEO Bryan Pellegrino (Chung Chow, BIV)

Finance

Crypto Startup Li.Fi Raises $17.5M in Funding Round

CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator.

Li.Fi Team (Li.Fi)

Finance

Crypto Hardware Wallet Maker Ledger Raises Most of $109M Round: Bloomberg

The company's valuation remains at about the same $1.4 billion it was valued at in its previous funding round in June 2021.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

Market Maker DWF Labs Emerges as Top Crypto Investor

DWF Labs Managing Partner Andrei Grachev discussed the firm’s investment strategy and continuing risks for the industry.

DWF Labs managing partner Andrei Grachev (LinkedIn)

Finance

Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs

The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem.

(Pixabay)

Finance

Staking Protocol EigenLayer Raises $50M Amid Crypto Winter

Blockchain Capital led the round for the system that allows Ethereum stakers to reuse the tokens.

(Pixabay)

Finance

Paradigm Leads $7M Round for Optimism-Based Startup Conduit

The newly announced startup will help developers launch Optimism-based applications.

Conduit founder Andrew Huang raises $7 million in Paradigm-led round (Conduit)

Finance

Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg

The payment was due on March 23 and was required to fund working capital

(Andrew Khoroshavin/Pixabay)

Finance

Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M

FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and sui token warrants) for $96 million through bankruptcy court.

FTX CEO John J. Ray III (Nathan Howard/Getty Images)