Venture Capital
African Crypto Exchange Yellow Card Closes $40M Series B
Polychain Capital led the funding round, which comes less than a year after the Series A.
Two Sigma Ventures Raises $400M for Two Funds, Plans Crypto Investments
The firm invests about 15% of its capital to crypto and Web3 projects
Binance Labs Doubles Down on Aptos Bet Ahead of Blockchain Launch
The venture wing of Binance is increasing its investment in Aptos.
Crypto Auditing Platform Sherlock Raises $4M in Funding
The protocol features an open auditor competition to help find smart contract vulnerabilities
Web3 Developer Platform Alchemy Is Raising $12M for New Venture Capital Fund
It’s unclear what the funds will be used for, as Alchemy has a history of making investments through its venture capital arm and a separate grants program.
Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source
Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as the senior-executive exodus continues.
Venture-Capital Firm Northzone Raises $1B Fund for Fintech, Web3 Investments
Web3 is a "core sector" for the firm, one Northzone partner told the Block.
NEAR Foundation Launches $100M VC Fund for Web3 Innovation
The NEAR Foundation is introducing a $100 million venture capital fund and venture lab in partnership with Caerus Ventures to catalyze innovation in Web3 with a focus on sport, music, film, fashion and art. "The Hash" panel shares their thoughts on navigating the world of Web3 among many "trend-following" projects.
Crypto Investor Paradigm Argues Infrastructure Providers Should Not Be Subject to US Treasury Sanctions
The firm laid out a legal argument against Office of Foreign Assets Control (OFAC) sanctions targeting base layer participants such as miners and validators.
Crypto-Focused Venture Firm Bloccelerate Is Raising $100M for Second Fund
The fund has already raised $20 million, topping the firm's $12 million inaugural fund.
