Venture Capital

Venture Capital

Finance

TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps

The TON ecosystem has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users.

(TON Ventures)

Finance

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund

The new fund will target early stage opportunities in AI, blockchain technology, chips and data.

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)

Tech

The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight

In this week's blockchain tech newsletter, we're highlighting the firm Polychain's accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin's speech in Brussels and Bitcoin's Saxony problem.

(Alexander Lunyov/Unsplash)

Tech

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company

Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Ritual co-founder Niraj Pant (Ritual)

Finance

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm

Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being "power user," Auros co-founder and CIO Ben Roth said in an exclusive interview with CoinDesk.

Julien Auchecorne, the newly appointed head of Auros Ventures (Auros)

Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

Bain Capital Crypto Raising Second Fund: Filing

Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman's Worldcoin.

Close up of two dollar notes. (engin akyurt/Unsplash)

Finance

Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado

Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.

El Dorado co-founders Guillermo Goncalvez and Juan Carlos Andreu (El Dorado)

Finance

Crypto Governance Advisory MetaLeX Raises $2.75M

Gabriel Shapiro wants to "BORGify" crypto governance.

Gabriel Shapiro (Gabriel Shapiro)

Finance

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital

The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-founder Joshua Lim said in an interview.

Joshua Lim on CoinDesk TV at Consensus 2022 (CoinDesk, modified)