Venture Capital
Crypto Asset Manager Arca Launches First Fund for Startup Investments
The firm’s first VC fund was oversubscribed above its $30 million cap, said Arca’s David Nage.
VC Fund NFX to Go Deeper Into Crypto With $450M Seed Fund
The firm, now home to Libra co-creator Morgan Beller, is looking to fund early-stage crypto companies with billion-user potential.
SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
The fund will invest in companies focused on building DLT, DeFi, and RegTech tools.
Crypto Gains Ground in Latin America Amid Venture Capital Boom
Venture capital funds invested more than $6 billion in Latin America in the first half of 2021, versus $4 billion in all of 2020.
DAOs May Be the Future of Work, but Don’t Bet on Them Being the Next Big Asset Class
The decentralized nature of DAOs and their dependence on vibrant, committed communities can be at odds with investors who are just in it for the virtual Benjamins.
Interoperability Startup LayerZero Comes Out of Stealth With $6M in Funding
The Series A round led by Multicoin Capital and Binance Labs should help the team build better bridges.
Franklin Templeton Seeks $20M for First Blockchain Venture Fund
The $1.5 trillion asset manager is also seeking to hire engineers for a tokenized asset department.
DeFi Startup Domination Finance Closes $3.2M Seed Round
ParaFi Capital led the raise, which also included Dragonfly Capital, AU21 and several other venture firms active in the DeFi space.
Jump Capital Raises $350M Venture Fund With ‘Increased Concentration’ on Crypto
The firm’s seventh venture fund is 75% larger than the preceding one from October 2019.
Pantera Capital’s Latest Crypto Fund Has Raised $369M Since July
The crypto investments firm had $4.7 billion in assets under management in August, new filings show.
