Venture Capital

Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi
Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.

Investors in Polychain Capital’s Crypto Hedge Fund Saw 1,332% Gains – If They Stomached the Dips
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.

VC Deals in Crypto Remained Steady but Amount Invested Fell in 2019: Report
As younger companies are raising more, larger businesses didn’t come back for extra capital.

Polychain Capital Targets $200M for Second Venture Fund, Slide Deck Reveals
Cryptocurrency investment firm Polychain Capital is targeting $200 million for a second venture fund.

Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel's Valar Ventures
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.

PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered "no-loss lottery."

ETF Giant Leads $17.7M Series A for Blockchain Compliance Startup
WisdomTree was the lead investor in the funding round for Securrency. Other investors include the state-backed Abu Dhabi Investment Office (ADIO).

Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office
Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.

Block.One's Venture Arm to Dole Out $50K Grants to Promising EOS Projects
EOS VC is looking for "world-conquerors and local heroes" for its new grants program.

Multicoin Capital Hires Principal in Asia as Crypto VCs Look East
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.

