Tag: ventures

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Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI c [...]
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo

Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo

The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform. www.coindesk.com [...]
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’

Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’

Citing the organization’s extensive experience in having completed “hundreds of early stage investments,” Brandon Gath, managing partner for Kraken Ve [...]
Coinbase (COIN) Ventures’ Strategic Investment Sends Rocket Pool (RPL) Token Price Surging

Coinbase (COIN) Ventures’ Strategic Investment Sends Rocket Pool (RPL) Token Price Surging

According to its website, Rocket Pool, which offers 3.33% APY for staking ether (ETH), has more than 779,000 ETH, worth about $1.4 billion, making it [...]
SEC appeal unlikely as it gains from ‘current confusion’ — Haun Ventures CEO

SEC appeal unlikely as it gains from ‘current confusion’ — Haun Ventures CEO

A former federal prosecutor turned chief executive of a crypto-focused venture capital fund says she would be “surprised” if the United States securit [...]
Peter Thiel’s Valar Ventures Leads $33M Round for One Trading

Peter Thiel’s Valar Ventures Leads $33M Round for One Trading

Austria-based One Trading, the digital asset exchange formerly known as Bitpanda Pro, has announced a successful €30 million (roughly $33 million) fun [...]
Amy Wu, Former FTX Ventures Head, Joins Menlo Ventures

Amy Wu, Former FTX Ventures Head, Joins Menlo Ventures

“At Menlo, Amy will make early-stage investments in technology-driven categories, including gaming, blockchain, and new consumer experiences made poss [...]
Web3 Gaming Studio Argus Raises $10M Lead By Haun Ventures

Web3 Gaming Studio Argus Raises $10M Lead By Haun Ventures

“Computer games in the 1980s and ‘90s were building their engine to build their own game … I think we're at a very similar stage in crypto gaming righ [...]
AB de Villiers ventures into Web3

AB de Villiers ventures into Web3

AB de Villiers is a household name in the world of cricket, renowned for his swashbuckling batting style and records in the shorter formats of the gam [...]
Web3 developer Magic raises $52M in funding led by PayPal Ventures

Web3 developer Magic raises $52M in funding led by PayPal Ventures

On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding [...]
PayPal Ventures Leads $52M Round for Crypto Firm Magic

PayPal Ventures Leads $52M Round for Crypto Firm Magic

The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel. www.coindesk.com [...]
Foresight Ventures pledges additional $10M for Web3 accelerator

Foresight Ventures pledges additional $10M for Web3 accelerator

On May 24, Singaporean venture capital firm Foresight Ventures announced that it would pledge an additional $10 million to its Foresight X Accelerator [...]
Web3 Firm Red Beard Ventures Closes $25M Funding Round With Animoca Labs, SuperRare

Web3 Firm Red Beard Ventures Closes $25M Funding Round With Animoca Labs, SuperRare

Red Beard Ventures launched as a syndicate of startup accelerator AngelList in 2019 by founder and managing partner Drew Austin. It has invested in 19 [...]
ZkLink Raises $10M From Backers Including Coinbase Ventures

ZkLink Raises $10M From Backers Including Coinbase Ventures

"zkLink plays a crucial role in shaping the future of the crypto landscape by leveraging the potential of ZK technology,” co-founder Vince Yang said i [...]
Alchemy Ventures Backs $4M Seed Round for NFT Platform Vibe

Alchemy Ventures Backs $4M Seed Round for NFT Platform Vibe

“Real value for NFTs will come from the dynamism and programmability where creators can add unique features to their collections. Until now, they have [...]
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