funding

Pawnfi.com to Launch Liquidity Protocol for Non-Standard Assets

Source Node: https://beincrypto.com/pawnfi-com-to-launch-liquidity-protocol-for-non-standard-assets/
Time Stamp: November 17, 2021 1:30 AM - Modified On: November 17, 2021 - Published By:
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Pawnfi.com has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca Brands, Dapper Labs, Polygon, DeFi Alliance, Hashkey Capital, Everest Venture Group, SNZ, and 6Block. Sponsored Sponsored The first DeFi product of its kind, Pawnfi.com is brand-new in the lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor cryptocurrencies, and bundled assets. With the development of the

DAOLaunch Vows to Change the Future of Funding With Decentralized VC

Source Node: https://beincrypto.com/daolaunch-decentralized-venture-capital-to-change-future-of-funding/
Time Stamp: November 17, 2021 1:12 AM - Modified On: November 17, 2021 - Published By:
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The Venture Capital (VC) industry has traditionally been the playground for the rich. Generally speaking, you had little chance of making it as a venture capitalist if you were not financially well-established to begin with. Sponsored Sponsored However, that status quo is about to change now with the emergence of blockchain-powered platforms like DAOLaunch.  Blockchain technology is already making inroads into venture capital, exposing the industry to all the perks of decentralization. Expectedly, this has prompted an increasing number of analysts and industry stakeholders to anticipate a new era of decentralized

Web3 social infrastructure startup CyberConnect raises $10 million in seed funding

Source Node: https://www.theblockcrypto.com/post/124510/web3-social-infrastructure-startup-cyberconnect-raises-10-million-in-seed-funding?utm_source=rss&utm_medium=rss
Time Stamp: November 16, 2021 1:30 PM - Modified On: November 16, 2021 - Published By:
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CyberConnect, a crypto startup developing tools for Web3 social media, gaming, and metaverse applications, has raised $10 million in a seed funding round.Sharing the news exclusively with The Block on Tuesday, CyberConnect said Multicoin Capital and Sky9 Capital co-led the round. Animoca Brands, Draper Dragon, Hashed, Zoo Capital, Smrti Lab, and Mask Network also participated in the round, among other investors. This was an equity + SAFT (simple agreement for future tokens) round, CyberConnect founder Wilson Wei told The Block. It will help the firm double its current team of

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

Source Node: https://www.theblockcrypto.com/post/124454/pstake-persistence-cosmos-liquid-staking-protocol-seed-funding?utm_source=rss&utm_medium=rss
Time Stamp: November 16, 2021 9:00 AM - Modified On: November 16, 2021 - Published By:
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pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including Stake.fish, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

First crypto-related exchange-traded fund gets green light in India

Source Node: https://bitcoinerx.com/bitcoin/first-crypto-related-exchange-traded-fund-gets-green-light-in-india/
Time Stamp: November 15, 2021 7:22 PM - Modified On: November 15, 2021 - Published By:
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The Securities and Exchange Board of India (SEBI) has approved the first cryptocurrency ETF. According to local media, the regulator has approved Invesco’s CoinShares Global Blockchain ETF Fund. The fund owns Coinbase, Bitfarms, SBI Holdings, and MicroStrategy, among others. The fund has had a good year, earning 89.52% in returns. Invesco is positive about the asset class’s future, it noted in a document. Blockchain technology Because blockchain technology is new, the potential to change the global economy is huge. Like the internet, blockchain offers massive potential to investors. For institutional

Crypto Exchange KuCoin Global Storytelling Agenda

Source Node: https://themerkle.com/crypto-exchange-kucoin-global-storytelling-agenda/
Time Stamp: November 9, 2021 3:20 AM - Modified On: November 9, 2021 - Published By:
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KuCoin is one of the flagship crypto exchanges. It is famous for its advanced level of security and ease of use to transact and store cryptocurrencies. The crypto exchange features multi-layered security that serves alongside micro-withdrawal wallets, industry-standard multi-layered encryption and a top-tier multi-factor authentication.  With its level of diligence, KuCoin has earned its rightful place as the number one crypto exchange. It provides ultra-modern operations to allow users to trade enormous volumes while levelling up through the top of the line provisions. The leading altcoin exchange A home of hidden gems, KuCoin

Litentry Launches Crowdloan Reward Program on Binance With Enticing Reward Pool

Source Node: https://beincrypto.com/litentry-crowdloan-reward-program-binance-20m-lit-usd-2-5m-reward-pool/
Time Stamp: November 5, 2021 4:31 AM - Modified On: November 5, 2021 - Published By:
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Litentry, a decentralized identity aggregation protocol, officially launched its Crowdloan Reward Program on November 4, 2021. Sponsored Sponsored This represents a significant development in Litentry’s quest to win a slot ahead of the upcoming Polkadot parachain auction. Join the crowdloan on Binance now to enjoy 20% LIT (20,000,000 LIT) total supply with an extra $2.5M reward pool, and with approx. 2,760% APY (as of Nov 4). An innovative crowdloan program Crowdloan is a growing trend taken by projects to receive enough funding to participate in Polkadot’s parachain auction. Participants contribute

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

Source Node: https://news.bitcoin.com/gaming-giant-ubisoft-mentions-blockchain-in-recent-earnings-report/
Time Stamp: November 2, 2021 8:30 AM - Modified On: November 2, 2021 - Published By:
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Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a boom this year, the traditional gaming industry still has yet to embrace blockchain as part of a flagship product. Ubisoft to Explore Blockchain for Future Products Ubisoft, the gaming giant known for mega-successful franchises like

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://www.bitcoinnewsminer.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

Source Node: https://www.bitcoinnewsminer.com/metaverse-startup-the-sandbox-closes-93m-series-b-led-by-softbank/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release. The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots of land that they can build on. The Sandbox token, SAND, has a $2.46 billion market cap, according to data from intelligence platform CoinMarketCap. The startup’s majority stakeholder is Hong Kong-based gaming firm Animoca Brands,

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://news.bitcoin.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 2:30 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the