Tag: 135M

Crypto Media Company Blockworks Raises $12M at $135M Valuation

“For the past year, we’ve been building Blockworks Research, a powerful investment platform that brings together data, analytics, research, governance, and real-time news,” Blockworks co-founders Jason Yanowitz and Michael Ippolito wrote in an announcement post. “Financial institutions and deeply crypto-native investors rely on Blockworks Research to make better decisions. This investment allows us to double-down on this effort to bring better information to the industry.” Source

XRP Whale Withdraws Massive $135M From Binance, Bullish Signal?

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Data shows an XRP whale has made a massive withdrawal of $134 million from Binance, something that could prove to be bullish for the price of the crypto. Whale Transfers $135 Million In XRP Out Of Crypto Exchange Binance As per data from the crypto transaction tracker service Whale Alert, a huge XRP transfer was spotted earlier in the day. The transaction amounted to a total of 350,000,000 XRP, and was worth around $134.8 million at the time of the transfer. At the current exchange rate, this stack of coins…

Crypto exchange CoinDCX raises $135M funding to support Indian Web3

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Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country.  The latest funding round resulted in CoinDCX doubling its valuation to $2.15 billion, which was led by Pantera and Steadview and saw participation from prominent investors including Kingsway, DraperDragon and Republic. Existing investors such as B Capital Group — a VC firm from Facebook co-founder Eduardo Saverin — Coinbase, Polychain and Cadenza also joined in on the oversubscribed funding round to…

Omnichain developer LayerZero Labs raises $135M

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On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, announced that it raised $135 million in its latest funding round. The deal values LayerZero Labs at $1 billion and will accelerate the development of its namesake protocol. The round was led by notable venture groups and investors such as Sequoia Capital, FTX Ventures, Andreessen Horowitz, and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more. It aims to unite applications such as gaming, nonfungible tokens,…

Dapper Labs Raising $13.5M in Equity Offering

Dapper Labs, the creator of basketball collectible platform NBA Top Shot, is raising $13.5 million in an equity offering and is nearly halfway toward meeting the goal, according to a new regulatory filing. The company has raised $6.5 million to date from one investor. Dapper started accepting investments on Nov. 22. Sports non-fungible tokens (NFTS) are a booming area for investor support. In September alone, Dapper closed a $250 million funding round at a reported $7.6 billion valuation, and European football NFT platform Sorare raised $680 million at a $4.3…

Tomi Heroes NFT Sales Volume Just Exploded Past $1.35m, with Massive ROI Potential for TOMI Sale

NFT and DeFi enthusiasts worldwide may be wondering why Tomi Heroes have been popping off on OpenSea in recent days. These non-fungible tokens grant access to Tomi’s token presale soon, so the limited-edition sets are in high demand. With 395 Ether (or roughly $1.37m) in traded volume, it is evident that this is the project to keep an eye on over the coming days. Massive TOMI Presale ROI Potential As Tomi Heroes generate more proceeds, the team will use these funds to purchase and burn TOMI tokens during the TOMI…

FTX to Rename Miami Heat’s Arena to FTX Arena after Securing Naming Rights for $135M

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Upon the final approval from the Miami-Dade community, crypto exchange FTX will be working along with them on several fronts of technology, financial wellness for Miami residents, and FinTech education. On Tuesday, March 23, cryptocurrency exchange FTX finally secured the naming rights for the Miami Heat’s Arena. This comes as the cryptocurrency exchange paid a massive $135 million to get the rights for the home arena of the NBA Team Miami Heat. FTX Arena The arena that hosts a 19,000 audience is currently popular as the American Airlines Arena. However,…