Tag: funding

LABEL Foundation’s Parent Company Clesson Receives $2 Million in Equity Funding To Lead Web 3.0 Content Industry

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Clesson, the operating company of blockchain-based NFT and copyright fee-sharing platform LABEL Foundation, has raised $2 million in equity to further its Web3 mission. It was part of a strategic investment round from eBest Investments and Groom Investment. These two firms have poured money into the leading MOOC and music NFT platform to push it to the forefront of the content industry in the Web3 era. As Web3 has continued to grow and evolve, so, too, do the platforms that exist in this space. With the funding, LABEL Foundation will…

The Operating Company of LABEL Foundation Receives $2 Million Equity Funding From Groom Investments and eBEST Investments & Securities – Press release Bitcoin News

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press release PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in the industry. eBest Investments and Securities, a leading South Korean asset management firm, and Groom Investments, an early-stage investment fund, have indeed committed the aforementioned amount in equity funding to Clesson Co., Ltd, the parent company of LABEL Foundation as part of a…

Twitter Joins $20M Funding Round for Bitcoin Payments Provider OpenNode

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Bitcoin payment provider OpenNode has closed a $20 million Series A funding round led by U.K. firm Kingsway at a $220 million valuation to fuel its global expansion, according to a press release provided to CoinDesk. Other participants in the round include Twitter, venture capital investor Tim Draper and Avon Ventures, a venture capital fund affiliated with Fidelity Investments. Original

Alchemy joins Web3 decacorns club following $200M funding

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Web3 development platform Alchemy announced a fresh round of $200 million funding, bringing up the company’s valuation to $10.2 billion, just above the decacorn threshold. The latest funding round was led by venture capital firm Lightspeed along with Silver Lake, an American global private equity firm. Alchemy’s funding also saw participation from previous major investors as well. As Cointelegraph previously reported in Oct0ber 2021, Alchemy attained a $3.5 billion valuation following a $250 million Series C fundraising round led by Andreessen Horowitz. Since October, Alchemy reported a three-fold growth in…

P2E Company Set to Release Trailer of its NEXUS Metaverse After Bringing in $20M in Funding

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Singapore-based Play-to-Earn Metaverse company Affyn is all set to release the trailer video of its NEXUS Metaverse this month. Recently, the company raised $20 million in multiple funding rounds, which comes after its public listing not long ago. Late last month, Affyn also conducted a successful presale round of $10.4 million. The company’s Private and Strategic rounds were oversubscribed as well. This fresh capital will be used to expand its team, for which Affyn is hiring across engineering and game development departments to advance the project development. Affyn is developing…

Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Funding Round

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Investments in cryptocurrency are incomplete without a crypto wallet to store your assets. A good crypto wallet will house your coins and provide adequate security that will be pretty difficult for external invasion. The wallet could be either online or offline storage. Due to its relevance, several crypto exchanges offer their customers their online crypto wallet services. This means that if you intend to use such wallets, you won’t have to move your tokens from the exchange platform. Additionally, some crypto networks now have wallets that customers could use, of…