Tag: funding

Animoca Brands doubles valuation to $2.2B with new $65M funding round

NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming giants Ubisoft Entertainment along with Liberty City Ventures, Sequoia China, Dragonfly Capital to name a few. It’s more vindication for a company that was kicked off the Australian Securities Exchange (ASX) in March 2020, in part for its involvement in cryptocurrencies. According to the Oct. 20 announcement from…

Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding – Regulation Bitcoin News

The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury Department explained. Treasury Says Crypto Threatens Efficacy of U.S. Sanctions The U.S. Department of the Treasury released its 2021 Sanctions Review Monday. “Technological innovations such as digital currencies, alternative payment platforms, and new ways of hiding cross-border transactions all potentially reduce the efficacy of American…

Chimeras Play-to-Earn Metaverse Completes Successful Funding Round – Press release Bitcoin News

press release PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with the participation of leading blockchain venture companies, including Master Ventures, AU 21, Poolz, BullPerks, X21, OIG Invest, Panda Capital, Shima Capital, LVT Capital, Otis Capital and Lotus Capital. The round successfully raised over $2 million which the Chimeras team has earmarked for the metaverse’s product development and marketing…

Republic Closes $150M Series B Funding Round

Returning investors from the Series A round in March were Galaxy Interactive, Motley Fool Ventures, HOF Capital, Tribe Capital and CoinFund. New backers included Pillar VC, hedge funds Brevan Howard and Atreides, and executives at GoldenTree Asset Management, Source

Four Venture Capitalists Just Over-Subscribed Ertha’s Seed Funding Round in One Day – Sponsored Bitcoin News

sponsored Ertha’s metaverse, built on Binance smart chain, has just concluded a seed funding round. The project has garnered interest from the venture capitals and ended with an oversubscribed seed round which was considered an excellent achievement for the projects’ fundamentals. Ertha has collected funding from 4 venture capitalists. Investors who backed the project seed funding round: Mars4 Terranova X21 Momentum 6 NFTs have been gaining a lot of attention over the current year and have attracted investments from both individuals and institutions. A Little About Ertha Ertha is a…

Blockchain.com CEO: Recent price stability shows maturity in bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Peter Smith, co-founder and CEO of Blockchain.com, joins “TechCheck” to discuss the busy news week for cryptocurrency and what he expects going forward. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with…

TradingView completes new funding round with $3B valuation

TradingView, the price charting platform used as a reference for price movements of cryptocurrencies and other assets, has secured $298 million in a funding round to attain a $3-billion valuation. Led by TradingView’s new investor, Tiger Global, the funding follows a strong growth of the platform’s user base, mostly retail investors, during the pandemic. According to the announcement, TradingView experienced a 400% increase in new accounts and a 237% increase in visitors in the last 18 months. TradingView CEO and co-founder Denis Globa highlighted Tiger Global’s expertise in fintech, adding…

Aurora raises $12M in debut funding to scale Ethereum ecosystem

Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has announced a $12-million debut funding round. The round included over 100 venture capital investors, including Pantera Capital and Electric Capital. According to an official statement, Aurora will use the funds to expand ​​cross-chain capabilities beyond its current offering, in addition to hiring specialist developers to support the growth of Ethereum scaling. The scaling solution seeks to facilitate interoperability between blockchains through its EVM connection and multichain bridge, granting developers the accessibility to…

Makor Capital Raises $17M in Series A Funding to Grow Brokerage Platform Enigma

Makor Capital, a brokerage and investment banking group, raised $17 million in Series A funding to grow Enigma Securities, its digital asset brokerage. The round valued London-based Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard. Algorand CEO Steven Kokinos will join the company’s board of directors. Makor’s digital asset brokerage, Enigma Securities, has a monthly trading volume of $2 billion, according to an announcement Wednesday. Alan Howard has made numerous investments in crypto firms in recent months, following the news…

Consensys Aims for $3 Billion Valuation in Upcoming Funding Round – Bitcoin News

Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys is flexing its economic muscle by acquiring Treum, developer of Music NFT service EulerBeats. Consensys Aims for Billion+ Valuation in Next Funding Round Consensys, one of the main software providers in the Ethereum ecosystem, is reportedly aiming to achieve a valuation that could…