Tag: funding

Polkadot Web3 wallet Talisman closes $2.35M seed funding round

Talisman, a Polkadot Web3 wallet platform, has raised $2.35 million from early backers including Hypersphere Ventures, Koji Capital and Advanced Blockchain AG as well as several anonymous Flex Dapps investors. According to an announcement issued on Wednesday, with the funding round closed, Talisman is looking to launch a wallet extension by Nov. 22. Billed to be a DotSama — a portmanteau of Polkadot (DOT) and Kusama (KSM) — wallet, Talisman reportedly aims to enable cross-compatibility across the Polkadot and Kusama “paraverse.” Commenting on the decision to support the project, Jack…

Pan-African Exchange Yellow Card Raises $15 Million in Latest Funding Round – Crowdfunding Bitcoin News

Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding round. The capital raise, which is Yellow Card’s largest, was led by Valar Ventures, Third Prime, and Castle Island Ventures. Square, Coinbase Ventures, and Blockchain.com Ventures also participated in the round. Making Cryptocurrencies Accessible According to the exchange platform’s blog post, part of the funds raised will be used to “ramp up hiring and continue its expansion across the continent.” On the other hand, Chris Maurice, founder and CEO of…

African Crypto Exchange Yellow Card Completes $15 Million Series A Funding

The fastest growing cryptocurrency exchange in Africa, Yellow Card, just announced that it has raised $15 million from its Series A investment round — the largest funding ever received by an African crypto exchange — to boost hiring and resume its expansion across the continent. The round was led by Third Prime, Castle Island Ventures and Valar Ventures, and participated by Square Inc, Blockchain.com Ventures, Coinbase Ventures, BlockGi, Polychain Capital, and more. Our mission has always been to make cryptocurrency accessible anywhere and everywhere across the African continent. Now, we…

African Crypto Exchange Yellow Card Completes $15M Funding Round

Yellow Card has raised $15 million in a Series A funding round, the Africa-focused cryptocurrency exchange and digital wallet provider announced Wednesday. Valar Ventures, Third Prime, Castle Island Ventures led the funding round, which also included Cash App, Coinbase Ventures, Polychain Capital and Blockchain.com Ventures. The five-year-old company, which called the round the largest for an African crypto exchange, allows users on the continent to buy and sell bitcoin, ether and USDT with cash, mobile money or via a local bank transfer. The company said that since the beginning of…

Solana-Based DEX Orca Raises $18M Series A Funding

Orca, a Solana-based decentralized exchange (DEX), has raised $18 million in Series A funding led by Polychain, Three Arrows Capital and Placeholder. Other participants in the funding round include Coinbase Ventures, Jump Capital, Sino Global Capital and Solana Capital, Orca announced Wednesday. Orca will use the funding injection to continue developing its automated market maker (AMM). Launched in February this year, Orca aspires to be the “go-to swap for the Solana ecosystem,” through creating a next-generation AMM with the simplest user experience. Orca launched its governance last month and now…

Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG – Bitcoin News

Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and consolidate its spot as one of the pioneering companies in the crypto exchange business. Ripio Gets $50 Million in Series B Funding Round Ripio, one of the biggest cryptocurrency exchanges in Latam, has raised $50 million in its…

Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio

Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3 billion for the platform. According to the company, the latest funding will help expand Sorare’s portfolio of football player NFTs by partnering with more football leagues and associations. In early September, the French NFT-based trading platform secured its first soccer league partnership with La Liga in addition to having NFT collaborations with PSG, Liverpool and other top-tier soccer…

Decentralized Credit Protocol Goldfinch Raises $11M in Series A Funding

In launching the protocol in December, Sall and co-founder and CTO Blake West, who met at the University of Pennsylvania and worked together at Coinbase, were looking to make crypto borrowing more accessible, particularly to individuals and businesses in developing countries with fewer tangible assets to address typical collateral requirements. “The real promise is providing access to capital that is not being served in these markets,” Sall said. Source