Crypto VC Firm Blockchain Capital Secures $580M For Expansion Of Investment Funds
Blockchain Capital, a venture capital company founded by Bart Stephens and Brad Stephens in 2013, has successfully closed two new funds, raising
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Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi
Venture capital group Blockchain Capital announced the closing of two new funds, totalling $580 million, for investment in infrastructure, gaming, DeFi and consumer/social technologies.The funds will operate as Blockchain Capital’s sixth early stage fund and its first “opportunity fund,” with the latter serving as an inroad to companies who’ve already
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Blockchain Capital secures $580m funding for defi and crypto gaming ventures
Blockchain Capital secures a record $580 million in new funding to invest in emerging and later-stage crypto initiatives, focusing on decentralized finance, gaming, and blockchain infrastructure. The freshly obtained investment will be channeled towards budding and innovative startups specializing in diverse crypto sectors. This includes the trending decentralized finance (DeFi), crypto
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Blockchain Capital Raises $580M for 2 New Crypto Venture Capital Funds
Most of Blockchain Capital's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans, the firm's head of capital formation Jason Di Piazza told CryptoX in an emailed statement. Source
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Ant Group to Withdraw Investment from A&T Capital amid Market Downturn
The company’s decision to distance itself from A&T Capital comes when the crypto industry is navigating its own set of challenges. Chinese fintech giant Ant Group is withdrawing its investment from A&T Capital. The crypto venture-focused company received $100 million from Ant Group to invest in offshore crypto ventures, Bloomberg reported
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Chinese Venture Capital Firms Record Slower Growth in H1 2023
The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn. The Chinese startup ecosystem, once a hotbed for innovation and home to tech giants like ByteDance and Didi Chuxing Technology Co Ltd, has recorded a slower growth rate in
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New Reports Shows How Much Capital Was Pulled Out Of Crypto In August
The crypto industry is known for its sheer price movement volatility, driven mainly by events and liquidity crunches. Since the beginning of
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Singapore issues order against Three Arrows Capital founders
The Monetary Authority of Singapore has issued a nine-year prohibition order against the founders of Three Arrows Capital (3AC). The order was issued against Zhu Su and Kyle Livingston Davies for violating different regulatory laws, such as the Securities and Futures Act 2001 (SFA) and Securities and Futures (Licensing and Conduct
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Singapore Central Bank Issues 9-Year Ban to Three Arrows Capital Founders
The MAS has also banned them from managing, acting as a director, or even being a substantial shareholder of any capital market services business operating in Singapore. In the latest development, the central bank of Singapore has issued nine years of prohibitions to the founders of Three Arrows Capital Kyle Davies
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Venture capital exec says ‘lack of innovation’ drives funding away from crypto
Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through VC funding, 2023 has been significantly lacking. Venture capital funding for the crypto space has significantly declined this year. In the first quarter of the year, around $2.6 billion
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