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Maverick, a decentralized crypto derivatives protocol, has raised $8 million in a recently concluded funding round led by Pantera Capital. Other prominent crypto VCs who participated in this strategic funding round include Circle Ventures, Altonomy, Coral Ventures, CMT Digital, GoldenTree Asset Management, Gemini Frontier Fund, Spartan Group, LedgerPrime, Jump Crypto,
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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
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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
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The Sardine platform has now added instant bank Automated Clearing House (ACH) transfers for crypto on-ramps, removing the traditional three to seven-day waiting period for consumers to gain access to their funds. Sardine assumes the fraud, regulatory compliance and legal risks of the ACH transactions. Source
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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 CryptoX. Other participants in the round include Twitter, venture capital investor Tim Draper and Avon
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Kyro’s founder, Samir Arora, worked at Apple for nearly a decade, where he developed platforms for distributed applications, a precursor to layers 0 and 1 of blockchain technology. Arora was also the CEO of NetObjects, one of the first companies to offer a website editor, from 1995 to 2002. Original Source
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A key player behind decentralized applications on Ethereum and other chains continues to swell. Source
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Global investment company KKR is in talks to join Animoca Brands' latest financing, taking its funding from the round to around $500 million. Original Source
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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.
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Tribal will use the money to continue building out its teams in Latin America, and also plans to release some crypto-related products later this year. Source
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