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“We are excited to see Manta expanding into the Ethereum ecosystem, and have doubled down on our investment this Series A round,” said Luke Pearson, Investor at Polychain Capital. “Manta Pacific will leverage the performance capabilities of the modular ecosystem, whilst also allowing increasing access to ZK through Universal Circuits,”
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Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund, whirespective reported raises of $200 million for a new investment fund and $152 million for a seed fund.A July 18 Forbes report said Polychain’s $200 million sum was raised in the “first close” of its
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polychain Capital has successfully secured approximately $200 million in the first round of funding for its fourth crypto venture capital fund. A source familiar with the matter revealed that Polychain intends to reach a total fundraising goal
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Polychain Capital was founded in 2016 by early Coinbase employee Olaf Carlson-Wee. The firm has about $2.6 billion in assets under management, Fortune said citing Pitchbook data. The extended crypto winter has put pressure on the crypto investment landscape for both startups and the venture capital firms that back them. Source
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In doing so, Polychain, one of the oldest and richest crypto hedge funds, seemingly thumbed its nose at a slightly risky arbitrage trade that could end up paying millions of dollars more. It is forgoing the opportunity to redeem its ROOK tokens via the “rage quit” smart contract, where it
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Thetanuts Finance is a DeFi firm offering a range of crypto structured products that cater to a wide customer base, including option traders, decentralized autonomous organizations (DAOs), market makers and other liquidity providers. Users of the platform can earn yield on major cryptocurrencies and popular altcoins, provide liquidity, and execute
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The Web3 infrastructure provider has now raised money twice in 2023. Original Source
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Founded in April 2020, Boston-based Foundation focuses on products that make bitcoin and decentralized technologies more accessible. The flagship product is Passport, a $259 hardware wallet that uses a camera and QR codes for more secure communication rather than a USB or wireless connection to the outside world. Foundation has
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The funding will advance Uniswap’s web app, developer tools and NFT projects. Original Source
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