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Cadenza Ventures has raised a $50 million crypto venture fund to invest in early stage digital finance and blockchain technology companies. Van Eck Associates anchored the fund with participation from Solana, Dapper Labs and WorldQuant Ventures, among others. Source
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Blockchain firm Enjin has formed a $100 million fund to support projects in its ecosystem geared toward developing a decentralized metaverse.The Efinity Metaverse Fund will aim to support work on metaverse projects on Efinity – a blockchain developed by Enjin with Polkadot – as well as those involved in non-fungible
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Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT projects and digital artists.The Art Dream fund aims to collect “meaningful stories and catalyze financial and cultural inclusion in the metaverse,” said APENFT, which operates on the Tron
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Blockchain-focused investment firm Sanctor Capital has raised $20 million to fund emerging projects in the cryptocurrency space, offering the latest evidence that venture capital continues to flood the market. The investment fund will be used to bootstrap projects in some of crypto’s hottest segments, including DeFi, GameFi and cross-chain infrastructure development,
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The cryptocurrency and blockchain ecosystems continue to create new and innovative concepts. Velas is a blockchain that has surprised many people and will seemingly continue to do so for the foreseeable future. Dozens of projects are launching on this ecosystem that takes elements of Solana and refines and improves them
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press release PRESS RELEASE. Singapore-based Enjinstarter (EJS) has completed its Token Generation Exercise (TGE), raising a total of $500,000 via a collaborative fund raising effort over 4 launchpads namely Genesis Shards, Chainboost, Starter.xyz and Enjinstarter’s own launchpad. This followed a highly-successful, oversubscribed private sale that raised $5 Million from prominent
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A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.” SEC
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The “Q3 2021 Quarterly Review” by CoinDesk Research looks at driving trends in digital asset markets, focusing on Bitcoin, Ethereum, DeFi and more.Click to download the report here.Q3 was characterized by conversations around scalability and broader adoption. With bitcoin officially becoming legal tender in El Salvador the Lightning Network found
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Scientists are continuously pursuing ways to lengthen the human lifespan, and blockchain might have been a missing part of the puzzle. The Longevity Science Foundation, a Swiss entity launched by a consortium of biotech founders, clinicians and leading longevity research institutions, aims to spend more than $1 billion over the
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Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the
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