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A fast riser in the decentralized finance (DeFi) world has announced a $4.9 million raise today led by major industry venture capital groups — as well as some unusual, upstart players. Alchemix, a DeFi lending protocol whose loans automatically repay themselves via deposits into other yield-bearing protocols, announced on Discord today
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The Synthetix DAO has added some new, perhaps surprising voices to its governance. Today the synthetic asset protocol announced a $12 million dollar fundraise led by venture capital firms Paradigm, Coinbase Ventures, and IOSG. The funds purchased SNX tokens directly from the DAO treasury, and “will contribute where possible by providing
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Michael Cagney, the founder of blockchain lending startup Figure Technologies, wants to set up a special purpose acquisition company (SPAC), it announced in a regulatory filing Thursday.The blank-check firm seeks to raise $250 million, according to the prospectus filed with the U.S. Securities and Exchange Commission (SEC), and will be
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The additional funding will go towards the acquisition of more miners, expanding infrastructure and boosting working capital. Source
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Amid a busy start to 2021, Data Protection Day provides an opportunity to step back and reflect on the continued lifting of
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In Q4 2020, the company raised $3.3 billion across its cryptocurrency investment vehicles. Source
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The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share. Source
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Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business. Source
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MicroStrategy is turning to investors to fund up to $400 million more in bitcoin purchases. Source
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U.K.-based cryptocurrency app Ziglu has raised over $8 million in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year.The support from some 1,250 investors brings Ziglu’s total fundraising to $14.8 million. As for why the offering seemed to command attention on Seedrs: It’s good timing for the
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