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Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital

Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15.Singapore-based market maker Altonomy is planning to allocate the raised funds to source liquidity for institutional customers like spot and derivatives exchanges.Altonomy

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Kraken Raises Over $13 Million In Its Latest Fundraising Round

San Francisco-based cryptocurrency exchange Kraken has raised over $13 million in financing on online investment platform BnkToTheFuture.Kraken has raised $13.5 million from 2264 investors, surpassing its initial target of $10.2 million purportedly due to popular demand. The fundraising campaign of Kraken — which has over four million clients in

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Ethereum-Based Decentralized Video Streaming Startup Livepeer Raises $8M

Ethereum (ETH)-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors in its Series A funding round in a Medium post published on June 17.Per the announcement, the startup will use the newly acquired resources to support the further development of the Livepeer protocol,

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Standard Tokenization Protocol Raises $750K in Eight-Second Token Sale

A token sale for Standard Tokenization Protocol (STP) raised $750,000 and sold out within eight seconds, a news release claimed on June 11.The project says it offers an open-source, decentralized standard for the tokenization and issuance of any asset.Following the initial exchange offering (IEO), which was held on Bittrex, STP

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Tech Startup Fluree Raises Nearly $5 Million in Seed Round for Blockchain Database

North Carolina-based Fluree has raised $4.7 million in its first funding round for the company’s blockchain-based database system, according to a report by Tech Crunch on June 3.The firm’s blockchain database product, FlureeDB, purports to be “an immutable, time-ordered blockchain database” according to its documentation. Additionally, users can reportedly

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