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However, the real-world identities of multiple members of the DAO’s brain trust – roughly three-dozen individuals – are known, and now an actual LLC will be placing the bid on behalf of the DAO to comply with Sotheby’s know-your-customer (KYC) requirements. Additionally, fractionalization could lead to an unusually easy-to-pursue securities
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The Anoma Foundation, a blockchain technology company, has raised 24 million Swiss francs (US$26 million) in a funding round at a valuation of 240 million Swiss francs ($260 million). The funds will help advance the Anoma protocol, a proof-of-stake blockchain that allows traders to conduct private, asset-agnostic transactions. Original Source
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“This valuation makes us more confident than ever in our vision,” said Eli Ben-Sasson, co-founder and president at StarkWare, in a statement. “By empowering blockchains to scale globally, people of any economic status will gradually be able to stop entrusting data into the hands of big companies, and control it
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PStake, the liquid staking protocol from Indian trade finance company Persistence, has closed a $10 million strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India and Defiance Capital. Other investors in the round included Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, Spartan
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Alex, a decentralized finance (DeFi) protocol built on the Bitcoin-linked Stacks blockchain, has raised $5.8 million in financing led by White Star Capital. The funds will help drive the protocol launch in December and enable the company to expand its developer and user experience teams.Alex aims to be a one-stop
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A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also participated in the funding round, which now sees
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Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in January. Source
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Crypto miner MineOne has raised more than $20 million in its first funding round since the company started last month.The company said it plans to raise $200 million and expand its global operating capacity to 400 megawatts by the end of 2022.It has 80,000 crypto mining machines, and expects to
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CoreWeave, which primarily provides cloud services, applies computing power unused by its cloud clients to mine ether. In total, the company operates over 1,200 GH of ETHash [Ethereum’s mining algorithm] equivalent hashrate, or computing power, making it one of the largest Ethereum miners in North America, according to an emailed
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According to a Neon Labs press release, the raise was conducted via a token sale and “will be used to rapidly scale the Neon Labs team in categories spanning research, core development, marketing and business development,” as well as on a grants program. Source
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