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“NFTs are revolutionizing digital ownership on a global scale. Whether it’s a single NFT drop or the creation of an entire marketplace, our technology makes things easy, cost effective, and secure,” said Jim McNelis, founder and CEO of Nameless and Nft42, in a press release. Source
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San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80 million Series B, which previously valued the startup at $505 million.
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Earlier this month, Palantir added Elementus to its Foundry for Builders Program, which provides startups with access to the flagship Foundry data intelligence software. In his email to investors, Galka wrote that access to Foundry will “turbocharge our analytic products.” Original Source
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Decentralized autonomous organizations (DAOs) have established themselves as a core part of Web 3, but could they have use cases outside of crypto? Some venture capital firms are betting they do.Squads, an application that can be used to create DAOs on the Solana blockchain, has raised a $1.5 million seed
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Multi-chain transaction network Biconomy has raised $11.5 million through the public sale of its native token BICO on CoinList.Biconomy, which raised $9 million in July from investors including Coinbase Ventures and Huobi Innovation Labs, follows projects such as Solana, Mina, Algorand and Flow in turning to CoinList to help sell
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Quicknode, a Miami based blockchain infrastructure platform, announced the completion of a $35 million Series A round of financing on Wednesday, led by Venture Capital firm Tiger Global. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano also participated in the round. This follows a $5.3 million
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Solana-based decentralized finance (DeFi) app Tulip raised $5 million in a bid to expand its yield aggregation and crypto lending products.The seven-month-old protocol, which at press time held over $800 million in cryptossets, said Jump Capital and Alameda Research led the “strategic investment.” Tulip recently rebranded; it won a $25,000
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“This round is a major milestone that helps us deliver on our vision of growth in Web 3 through better infrastructure, improved tooling, and greater accessibility across all blockchains,” QuickNode vice president Amol Shah told CryptoX in an email. Source
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While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging,
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An ambitious new project from a pair of young founders is hoping to expand and decentralize data access for blockchains, and they just raised $2.8 million to do it.KYVE – a stylized take on the second syllable of “archive” – has closed its second funding round led by Permanent Ventures
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