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Volatility derivatives project Volmex Finance attracts backing from VC giants

A number of venture capital giants have completed a financing round for Ethereum-based volatility and derivatives protocol Volmex Finance.According to a March 17 announcement from Volmex Labs, the financing round was contributed to by several leading decentralized finance venture capital firms including Alameda Research, Three Arrows Capital, Robot Ventures, CMS

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Bloccelerate VC Raises $12M Fund to Bet on Enterprise Blockchain Adoption

Seattle-based venture capital firm Bloccelerate closed a $12 million fund on Nov. 30 to bet on both enterprise blockchain adoption and Ethereum-based financial applications.The firm’s general partners, Kate Mitselmakher and Sam Yilmaz, told CryptoX in a call the fund will allocate 80% of its equity investing in the infrastructures enabling

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Binance VC arm leads $1.3M raise for decentralized streaming protocol

Binance, the world’s largest cryptocurrency exchange, is funding a major decentralized audio streaming service through its investment and incubation arm.According to an Oct. 23 announcement, Binance Labs led a $1.25 million extension round for Audius, a blockchain-enabled streaming service that connects music fans with artists.The latest investment round follows a

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