Venture Fund II differs from Maven 11′s first fund in being closed-ended and having a wider group of backers, including wealthy individuals, crypto entrepreneurs, family offices and institutions. The new fund has already deployed investments into gaming-focused DAO Merit Circle, lending platform Maple Finance, layer 1 blockchain Anoma and DeFi dashboard Zapper, among … [Read more...] about Crypto Investment Firm Maven 11 Capital Closes $120M Fund
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NFT Music Platform Royal Closes $55M Funding Round Led by a16z
Royal, the music tokenization platform launched by DJ and entrepreneur Justin “3LAU” Blau, closed a $55 million Series A funding round on Monday, CoinDesk confirmed. A16z led the round, which also included participation by Coinbase Ventures, Paradigm and the performers, The Chainsmokers and Nas. “In addition to their audacious vision, what makes this founding team so unique is … [Read more...] about NFT Music Platform Royal Closes $55M Funding Round Led by a16z
Solana-Based Sports Betting Protocol BetDEX Closes $21M Seed Funding Round
BetDEX has raised a $21 million seed round to create a decentralized global sports betting protocol.In the announcement Wednesday, the Edinburgh-base BetDEX called the raise the “largest-ever seed investment round by a U.K. startup.”The crypto derivatives exchange giant FTX and San Francisco-based crypto venture firm Paradigm led the round, which also included participation … [Read more...] about Solana-Based Sports Betting Protocol BetDEX Closes $21M Seed Funding Round
Crypto Exchange WOO Network Closes $30M Series A
PSP Soteria Ventures, Gate Ventures, QCP Capital, Crypto.com Capital, the Avalanche Asia Star Fund (AVATAR), AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart, 3Commas Capital, TokenInsight Research and ViaBTC Capital also participated in the round. Source link … [Read more...] about Crypto Exchange WOO Network Closes $30M Series A
Bitcoin soft fork days away as Taproot upgrade closes in
Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network. In the next seven days, the Bitcoin protocol will undergo a soft fork in the name of Taproot upgrade, which aims to improve the network’s privacy, efficiency and smart contracts capability. Taproot is Bitcoin’s first major upgrade since … [Read more...] about Bitcoin soft fork days away as Taproot upgrade closes in