Kraken, the fourth-largest cryptocurrency exchange by trading volume, has announced the launch of a new venture fund that will invest in early-stage cryptocurrency and tech startups.According to a Thursday announcement, Kraken Ventures will be led by former head of corporate development at Kraken, Brandon Gath, and will operate as an independent fund.However, Kraken, the … [Read more...] about New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups
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KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also available for entities that develop blockchain-based games, nonfungible tokens, and decentralized applications. In … [Read more...] about KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
Circle Launches Venture Capital Fund for Early-Stage Blockchain Projects
Digital currency firm Circle launched the Circle Ventures fund to support early-stage blockchain projects and companies. The fund, which doesn’t have a predetermined monetary amount, has already deployed initial capital. “Circle’s mission is to raise global economic prosperity through the frictionless exchange of financial value. Achieving it is ambitious and will take a … [Read more...] about Circle Launches Venture Capital Fund for Early-Stage Blockchain Projects
Crypto company Huobi launches $100 million fund to support early-stage DeFi projects
A new venture arm by the Huobi Group will deploy $100 million into early-stage blockchain and decentralized finance (DeFi) projects over a three-year period, it said in a release shared with CryptoSlate.The fund will additionally make strategic acquisitions to diversify and expand Huobi’s offerings, and establish a dedicated $10 million USD non-fungible token (NFT) fund.A … [Read more...] about Crypto company Huobi launches $100 million fund to support early-stage DeFi projects