On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger … [Read more...] about Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
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CoinFund, Franklin Templeton Back NFT Venture Studio Metaversal With $50M Raise
NFT venture studio Metaversal raised a $50 million Series A funding round led by CoinFund and Foxhaven, the company announced Tuesday.The non-fungible token firm says it will use the funding to grow its portfolio and support companies working toward building an open metaverse.NFT interest is back on the rise with projects like Bored Ape Yacht Club eclipsing $1 billion in … [Read more...] about CoinFund, Franklin Templeton Back NFT Venture Studio Metaversal With $50M Raise
DAO aims to raise $5M to resurrect Blockbuster Video
A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network and turning it into a film studio and streaming platform.Blockbuster Video is an American video rental company founded in 1985 which once had 6,000 stores globally and was valued at over $8 billion, before it shuttered almost all of its operations in … [Read more...] about DAO aims to raise $5M to resurrect Blockbuster Video
Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
“These organizations try to keep price-affecting news confidential before release, but as with all organizations, it’s possible that insiders do trade confidential information or it’s leaked to other people that do,” Andrew Kang, co-founder of crypto investment firm Mechanism Capital, told CoinDesk. Source link … [Read more...] about Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
Dapper, CoinFund Back ‘SPACE’ Metaverse Play With $7M Raise
SPACE Metaverse, a virtual world for arts and commerce, has raised $7 million from investors including Dapper Labs, CoinFund, Animoca Brands and more.The funding will be used to build and join various metaverses into one parallel society and “build the economic backbone of the metaverse,” according to a press release.Other notable investors included investment firm Hof Capital … [Read more...] about Dapper, CoinFund Back ‘SPACE’ Metaverse Play With $7M Raise