Kenetic Capital led the funding, which also included Digital Currency Group and Liberty City.
Digital Currency Group, Coinbase Ventures and CoinFund were among those to join the latest funding round.
One analyst interpreted the move as an arbitrage play.
Decentraland co-founder Ari Meilich is teaming up with gaming industry heavyweights to launch Big Time Studios. Everyone from Ashton Kutcher to Sam Bankman-Fried is involved in the $10.3 million Series A round of funding.
DCG has become the second-largest shareholder in blockchain company Streami, operator of crypto exchange Gopax.
GBTC has been trading at a discount for several months in the face of rising competition and the prospect of a bitcoin ETF being approved in the U.S. this year.
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging the bitcoin mining firm’s operations had infringed upon its patent.
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
Employees at crypto news publication CoinDesk were told Tuesday that the firm is moving into the same building as its parent, Digital Currency Group.
Just-launched sidechains startup Horizen Labs has raised $4 million in a seed funding round – twice what it had initially planned.
Venture capital firms Polychain and Digital Currency Group have invested an undisclosed sum in cryptocurrency futures exchange CoinFLEX.
PayPal co-founder and venture capitalist Peter Thiel has backed a $2.1 million seed round for crypto investment startup Layer1.
A number of major cryptocurrency firms are forming the Blockchain Association to lobby Washington, D.C. lawmakers on regulations in the space.
Grayscale Investments announced Thursday morning that the new Zen Investment Trust is now open to accredited or institutional investors.
Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts for ethereum, litecoin, XRP and bitcoin cash today.