Blockchain.com said the institutional backing will power an increasingly institutional-minded business.
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.
The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.
Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
Biconomy aims to enable blockchain developers to provide a simplified onboarding and transaction experience for users of Web 3.0 and blockchain projects.
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform.
The Swiss firm plans to expand into the Middle East and Asia and offer services for U.S. institutional clients.
NGC Ventures, Capital6 Eagle and Amber Group co-led the round.
FalconX announced Wednesday that American Express Ventures made the investment as an extension of a fundraise earlier this year, but did not disclose an amount.
The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi.
YIELD sets out to simplify the process of investing in DeFi products.
Axelar is a decentralized protocol designed by the founding members of Algorand to make it easier for dapps to work across blockchains.
API3, a firm aiming to provide an alternative to oracle service Chainlink, has raised $3 million in a private funding round led by Placeholder.
Opium has closed a $3.25 million funding round for its BYOD (build your own derivative) platform
Figment said the latest round will enable it to continue developing its blockchain staking, governance and developer tools.