Venture Capital

Venture Capital

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm

Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.

Business  ·  1 July 2020
DeFi

This Startup Is Forking Compound to Make Hiring More Efficient

Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.

Business  ·  24 June 2020
Polychain Capital

Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round

Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.

Business  ·  17 June 2020
Newsletters

Crypto Long & Short: Innovation Cycles, Crypto Venture Funds and Institutional Investors

With so much attention on institutional involvement in crypto asset markets, we overlook they are already here through VC investments – less fast-paced, perhaps, but important to keep an eye on for what they reveal about cycles.

Markets  ·  25 May 2020
Crypto Hedge Funds

Pantera Capital Crypto Hedge Funds Are Losing Double Digits, but Bitcoin Fund Is Up 10,000% to Date

Pantera Capital internal documents show the investment firm's bitcoin fund vastly outperforming its more exotic crypto-asset funds.

Business  ·  15 May 2020
Bitcoin

Ashton Kutcher and Michelle Phan Invest in Lolli’s $3M Seed Round

Lolli, the bitcoin rewards shopping app, attracted celebrity investors in a $3 million round led by the early-stage arm of Peter Thiel’s Founders Fund.

Business  ·  11 May 2020
Security

As Pandemic Decimates Startups, Privacy Industry Holds Strong

As remote work becomes the norm, privacy-focused startups see COVID-19 as an opportunity to expand.

Business  ·  5 May 2020
Venture Capital

Dragonfly Capital Managing Partner Alexander Pack Steps Down

Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.

Business  ·  28 April 2020
Venture Capital

Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License

Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors.

Business  ·  16 April 2020
DeFi

Chinese DeFi Platform dForce Raises $1.5M From Multicoin, Huobi Capital

One of China’s largest DeFi platforms has raised $1.5 million from Multicoin Capital, Huobi Capital and CMB International to expand its product lineup.

Tech  ·  14 April 2020
Venture Capital

VC Firm Andreessen Horowitz Targets $450M for Second Crypto Fund: Report

Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.

Business  ·  14 April 2020
Venture Capital

Banking API Platform Sila Raises $7.7M on Promise of Programmable Money

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

Business  ·  8 April 2020
Investments

Your Crypto Startup Needs a Recession Strategy

A shakeout is coming in crypto venture capital and entrepreneurs should react with a new plan, says our columnist.

Business  ·  7 April 2020
Acquisitions

Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report

The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.

Business  ·  6 April 2020
DeFi

Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi

Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.

Tech  ·  2 April 2020