737
Views
0 CommentsCrypto venture investment firm Variant has raised $450 million across two new funds targeting the Web3 and decentralized finance market, which include $300 million for a so-called opportunity fund and $150 million to invest in nascent startups. According to Thursday’s announcement, the company raised $300 million for a so-called opportunity fund as well as a…
Lessons from the crypto crash: Just like in the aftermath of the dot-com bust, the crypto market now has to trim the fat, writes Axel Nussbaumer on Cointelegraph. The economist Benjamin Graham, known to some as the father of value investing, once compared the market to a voting machine in the short run and a…
With the emergence of decentralized finance (DeFi), NFTs that broadly represent financial ownership and rights, often dubbed “financial NFTs,” are showcasing exciting use cases of NFTs the space has never seen. Solv Protocol, a DeFi startup, is a platform for creating, managing, and trading financial NFTs, or Vouchers. “The most pressing problem in the emerging…
Cronos, the DeFi and Web3 gaming-focused blockchain network by Crypto.com, has launched the Cronos Accelerator Program aiming to help developers and builders accelerate the ecosystem’s growth. The Cronos Accelerator Program is funded by the $100 million Cronos Labs Ecosystem Fund to provide investments and guidance to early-stage blockchain projects. The Cronos Accelerator Program is funded…
As the metaverse disrupts the existing technological landscape, Rob Gryn, CEO of Dubai-based startup Everdome, told Gulf Business how Everdome and Metahero are on a journey to create something the world has not seen yet. Mark Zuckerberg once said, “Today, I think we look at the internet. But in the future, you are going to…
Major venture capital firm Andreessen Horowitz (a16z) has unveiled the largest-ever $4.5 billion crypto fund despite the ongoing downturn in the global financial markets. Focused on crypto and Web3, the new Crypto Fund IV is double the size of its previous fund, launched in 2021. The new fund is double the size of the last…
