Tag: CryptoInvestments

Aptos, a blockchain startup founded by former Meta employees, announced a $150 million round led by FTX Ventures and Jump Crypto on July 25. The round brought the startup’s total funds raised in 2022 alone to $350 million. According to Bloomberg, the startup’s latest raise includes new investors such as Griffin Gaming Partners, Franklin Templeton,…

Solana-based protocol Cardinal has raised $4.4 million in seed funding. The project aims to improve the utility of NFTs via additional use cases like rentals. Cardinal, an infrastructure protocol based on the Solana blockchain, has raised $4.4 million in a seed funding round, aiming to use funds to improve the utility of non-fungible tokens (NFTs)….

Crypto exchange KuCoin has announced its investment from trading firm Susquehanna International Group (SIG) of around $10 million, with plans to collaborate in blockchain startup incubation and KCS & KCC ecosystem building.  According to a press release by KuCoin, it will use the funds to upgrade platform infrastructure and enrich the product lineup, preparing for…

Crypto exchange FTX, co-founded by billionaire Sam Bankman-Fried, is reportedly looking into raising a new round of capital after its recent spending spree added new digital assets marketplaces to the fold. FTX and FTX US are both raising fresh capital, people familiar with the matter who aren’t authorized to discuss ongoing discussions told Bloomberg on…

The world-renowned auction house Christie’s has launched its venture capital arm, which is set to focus on Web3 projects. Christie’s Ventures’ first portfolio company is the cross-chain interoperability firm LayerZero Labs. Christie’s, the world-famous auction house, has launched a new fund called Christie’s Ventures, Monday’s press release said. The fund will focus on fintech and…

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…