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Fundraising
Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
While Worldcoin's technology is based on iris scans, Humanity Protocol uses palm prints.
Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy
Unlike paid shills of yore, "key opinion leaders" invest in the projects they promote on social media. In return for buzz, they can sell tokens sooner than other investors.
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else's.
Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital
The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-founder Joshua Lim said in an interview.
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
The platform has previously launched NFT collections for celebrities such as DJ Steve Aoki and actor Val Kilmer.
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes."
Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.
Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.
ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.
Optimism Sells $89M OP Tokens in Private Transaction
The tokens were sold to an undisclosed buyer and will be vested for two years.
