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Fundraising
Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
The company said that its initial target for the funding round was $35 million.

Ethereum Staking Platform Kiln Raises $17M for Global Expansion
The crypto firm plans to grow its business in Asia-Pacific with the opening of a new regional headquarters in Singapore.

Messari CEO Ryan Selkis on Future of Crypto's Role in Politics
CoinDesk's Most Influential 2023 recognizes 50 people who defined the year in the digital assets space, which includes Messari CEO Ryan Selkis. Selkis built a political fundraising machine for crypto that could sway elections in 2024. Selkis joins CoinDesk TV to discuss the state of crypto and politics.

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.

Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.

Crypto Fundraising Hits 3-Year Low as Firms Struggle to Raise Capital: Messari
The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020

DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.

Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
The fundraising was led by Blockchange Ventures with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub and TA Ventures.

Crypto Startups Raised $201.4M in Venture Funding Last Week, Led by Infrastructure
The largest fundraises for the week belonged to metaverse startup Futureverse and RISC Zero, which creates developer tools for zero-knowledge proofs.

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
The startup allows developers to incorporate smart contracts into apps.
