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Fundraising
Blockchain-Powered Reinsurer Re Raises $14 Million Seed Round to Build Decentralized Market
The company sees its protocol as providing collective backing of insurance policies in a similar way to the Lloyd’s of London market.
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
Investors in the round included Tiger Global, Tusk Venture Partners, Circle Ventures and Shima Capital.
Crypto Giant FTX Eyes Raising Money to Fund Acquisitions: Source
Sam Bankman-Fried’s exchange is raising capital as it considers a retail-focused deal, a person familiar with the matter said.
Crypto Investment-Product Firm 21Shares' Parent Raises $25M, Pushing Valuation to $2B
The newly formed 21.co launched as the parent company of ETP issuer 21Shares and technology platform Onyx.
Stacked, the Web3 Version of Twitch, Raises $12.9M
Crypto-focused venture capital firm Pantera Capital led the fundraise.
Solana-Based Automation Network Clockwork Raises $4M in Seed Funding
The decentralized network utilizes the Solana validator to facilitate tasks such as automated payments.
New Galaxy Crypto Fund on Path to Raise $100 Million by Year End
The crypto merchant bank's Liquid Alpha Fund launched last quarter with internal capital.
Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
The funds will be used by the Latin American firm to expand infrastructure and build payment rails.
DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
The project will use the funds to boost the utility of the INJ Token.
Bits Crypto Raises $1.2M to Facilitate Gradual Investments in Crypto
The round was led by HOF Capital, the firm that previously invested in MoonPay, Stripe and Kraken.
