Venture Capital


Finance

Paxos Raises $300M, Joins Crypto Unicorn Club at $2.4B Valuation

The back-end provider for PayPal and Venmo is raising “confidence capital” to expand operations, said CEO Charles Cascarilla.

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Finance

Bumper, a DeFi-Based Crypto Volatility Protection Plan, Raises $10M

The project shields users from crypto’s dips. Under the hood, it’s all about DeFi.

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Finance

'AWS for Blockchains' Alchemy Closes $80M Funding Round at $505M Valuation

Alchemy powers most of DeFi and almost all the big NFT platforms. The round was co-led by Coatue Management.

Left to right: Joe Lau, Alchemy co-founder, and chief technology officer; Nikil Viswanathan, Alchemy co-founder and CEO; John Hennessy, Google chairman and Alchemy investor

Finance

Volt Capital Unveils $10M Fund Backed by CMT Digital, Balaji Srinivasan

Soona Amhaz’s venture firm has been quietly making equity plays across the crypto space for seven months.

Volt Capital General Partner Soona Amhaz

Markets

Overstock Completes Deal to Convert Medici Ventures Into Fund Managed by Pelion

The deal is part of Overstock’s plan to exit its blockchain-related investments.

Overstock CEO Jonathan Johnson

Finance

This VC Gave Coinbase Its First Check

Initialized Capital’s Garry Tan first came across Coinbase founder Brian Armstrong when the latter was still at his day job debugging Airbnb.

Initialized Capital co-founder Garry Tan

Videos

Rap Legend Nas Could Make $100M Windfall From Coinbase Investment

Rap icon Nas invested in Coinbase in 2013, and he could net $100 million when the crypto exchange lists on the Nasdaq Wednesday. “The Hash” panel discusses how the Coinbase listing fits into the greater venture capital ecosystem.

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Finance

Rap Icon Nas Could Net $100M When Coinbase Lists on Nasdaq

Nasir Jones’ QueensBridge Venture Partners invested in 2013. A source familiar with the matter confirmed QueensBridge is still on the Coinbase cap table.

Nas performs in Oakland, Calif., Feb. 21, 2020.

Finance

Communitas Capital's 'Infrastructure-First' Investing Approach Is Paying Off With Coinbase and Others

Ex-Reuters CEO Tom Glocer was an angel investor in Coinbase’s 2015 Series C round. Here are the other crypto VC bets his Communitas Capital is making.

Communitas Capital co-founder Tom Glocer

Finance

Crypto Trading App Atani Raises $6.25M

The funding round was led by JME Ventures, an early investor in unicorn payments provider Flywire.

Atani co-founders Paul Barroso and Haydée Barroso