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Venture Capital
Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform
Three prominent venture capital firms bought tokens directly from the DAO's treasury.

Nic Carter's Castle Island Ventures Closes $50M Investment Fund
The early-stage VC will continue to invest around its primary thesis, that public blockchains are changing the world.

$72M Crypto Fund Backed by Paul Tudor Jones and LL Cool J Comes Out of Stealth
Led by Glenn Hutchins, the new fund has already invested in Dapper Labs and other crypto projects.

Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures
Coinbase Ventures also joined the round.

Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute
The Series B will fund a push into Asia and the launch of a derivatives business.

South Korea's Hashed Raises $120M Venture Fund for Crypto Deals
Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks.

Paxos, Firm Powering PayPal's Crypto Service, Raises $142M
Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.

How Israeli VCs Are Doubling Down on DeFi Startups
The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020.

Bloccelerate VC Raises $12M Fund to Bet on Enterprise Blockchain Adoption
The Seattle-based firm plans to invest in 10-15 ventures in the blockchain space over the next two to three years.

Ethereum Far Outpaces Bitcoin in Developer Activity in 2020: Electric Capital Report
The number of developers in crypto is ticking up again, and one network remains a clear winner in attracting coders.
