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Venture Capital
$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot
Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.

Barclays Leads $5.5 Million Round for Blockchain Business Payments Startup
Barclays Bank has jointly led a $5.5 million Series A funding round for blockchain-based B2B payments startup Crowdz.

BitGo Co-Founder and Facebook Alum Joins Blockchain Capital
Crypto entrepreneur and investor Ben Davenport is joining Blockchain Capital as a venture partner.

$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One
Galaxy Digital, the crypto bank founded by Michael Novogratz, has sold its position in Block.one, the maker of the EOS blockchain, for $71 million.

Brave Browser to Raise Over $30 Million in Series A Equity Round: Sources
Privacy-centric web browser Brave is raising a Series A round at a valuation of roughly $133 million, sources tell CoinDesk.

Staking-as-a-Service Startup Raises $2 Million From DHVC, Plug and Play
New funding for InfStones, a node operator currently staking over $450 million worth of EOS, will fuel hiring and an expansion into more PoS networks.

Fundamental Labs Fund to Invest $44 Million in Brand-New Bitcoin Miners
A bitcoin mining fund is investing $44 million in brand-new hardware, a longer-term bet than most are making.

Alibaba's Ant Financial Backs $10 Million Round for Blockchain Privacy Startup
Alibaba affiliate Ant Financial has participated in a $10 million funding round for blockchain privacy startup QEDIT and is using the firm's tech.

Gupta Out at ConsenSys Ventures in Shake-Up at Ethereum Startup
Ethereum co-founder Joseph Lubin is reorganizing his Brooklyn-based firm ConsenSys with a new approach to venture backing.

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund
Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.
