Global cryptocurrency exchange KuCoin aims to go beyond a centralized trading service. and focused on Web3 with new funding backed by companies like Circle Ventures.
KuCoin announce It officially announced on May 10 that it will raise $150 million in a pre-Series B funding round, bringing the company’s valuation to $10 billion.
Latest fundraising round Its main goal is to strengthen the exchange’s partnerships with key industry players as well as promote wider adoption of crypto. KuCoin CEO Johnny Lyu … Read more
Binance has announced that it has led a $150 million funding round for Sky Mavis, creator of Axie Infinity, to return funding to Ronin Bridge, along with Animoca Brands, a16z, Dialectic, Paradigm and Accel. Refunds to users affected by Ronin Validator Hack
On March 23, the Sky Mavis Ronin validator nodes and Axie DAO validator nodes were compromised, resulting in 173,600 Ethereum and 25.5 million USDC stolen from the Ronin Bridge. Sky Mavis will onboard 21 validators within the next … Read more
Solana Ventures, the investment arm of Solana Labs, announced Tuesday that It has set up a new $150 million fund to support blockchain gaming startups.
The fund was launched in collaboration with Forte, a blockchain gaming startup that recently raised $725 million in new funding, and Griffin Gaming Partners, a VC firm focused on the gaming sector and leading investors in cryptocurrency. Forte
The fund’s funding will be in dollars and not Solana tokens (SOL), according to a Solana Labs … Read more
Cross-border payments company Chipper Cash has raised $150 million in an expansion of its Series C investment round led by cryptocurrency exchange FTX, according to the company.report from TechCrunch
May funding investors participating in the expansion round include SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way … Read more