News with the tag "Funding round"

Alex Dolesky thought his startup's push to "financialize" the sleepy uranium spot market would be a hit as nuclear energy stages a global comeback. All that tokenized yellowcake's looking more like gold. Months after netting its first $1.7 million from venture investors, Uranium Digital raised anoth...

Crossmint, a blockchain infrastructure firm helping companies build on-chain applications, has raised $23.6 million in funding. The company, which has over 40,000 users, aims to simplify blockchain adoption by enabling firms to integrate wallets, tokenization, and payments with minimal code, accordi...

The team behind real-world asset (RWA)-focused layer-1 blockchain Mavryk Network, said it raised $5.2 million to advance its plans to integrate tokenization and decentralized finance (DeFi). The investment round was led by Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventur...

Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported on Monday . The funding round was completed in December, with Franklin Templeton and Fidelity Investments-affiliated F-Pr...

Elastos, a project looking to turn Bitcoin into a more fruitful base for decentralized finance (DeFi), has raised $20 million towards that goal. Elastos, a decentralized infrastructure provider, aims to scale its Bitcoin DeFi protocol BeL2 as a utility layer for the world's original blockchain. The ...

Crypto accounting platform Cryptio has raised $15 million in an extension to its Series A funding round from June 2022 . Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital, Cryptio told CoinDesk via email on Wednesday. The $15 million rais...

Decentralized identity project Humanity Protocol has closed a $20 million funding round, raising its valuation to $1.1 billion. The funding round was co-led by Pantera Capital and Jump Crypto, according to an emailed announcement. The project last raised $30 million at a $1 billion valuation in May ...

San Francisco-based digital asset wallet provider Phantom has announced a significant milestone, raising $150 million in a Series C funding round led by Sequoia Capital and Paradigm. Other prominent participants included Andreessen Horowitz and Variant. The investment has catapulted Phantom’s valuat...

Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.

The crypto industry has a new "unicorn" in digital asset bank Sygnum, which has just closed a $58 million funding round. The Zug, Switzerland and Singapore-based lender closed an oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgar Ventures, according to ...