VCs investing in cryptocurrency projects have considerably narrowed their investment criteria, shifting off of speculative narrative-based investments into revenue-oriented opportunities. According to industry executives, this shift is a paradigm shift in the evaluation and approval of digital asset investments. Sylvia To of Bullish Capital Management said that investors are no
Polymarket, a blockchain-based prediction market, is reportedly in discussions to secure over $50 million in new funding, as reported by The Information. The platform is also exploring the possibility of launching a dedicated token, which could enhance its betting market functionality. If successful, this token is anticipated to be a
On Monday, Franklin Templeton, a global investment management organization gave an announcement. It says Franklin OnChain U.S. Government Money Fund (aka ‘The Fund’) recorded $270 million in Assets Under Management (AUM) till March end of 2021. It is mentioned that the Fund utilizes the Stellar blockchain network for all activities
NFT platform Sorare closing in on $532M funding round The recent fundraising round, supposed to be led by SoftBank. Sorare positioned 6th on the list of top NFT collectible projects. Sorare, a global fantasy football game where players can play with officially licensed digital cards, closing in on a $532
Meson Network raised $3.5 million in funding round. Other fintech companies are also involved in the funding round. The Crypto industry has seen many funding rounds. In the funding round, the decentralized exchange and privacy platform, Meson Network has raised $3.5million. The project is focusing to build an efficient bandwidth
Amber Group raised a fund of $100 million. The companies that purchased Bitcoin (BTC) are Tesla and Square. The new capital raised will be used to make strategic acquisitions. An integrated crypto financial services firm, Amber Group has raised a fund of $100 million as traders rush to back companies
Kikitrade’s total capital fundraises to $12 million. Allan Howard has become a backer for Kikitrade. Kikitrade has recorded a massive growth in 2021. Kikitrade, an Asia-based cryptocurrency investment platform, raises total capital funds to $12 million. Besides, the platform receives $4 million in strategic funds from British hedge fund billionaire
