Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital
Other investors in the Series C round included a16z, Bain Capital Crypto and Distributed Global.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YKTFPQWP5FDEJPW2CU2C5VUJAM.jpg)
Sponsored
May 25, 2023 at 1:00 p.m. UTC
May 25, 2023
Brandy Betz
:format(webp)/www.coindesk.com/resizer/hUv1U9cMP77z__1hmpusCl6kqtA=/arc-photo-coindesk/arc2-prod/public/5WF4AJAWOJA7FDQBEIWAKGTGYA.jpg)
Recent
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/57NMZPK535AN3LDCTXOQAO75DA.jpg)
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.
Sponsored
May 24, 2023 at 1:46 p.m. UTC
May 24, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Z3X4SAIOBRCEXH57JFIQDFZPDU.jpg)
TradFi Hedge Fund Hunting Hill Starts Crypto Arm
Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.
Sponsored
May 24, 2023 at 1:00 p.m. UTC
May 24, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6WZVRHKM3ZGNZO6HD3M3HQIBFM.jpg)
Multicoin Leads $2.3M FastLane VC Deal, Continuing Its Bet on MEV Infrastructure
The crypto-focused investment firm has now backed three projects centered around maximal extractable value (MEV), a way for validators to earn extra money from traders.
Sponsored
May 23, 2023 at 2:00 p.m. UTC
May 23, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CJAX6OS4LRCSXHOB4MEKPE7TQY.jpg)
LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.
Sponsored
May 23, 2023 at 1:30 p.m. UTC
May 23, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QCTJI2LUTBATDH75EPCMP7VCO4.jpg)
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners.
Sponsored
May 18, 2023 at 3:25 p.m. UTC
May 18, 2023
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.
Sponsored
May 17, 2023 at 1:33 p.m. UTC
May 17, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/D7OJXH6Y55BEPFWV7B76ZESO3Q.jpg)
Ripple Buys Crypto Custody Firm Metaco for $250M
Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.
Sponsored
May 17, 2023 at 12:00 p.m. UTC
May 17, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KYU7UIHSMRGW5CHEY4ODLQERUE.jpg)
Peter Thiel Backs Bitcoin Startup River in $35M Round
The Series B funding for the Bitcoin financial services provider was led by Kingsway Capital.
Sponsored
May 16, 2023 at 1:38 p.m. UTC
May 16, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4AP55NCGBNCADKTGI5V5AMES7U.jpg)
Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M
Marathon's CEO, Fred Thiel, sits on the board of the web infrastructure startup.
Sponsored
May 16, 2023 at 1:36 p.m. UTC
May 16, 2023