Venture Capital

Construct 2017, Stefan Thomas

Ripple to Give Away 1 Billion XRP in Massive Bid to Fund Online Content

| Leigh Cuen

Ripple is making a major investment in Coil, a media platform that pays content creators XRP.

New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

| Daniel Palmer

ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.

Coinbase Backs $4.3 Million Raise for New Crypto Derivatives Exchange

| Daniel Palmer

Blade, a crypto derivatives exchange that hasn't yet launched, has already won backing from major investors including Coinbase.

Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala

| Daniel Palmer

Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.

Multicoin Leads $20 Million Round for Speed-Focused Solana Blockchain

| Zack Seward

Claiming it can handle many more transactions per second than existing blockchains, Solana has raised capital to ramp up development.

Oil Giant Shell Invests in Startup That Uses Blockchain Tech for Energy Tracking

| Daniel Palmer

A blockchain startup that says it's working to give energy consumers more choice has raised an undisclosed sum from Shell and Sumitomo Group.

Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage

| Daniel Palmer

Institutional crypto custody provider Anchorage just raised $40 million in a Series B round backed by Blockchain Capital, Visa and a16z.

Multicoin, Binance, Coinbase Invest in Startup Keeping Private Keys Secure

| Christine Kim

Private key management startup Torus has raised $2 million from some heavy hitters, including Coinbase Ventures, Binance Labs and Multicoin Capital.

Billionaire Investor Henry Kravis Makes First Crypto Investment

| Daniel Palmer

Billionaire businessman Henry Kravis has reportedly made an investment in a crypto fund started by an ex-employee.

Galaxy Digital Leads $5.5 Million Round for Contract Management Startup

| Christine Kim

Crypto merchant bank Galaxy Digital has led a $5.5 million Series A for Clause, a digital contract management startup that uses blockchain tech.