Are pension funds poised to invest in crypto assets? Not yet, argues Noelle Acheson – but a shift has started.
The University of Michigan, which has an endowment valued at about $12 billion, may further invest in Andreessen Horowitz’s crypto fund.
Sequoia India has led a $3 million funding for Band Protocol, a startup that incentivizes reliable content producers with token rewards and staking.
A slide deck obtained by CoinDesk shows Pantera has secured the majority of its third venture fund, though the bear market has slowed progress.
Blockchain and crypto security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz's Galaxy Digital.
A U.S.-based crypto market surveillance startup led by former Goldman Sachs fintech engineers has raised $3 million in seed funding.
The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.
Fairfax County Retirement Systems has released details about its investment in a blockchain fund, apparently to quell fears about it.
Barclays' accelerator program, Ripple and others have backed a $1.7 million round for a new remittance startup that will use XRP.
The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.