A16z, Polychain Invest $25 Million in Crypto Payments Startup Celo
Mobile-friendly cryptocurrency payments startup Celo has raised millions from A16z and Polychain in a private token sale.
Dozens of blockchain companies and investors are committing to promote Celo tokens in some fashion by joining the cLabs “Alliance for Prosperity.”
Cryptocurrency investment firm Polychain Capital is targeting $200 million for a second venture fund.
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.
StakerDAO will allow participants to vote on where to best earn rewards as validators in a given proof-of-stake network.
Polychain, one of the most elite funds serving startups in the crypto industry, is no longer a billion-dollar operation.