Financial infrastructure innovator Prime Trust has raised over $100 million in a Series B funding round. Chief Financial Officer Rodrigo Vicuna shares insights into growth plans and what they mean amid a sour mood in the crypto markets.
Axelar, a decentralized network connecting multiple blockchains, has closed a $35 million Series B funding round at a $1 billion valuation. Axelar Network CEO & Co-Founder Sergey Gorbunov shares insights into the raise, exploring the “complicated technology” of blockchain interoperability and its role in DeFi hacks.
Pledging to launch its private, programmable Aleo blockchain network “later this year,” crypto startup Aleo Systems raised $200 million in a Series B funding round led by SoftBank, Tiger Global, and others. Aleo’s Series B represents the largest fundraising round ever in the zero-knowledge space.
Phantom, the company building Solana’s top crypto wallet, is now worth $1.2 billion following a $109 million Series B raise led by crypto venture firm Paradigm. This comes as Phantom debuted its iOS app Monday, all part of a move to compete with Metamask, the popular wallet owned by ConsenSys.