VC firms Andreessen Horowitz and Union Square Ventures reportedly met with the SEC in March to request that tokens be exempted from SEC oversight.
CryptoKitties will break away from its developer, Axiom Zen, after raising $12 million of venture capital.
USV's Fred Wilson says investors should diversify ahead of any potential "big crash" in cryptocurrencies.
Union Square Ventures partner Albert Wenger has said he will fund a prize aimed to incentivize the creation of blockchain-powered blogging platform.
San Francisco-based startup Protocol Labs has sold $52 million in a token pre-sale ahead of an initial coin offering launch next week.
The developers behind OpenBazaar, the open-source marketplace protocol powered by bitcoin, have raised $3m in new funding.
A hedge fund that specializes in the trading of blockchain-based assets has raised $10m from a notable cast of VCs.
Mediachain has become the latest blockchain startup to join the portfolios of VC heavyweights Andreessen Horowitz and Union Square Ventures.
With more than $800m so far invested in the bitcoin industry, CoinDesk highlights some of the leading firms driving these headline-grabbing rounds.
Decentralized marketplace protocol developer OpenBazaar, has raised $1m from investors including Andreessen Horowitz and Union Square Ventures.