Venture capital (VC) investors kept busy this past week as Centrifuge, Crypto Valley Exchange and Nebra all clinched new rounds of funding. Crypto Valley Exchange The $7-million funding round consisted of pre-seed and seed rounds. Fabric Ventures and Kyber Capital Crypto Fund co-led the effort. Crypto Valley Exchange also drew support from notable backers like
Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in an interview with Bloomberg News published Wednesday (April 17). As the report noted, Marszalek is making this observation as a rally in the crypto sector has kicked off an uptick in billion-dollar
Ethereum layer-2 blockchain LightLink secured $6.2 million in funding during an extended seed round. Institutional and individual investors participated in the effort. “No further rounds planned [at the moment],” the company stated in a social media post on Saturday, April 6. Due to strong interest, we’re having this single VC round to benefit our ecosystem
Galaxy Digital Holdings is reportedly talking with outside investors to assemble a $100 million fund to invest in early-stage crypto companies. The planned Galaxy Ventures Fund I will focus on financial applications, software infrastructure and protocols building in crypto, aiming to invest in as many as 30 startups over three years, CoinDesk reported Wednesday (April 3), citing
Crypto-focused venture capital (VC) firm Paradigm is reportedly working to raise between $750 million and $850 million for a new fund. The company is currently in talks with investors, Bloomberg reported Tuesday (April 2), citing unnamed sources. Paradigm did not immediately reply to PYMNTS’ request for comment. In 2021, the firm raised what was the
“Because of the more challenging investment environment, investors are becoming more selective and investing in companies that are past the ideation stage,” said Lawrence Loh, a professor at the National University of Singapore Business School. Who is Truong My Lan? From market stall to Vietnam’s biggest fraud case Singapore – home to about 4,000 tech
Sometime between FTX’s collapse and Sam Bankman-Fried’s fraud conviction a year later, a consensus formed about the onetime boy genius of cryptocurrency: His wild, curly hair and beanbag chair naps at the office were largely for show, but his company FTX, which had been used by millions of people to buy and sell digital currencies,
There are a few reasons I couldn’t put down Private Equity, the new memoir of former hedge fund executive assistant Carrie Sun that is making waves for its entertaining and exhaustive detailing of the ins-and-outs of assistant work. For one, there is the lingering question over who exactly she is writing about. Specific names of
Image Credits: Bryce Durbin / TechCrunch On Monday, the Biden administration announced that six new countries had joined an international coalition to fight the proliferation of commercial spyware, sold by companies such as NSO Group or Intellexa. Now, some investors have announced that they too are committed to fighting spyware. But at least one of
Image Credits: Shai Askenazi Arjun Sethi speaks with the confidence of someone who knows more than other people, or else who knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that “in five years, I’ll have 50% of the world’s private data” at his fingertips, and that it