Funding

Nirvana Labs said its revenue has increased 650% this year, and has raised $5.7 million across rounds

This week’s biggest funding round saw Jump Trading, JPMorgan contribute to the round

One of the big mistakes that non-crypto VCs make is assuming that crypto can be treated as yet another vertical they can enter easily, Framework Ventures co-founder told Blockworks

Other notable raises included two Series As from Conduit and Crossover Markets

Bondex, which seeks to gamify recruiting, announced a $10 million raise across rounds

The first quarter of the year is off to a good start so far, but it’s clearly still below the highs of last cycle

Plus, VC dollars are pivoting away from modular tech

The protocol’s ambitions for securing networks go beyond Ethereum

The asset management platform announced a $10 million Series A

This week saw an infrastructure layer and a modular blockchain solution lead the way in terms of the amount raised

Cause of $300 million-plus “unauthorized leak” still unknown as company gets set for big fundraise

Babylon led the pack of funding announcements alongside OpenSocial, Aperture and Scrypt

Big deals this week include Web3 social media platform Farcaster’s fundraise of $150 million in a Series A led by Paradigm

Uniswap Labs said it’s ready to fight back if the SEC takes the crypto firm to court

Paradigm led the permissionless social media protocol’s fundraise just months after the launch of Frames

Humanity Protocol also announced a $30 million round, giving the Worldcoin competitor a $1 billion valuation

Fast things can always be faster, right?

The 501(c)(4) nonprofit organization has not yet filed any disclosures, but noted plans to support two Democrats and three Republicans in Congressional races

Plus, zk startup Lagrange scores $13.2 million and an agricultural tokenization protocol announces funding

Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

Plus, Movement Labs bags $38M and a wallet provider scores $15M

Plus, Puffer joins the restaking round club and a Bitcoin Runes DEX announces seed funding

While crypto fundraising remains well off its bull market highs, Q1 data shows capital is returning to the space

The firm raised the funds for the American Dynamism, Apps, Games, Infrastructure and Growth ventures, a post said