Proceeds from $230 million token sale to be used by the foundation to accelerate DeFi activity on the platform.
Abra’s round was led by Blockchain Capital and IGNIA.
Immutable promises zero gas fees to improve NFT market, speed up transactions, and address carbon impact.
Amberdata plans to expand its research and development further into decentralized exchanges, DeFi and understanding money flows in stablecoins, the CEO said.
Multicoin Capital led $17.4M round for Eden Network while Kraken Ventures joined in $8M Series A funding for Rocket Dollar.
Along with the multi-million dollar Series B funding, both companies are set to expand their crypto-related offerings.
How do cryptocurrencies fit into the overall asset classes? McGarraugh answers this question and more during a recent interview from Blockworks’ Bretton Woods conference.
With its new seed fund, the company is expanding its net for opportunities outside of its usual investments.