fundraising
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Portal and one of its investors stressed that its atomic swap technology will take time to launch
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Raiser is partnering with Playbux for a novel means of giving users pre-listing access to project tokens
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“A lot of teams come to me and say, ‘Hey, we’re going to raise another five, 10 million because we want to hire a head of marketing,’ and I’m like…you don’t even have a product,” Santos says
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Web3 companies led in deal count, while those in the trading category secured the highest total capital in Q3, according to Galaxy Digital research
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The Fairblock team has recently secured $2.5 million from investors to bring conditional encryption to blockchains
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More real-world adoption and regulatory certainty is needed in the segment to boost depressed M&A activity, according to Architect Partners executive
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FTX is reportedly on the hunt for more capital to fuel its acquisition ambitions, after raising $400 million in January
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The Singapore-based company, which was previously known as Bank of Hodlers, supports over 30 cryptocurrencies and operates across over 160 countries, with a strong foothold in Europe and India.
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The cryptocurrency market has experienced a huge uptick in fundraising, with blockchain start-ups raising a record $4.38 billion in Q2 of this year, according to data from CB Insights.
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Prior to this round, Biconomy raised $1.5 million in a seed round back in Q4 2020, CEO Ahmed Al-Balaghi said in an interview with Blockworks.
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The round included participation from Variant Fund, Jump Capital, DeFi Alliance, and Solana Foundation.
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The company’s fifth fundraising, also known as “Fund V,” was oversubscribed at its $300 million hard cap with investors from around the world, the company said.
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The round marks the first time a blockchain technology company has received major institutional funding from Morgan Stanley, said Carlos Domingo, co-founder and CEO of Securitize.
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The San Francisco-based company raised $10 million in Series B funding in late January.
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Meanwhile, Blockdaemon, the leading independent blockchain infrastructure platform, raises $28 million in Series A funding, backed by BlockFi.
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