Decentralised ID Protocol World Raises $135M to Support U.S. Expansion
The company sold $135 million in WLD tokens to Andreessen Horowitz and Bain Capital Crypto, according to an announcement on Wednesday.
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Theta Capital Closes $175M Blockchain Ventures Fund IV to Invest in Early-Stage Crypto Startups
The fund will be funnelled through specialised crypto-native VCs with a track record of backing blockchain projects.
Robinhood Acquires Canadian Crypto Firm WonderFi for $179 Million
Robinhood is paying 36 Canadian cents per share, a 41% premium on WonderFi’s closing price on Tuesday.
Coinbase Advances Crypto Derivatives Strategy With $2.9B Deribit Acquisition
Quick take: Coinbase has announced the $2.9 billion acquisition of the crypto options exchange platform Deribit. The two-part…
Dao5 Closes Its Second Fund with $222M Raised for a Multi-Strategy Investment Vehicle
The multi-strategy fund is aimed at “stewarding institutional evolution of crypto,” the company said in a press release seen by NFTgators.
BlackRock Taps BNY Mellon to Offer DLT Shares of Its $150B Tokenised Treasury Trust Fund
BlackRock’s new digital shares will not hold cryptocurrency but will use blockchain technology to reflect share ownership records.
Miden Spins Out from Polygon With $25M Funding Led by A16z Crypto, 1kx and Hack VC
The company plans to use the seed round to accelerate the development of its institutional-grade protocol, focused on privacy and fast transactions.
Paradigm Anchors $50M Series A for Decentralised AI Startup Nous Research
The round was funded almost entirely by Paradigm, according to Fortune at a reported token valuation of $1 billion.
Crypto VC RockawayX Closes $125M Second Fund Focused on Solana-Based Projects
Up to 75%, nearly $94 million of the fund will be invested in Solana-based projects, according to RockawayX’s Samantha Bohbot.
Pantera and Coinbase Ventures Co-Lead $29M Series A for Crypto Restaking Protocol Symbiotic
The company plans to use the fresh capital to expand its crypto staking service into a “broader staking” platform.