Blockchain / Crypto
Indian Ethereum scaling platform Polygon raises $450M led by Sequoia Capital India
Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital and prominent investors like Alan Howard (Co-Founder, Brevan Howard) and Kevin O’Leary…
Singapore’s Blockchain Founders Fund announces first close of $75M venture fund
Singapore venture capital (VC) fund Blockchain Founders Fund (BFF) announced Thursday the principal close of its $75 million BFF II. Some of the notable investors participating in BFF II include NEO Global Capital (NGC), Appworks, Sebastien Borget COO of The Sandbox, GSR, LD Capital, Metavest Capital, TechMeetsTrader, Zipmex, Baksh Capital, Octava, Aria…
The Sandbox and Brinc announce $50M Open Metaverse Accelerator Program funding for 100 startups
The Sandbox, a decentralized gaming metaverse and a subsidiary of Animoca Brands, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.
Thailand sets guidelines on the usage of digital assets as payment
The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and Ministry of Finance (MOF) in Thailand have jointly reviewed the benefits and risks of digital assets, and deem it necessary to regulate the usage of digital assets as a means of payment for goods and services, to avert potential impacts on the country's financial stability and…
Indian crypto investment startup Flint banks $5.1M funding led by Sequoia Capital India and GFC
Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.
Kakao-backed blockchain platform Klaytn inks five key partnerships for global expansion
Klaytn, a public blockchain platform developed by internet giant Kakao Corp, has signed five key partnership deals to pursue its global expansion plans.Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.
Singapore blockchain gaming startup Infinity Force raises $5.5M seed investment led by Animoca Brands
Infinity Force announced its $5.5 million seed-funding raise led by Animoca Brands. Other participants in the round included JUMP Capital, Sky Vision Capital, OKex Blockdream Ventures, MEXC, GSR, Double Peak Group, Tokenbay, DWeb3, and more. It will use the new funding to further scale its functionality to facilitate onboarding games, guilds and players, as…
Vietnamese blockchain gaming guild Ancient8 raises $4M seed fund from Dragonfly, Pantera, and Hashed
Ancient8 announced the completion of a $4 million round of seed financing led by Dragonfly Capital, Pantera Capital, and Hashed. The round also saw the participation from strategic backers including Mechanism Capital, Coinbase Ventures, Alameda Research, 3Twelve Capital, Coin98 Ventures, Kyros Ventures, Raydium, Jump Capital, GuildFi, Impossible Finance,…
Hong Kong gaming firm Animoca Brands raises $358.89M at $5B valuation to grow the open metaverse
Animoca Brands has completed a capital raise of $358.89 million at a pre-money valuation of $5 billion. The round was led by Liberty City Ventures, with other investors including 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident,…
