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Browsing: Investment & Funding
Blockchain & Crypto VC Funding News
Latest VC investment & funding news of blockchain & crypto startups, including DeFi, NFT, GameFi, Metaverse, FinTech, and other Web3 firms.
ALEX is an open-source DeFi protocol built on Bitcoin via Stacks Blockchain and modelled on the world’s financial markets.
Spectral Finance is building a decentralized credit risk infrastructure based on a user’s on-chain activity and behavior.
Pocket RD is developing 3D Avatar and Blockchain XR technology solutions to enable people with more expressive ways to communicate.
Forte’s blockchain gaming platform allows game publishers to easily integrate blockchain technologies into their games.
Saddle enables cheap, efficient, swift, and low-slippage swaps for traders and high-yield pools for LPs.
The DEX will leverage Stacks mainnet which acts like a layer-two network and enables smart contract functionalities on Bitcoin.
“Advancements in blockchain technologies and decentralized finance are creating opportunities for products, platforms, and services that have a massive addressable market,” states Cadenza Ventures Managing Partner Kumar Dandapani.
By introducing NFTs and play-2-earn strategies, Phantasia is creating a unique and highly differentiated fantasy sports experience that is supported by a strong community.
QuickNode also revealed that the demand for its blockchain infrastructure platform skyrocketed this year as companies continue to adopt blockchain as part of their product strategy.
This new funding brings the total raise of FTX till date to $1.42 billion. The crypto startup intends to use the fund to expand into new domains, and improve its current product portfolios.