Browsing: Investment & Funding

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.

“We are building a tool that will serve as a registry to galleries and even Ecad, aiding in better controlling of their assets and resources,” states Daniel Peres Chor, Founder of Tropix.

Jambb claims that it is changing the paradigm of the “traditional” NFT by giving fans a chance to actually own rare, exclusive comedy collectibles minted in small batches, and utilize that content in a myriad of ways via the Jambb platform.

The $1 billion fund will be divided across four key initiatives: Investments, Builder Program, Talent development, and Liquidity Incentives.

The Series C funding round was led by Coinbase Ventures and Andreessen Horowitz (a16z), with participation from previous investors Sequoia Capital, Paradigm, Ribbit Capital and Tiger Global.