Venture Investments | ForkLog

ForkLog 6 20.12.2024

Beyond the Wild West: why VCs are leaving crypto—and crypto is leaving VCs

In the year now ending, analysts observed a marked rollback in venture funding for cryptocurrency projects to levels reminiscent of 2017. There is, however, a silver lining: some initiatives are trying to revive a spirit of independence from VC—at least in their declarations. Oleg Cash Coin explains why for ForkLog readers. Not so long ago […]

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ForkLog 16 20.12.2024

Plume Secures $20 Million from Brevan Howard Digital, Haun Ventures, and Lightspeed Faction

The modular blockchain Plume has concluded a Series A funding round, raising $20 million. The project attracted investments from Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, Reciprocal Ventures, and other firms. RWAfi is here. Today, we’re proud to announce our $20M […]

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ForkLog 10 18.12.2024

AI Startups Complicate Funding for Traditional Firms

Companies not associated with artificial intelligence are encountering difficulties in securing funding. This statement was made by Tribeca Venture Partners co-founder Brian Hirsch, as reported by TechCrunch. Founders of such projects feel “like they’re in high school and weren’t invited to the party.” They may have a solid business and revenue growth, but no one […]

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ForkLog 21 17.12.2024

Tether Invests in StablR to Boost Stablecoin Adoption in Europe

Tether, the issuer of USDT, has invested an undisclosed sum in the European stablecoin provider StablR as part of its strategy to promote asset adoption in the EU. Tether Invests In StablR To Promote Stablecoin Adoption In EuropeRead more: https://t.co/y8HtQXEwjR — Tether (@Tether_to) December 17, 2024 “The European stablecoin market, with a capitalization of $400 […]

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ForkLog 12 03.12.2024

Arthur Hayes Predicts a Resurgence of ICO’s “Glory Days”

Current projects focus on meeting the demands of exchanges and venture funds. Meme coins have become a counterbalance to projects backed by venture companies. Former BitMEX CEO Arthur Hayes proposed a roadmap for the return of ICOs. Amidst the growing dominance of venture investors and centralized platforms, there is a call to return to the […]

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ForkLog 12 11.11.2024

TAC to Develop EVM-Compatible Solution for Telegram

Developers of the L2 network TAC have announced the creation of a technology enabling Telegram users and the TON ecosystem to access EVM applications, reports The Block. The team has raised $6.5 million in a seed funding round led by Hack VC and Symbolic Capital. Other participants include Primitive, Paper Ventures, Karatage, Animoca Ventures, Spartan […]

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ForkLog 12 21.10.2024

Crypto Venture Investors Turn to AI Projects

In the third quarter of 2024, crypto venture investors allocated $213 million to AI-related projects, according to a report by Messari. Investment trends in AI projects. Source: Messari. This marks a 340% increase from the previous year and a 250% rise from the prior reporting period. Investments are directed towards various sectors such as decentralized […]

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ForkLog 15 03.10.2024

OpenAI Secures $6.6 Billion, Valued at $157 Billion

The AI firm OpenAI has raised $6.6 billion, valuing the company at $157 billion. This transaction ranks among the largest in the history of venture capital investments. “The new funding will allow us to double down on leading-edge AI research, expand computational capabilities, and continue developing tools to help people solve complex problems,” the company […]

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ForkLog 8 24.09.2024

Polymarket Seeks $50 Million Funding and Considers Token Launch

The decentralized prediction market platform Polymarket aims to raise $50 million and is contemplating a token issuance, according to The Information, citing its own sources.

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ForkLog 9 24.09.2024

Crypto Venture Firms Secure Over $2.2 Billion in August

In August, cryptocurrency venture firms secured over $2.2 billion, according to The Block, citing PitchBook. Analysts highlighted ParaFi Capital with $120 million, Borderless Capital with $100 million, Hack VC with $77 million, and Robot Ventures with $75 million. Experts noted that several funds are actively seeking new capital this year. Dragonfly Capital aims to raise […]

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ForkLog 23 11.09.2024

Binance Labs Invests in Blum

Binance Labs, the venture arm of Binance, has invested an undisclosed amount in the mini-application and upcoming exchange Blum. The investment was part of the seventh season of the Most Valuable Builder (MVB) programme by BNB Chain at the end of August. According to the company, the Blum team had to “resolve some legal and […]

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ForkLog 30 14.08.2024

TON Ventures Secures $40 Million in Funding

Former TON Foundation employees Jan Wittkopp and Inal Kardan founded the venture firm TON Ventures, securing initial investments of $40 million. The initiative aims to support startups within The Open Network (TON). “We will invest at the application level, as well as in tools that enhance the development and monetization process of TON ecosystem applications,” […]

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