Venture Investments | ForkLog

ForkLog 13 16.02.2021

Nexus Mutual, a DeFi mutual-insurance project, raises $2.7 million

Nexus Mutual, a DeFi mutual-insurance project, has attracted $2.7 million in funding for further protocol development through the sale of its native NXM tokens. CoinDesk reports.

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ForkLog 30 14.02.2021

DeFi project Synthetix raises $12 million in round led by Paradigm and Coinbase Ventures

The Synthetix platform for synthetic assets raised $12 million in funding through a direct sale of native SNX tokens, according to Cointelegraph.

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ForkLog 21 12.02.2021

Kraken launches venture capital fund

American bitcoin exchange Kraken has launched a venture capital fund to invest in early-stage startups in the fields of cryptocurrencies, decentralised finance, blockchain and fintech.

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ForkLog 11 12.02.2021

Balancer DeFi protocol raises $5 million in token sale

Balancer Labs, the company behind Balancer, attracted investments of $5 million from Three Arrows Capital and DeFiance Capital through a direct sale of BAL tokens.

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ForkLog 14 12.02.2021

Jack Dorsey and Jay-Z to earmark 500 BTC for Bitcoin developers

CEO Twitter Jack Dorsey announced that, together with rapper and producer Sean Corey Carter, known as Jay-Z, he would allocate 500 BTC (~$23.6 million) to a fund financing Bitcoin developers.

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ForkLog 13 10.02.2021

Digital Finance Group to Invest $20 Million in Polkadot Ecosystem Development

The venture firm Digital Finance Group (DFG) announced the creation of a dedicated $20 million fund that will back projects in the Polkadot network.

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ForkLog 26 10.02.2021

Celo blockchain project raises $20 million from a16z, Greenfield One and Electric Capital

The Celo startup closed a $20 million funding round with participation from the major venture capital firm Andreessen Horowitz (a16z) and Greenfield One and Electric Capital.

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ForkLog 11 10.02.2021

Singapore launches $50m fund to invest in DeFi projects

Singaporean investment company Spartan Group announced the creation of a new $50 million venture fund to back DeFi projects.

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ForkLog 10 09.02.2021

Castle Island launches a $50 million venture fund

Castle Island Ventures has launched its second venture fund with $50 million in assets. CIV II will focus on decentralised finance firms, The Block reports.

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ForkLog 11 09.02.2021

Binance Labs leads $2.4 million funding round for Plasm Network

Binance Labs, the blockchain incubator, has become the lead investor in Plasm Network, a smart-contract platform on the Polkadot blockchain with support for the Ethereum Virtual Machine and Layer 2 solutions, according to a press release.

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ForkLog 9 06.02.2021

Institutional roundup: Deutsche Bank invests in Axoni; Coinbase backs Terra stablecoin

The cryptocurrency industry is attracting an ever-growing number of institutional players. This is reflected in both new investments in infrastructure and in the increasing scrutiny companies are applying to Bitcoin as an asset class. The most noteworthy events of the past weeks are in ForkLog's review.

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ForkLog 14 06.02.2021

0x Project raises $15 million in Series A

0x Labs, specializing in infrastructure solutions for decentralized exchanges (DEXs), raised $15 million in a Series A funding round.

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