Maps.me startup raises $50 million to build a DeFi ecosystem
The Maps.me startup, behind an offline navigation service, has raised $50 million to build a DeFi ecosystem. The seed round was led by Alameda Research, The Block reports.News and analysis on venture investments in the cryptocurrency market.
Maps.me startup raises $50 million to build a DeFi ecosystem
The Maps.me startup, behind an offline navigation service, has raised $50 million to build a DeFi ecosystem. The seed round was led by Alameda Research, The Block reports.
Institutional Digest: Grayscale assets surpass $20bn as MicroStrategy buys 29,646 BTC
The cryptocurrency industry is attracting an increasing number of institutional players. This is reflected in both investments in infrastructure and the growing attention that companies devote to Bitcoin as an asset class. The most important developments of the past weeks are in ForkLog's overview.
Coinbase backs Titan, a mining-infrastructure software developer, and launches Asset Hub
The largest American bitcoin exchange Coinbase funded Titan, a mining-infrastructure software developer. The amount of the investment was not disclosed in the press release.
Arca raises $10 million in Series A funding
Arca, a digital asset investment management firm, announced the completion of its Series A funding round totaling $10 million.
Media reports plan to raise $1 billion for Telegram from private investors; Durov partially denies.
The Information reported private talks by Telegram founder Pavel Durov with banks and investors. The talks were reportedly about raising $1 billion through the issuance of convertible bonds and an IPO. Durov himself later partially denied this information.
CoinSwitch Kuber raises $15 million in Series A led by Ribbit Capital and Paradigm
The Indian cryptocurrency exchange CoinSwitch Kuber raised $15 million in a Series A funding round led by venture capital firms Ribbit Capital and Paradigm.
Biconomy raises $1.5 million from Eden Block and Binance
Venture firm Eden Block led the seed round conducted by Biconomy, the platform for working with decentralized applications (dapps). The project raised $1.5 million at the seed stage.
Average venture deal size in the cryptocurrency industry rose by 33% in 2020
Venture capital activity surged in 2020. Compared with 2019, the average venture deal size in the cryptocurrency industry rose by 32.5% to $5.7 million. The Block Research analysts shared these observations.
Vauld, an Indian crypto platform, raises $2 million from Coinbase and Pantera Capital
Indian-based cryptocurrency startup Vauld raised $2 million to broaden the platform's functionality and expand into European and U.S. markets.
Crypto venture-capital funding exceeds $3 billion
In 2020, total venture funding in the crypto industry was valued at $3.1 billion across 774 deals. The largest acquisitions were CoinMarketCap, Blockfolio and Tagomi.We use cookies to improve the quality of our service.
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