Tag: Capital

Terra Virtua, NFT’s digital collectibles platform, completes US$2.5 million in financing, with participation from NGC

Terra Virtua, the NFT digital collectibles platform, announced the completion of US$2.5 million in financing. Woodstock, Hashed, NGC Ventures, LD Capital, YBB foundation, AU21 Capital, Twin Apex Ventures, Amplifi.vc, Rarestone Capital and other institutions participated in the investment. The funds raised in this round will be used to further build Terra Virtua’s NFT ecosystem. In the future, it is planned to launch Kolect (TVK) tokens to encourage brands, creators and artists to access it. Chain Wen noted that Terra Virtua’s…

Decentralized exchange Switcheo completes US$1.2 million financing led by DeFiance

Decentralized exchange Switcheo (SWTH) announced the completion of a US$1.2 million strategic financing led by DeFiance Capital, a cryptocurrency investment institution, with participation from Three Arrows Capital, Digital Assets Capital Management, DeFi Capital and MXC Exchange (Matcha Exchange). After this round of financing, Switcheo will continue to focus on building cross-chain liquidity protocol development in the DeFi field. DeFiance Capital and other investors will help it expand its user base, actively participate in accelerating the development process of Switcheo, and…

Razor Network, a decentralized oracle machine, completed $3.7 million in seed round financing, with participation from NGC and Alameda Research

According to Coindesk, Razor Network, a decentralized oracle platform, completed a seed round of $3.7 million. Participants included NGC Ventures, Alameda Research, Spark Digital Capital, and Mariano Conti, the former head of the angel investor MakerDAO. Hrishikesh Huilgolkar, founder and CEO of Razor Network, said that the Razor team is using the new funds to build a “truly decentralized oracle solution.” He added that Razor developers designed a “dispute resolution” mechanism, in the event of an attack, the attacker will…

NFT fragment creation and trading platform NIFTEX received 500,000 financing, 1kx led the investment

According to Coindesk, the NFT fragment creation and trading platform NIFTEX received a US$500,000 financing led by 1kx Capital, with participation from CoinFund, MetaCartel Ventures, Sparq and Digital Currency Group. NIFTEX hopes to use the funds to allow anyone with NFT to access the platform without sacrificing the ownership of the original work, and leave something that can be traded. NIFTEX co-founder and CEO Joel Hubert said, “The company released the Alpha version five months ago with a total transaction…

Opium Protocol, an on-chain derivatives agreement, completed USD 3.25 million in financing, with participation from HashKey, Galaxy Digital and other institutions

Opium Protocol, an on-chain derivatives protocol, completed $3.25 million in financing. Investors include QCP Soteria, HashKey, Galaxy Digital, Rockaway Blockchain Fund, Meta Cartel Ventures, Alameda Research, Launch Hub, CMS Holdings, Kenetic, One Block, SevenX, Zee Prime , And Aave founder Stani Kulechov, Synthetix founder Jordan Momtazi, Polymath founder Trevor Koverko. Opium Protocol is headquartered in Amsterdam and was founded by CEO Andrey Belyakov, a Certified Financial Analyst (CFA) and previously a derivatives trader. Opium stated that it is studying a…

Multiple venture capital institutions and hedge funds pledged to invest US$50 million in Galaxy Digital

Galaxy Digital, an investment management company, announced that Slate Path Capital LP, CI Investments, NZ Funds, and hedge fund Corriente Advisors have pledged to invest US$50 million in private equity financing (PIPE), which is expected to be completed in November this year . Christopher Ferraro, President of Galaxy Digital, said, “In 2020, we have witnessed widespread recognition of blockchain and cryptocurrency by institutions, investors, and enterprises, and institutional demand for related financial products and services such as cryptocurrencies has also…

Alex Pack, co-founder of Dragonfly Capital, a crypto venture capital fund, joins Huobi’s corporate investment department to help expand overseas business

Huobi Group announced that Alex Pack, the former managing partner of Dragonfly Capital, an encrypted asset venture capital fund, has joined Huobi Group as a corporate investment consultant. In the new position, Alex Pack will work closely with the Huobi Enterprise Investment Team led by Huobi Chief Investment Officer and senior banking executive Sharlyn Wu. As an experienced crypto investor, Alex Pack brings a wealth of experience and a unique Western perspective to the team. It will provide support from…

tZERO will cooperate with Tynton Capital to issue a $300 million digital fund on the Tezos blockchain

Overstock’s security token trading platform tZERO announced that it has signed an agreement with venture capital and private equity firm Tynton Capital to provide digital services for its planned data infrastructure technology fund, which will be issued on the Tezos blockchain, with a scale of issuance For US$300 million, the transaction will be conducted on tZERO’s Alternative Trading System (ATS) after obtaining regulatory approval and due diligence. Jeffrey Thomas, founder of Tynton Capital, said, “I am very happy to cooperate…

Deng Chao, Managing Director of HashKey Capital: The next evolutionary stage of digital finance is distributed finance, which will become a part of distributed commerce

At the 6th Blockchain Global Summit hosted by Wanxiang Blockchain Lab, Deng Chao, managing director of HashKey Capital, said in a speech titled “Digital Finance: A Perspective on Blockchain Investment” that digitalization in the financial sector The migration has been going on. It further stated that the next evolution stage of digital finance is distributed finance, which is an integral part of a larger distributed business. Distributed finance may have a certain impact on traditional finance, but more and more…

Litentry completed a million-dollar seed round financing, with participation of FBG, Candaq, Signum and many other institutions

Litentry, Polkadot’s first decentralized cross-chain identity protocol, has completed a million-dollar seed round of financing. Investment institutions include FBG Capital, Candaq Group, Signum Capital, NGC Ventures, BlockVC, D1 Ventures, Altonomy, Hypersphere Ventures, PAKA Fund, Digital Renaissance Foundation, RockX and LD Capital, etc. This is Litentry’s first financing since receiving Web3 Grants in 2019. The Litentry team stated that this round of financing will help the company enrich its team strength and build a global community. Litentry will continue to focus…