Trump’s Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales
Donald Trump may not see a quick payday from his crypto business World Liberty Financial after initial WLFI token sales flopped.
Fundraise
Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment
The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.
Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management
The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).
Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund’s policies by secretly accepting “adviser” tokens from Eclipse.
Pi Squared, Building ‘Universal ZK Circuit’, Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI.
MegaLabs, Behind the ‘Real-Time’ Blockchain, Raises $20M, Led By Dragonfly
The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.
Shiba Inu Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
The leading shared sequencer firm said it would further invest in its products as well as additional hires.
Polyhedra Network Closes $20M Round at $1B Valuation
Dollars.(engin akyurt/Unsplash)
Cryptography Firm Zama Raises $73M for ‘Fully Homomorphic Encryption’ Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The ‘FHE’ technology allows for processing of encrypted data, useful for privacy in blockchain and AI.