Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
The new fund will target early stage opportunities in AI, blockchain technology, chips and data.
Venture Capital
The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight
In this week’s blockchain tech newsletter, we’re highlighting the firm Polychain’s accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin’s speech in Brussels and Bitcoin’s Saxony problem.
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.
Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm
To lead the investment efforts, the company appointed Julien Auchecorne as head of Auros Ventures.
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.
Bain Capital Crypto Raising Second Fund: Filing
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman’s Worldcoin.
Crypto Governance Advisory MetaLeX Raises $2.75M
Gabriel Shapiro (Gabriel Shapiro)
Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
The startup is one of the first to build tokenized tech for Bitcoin’s Runes era.
How to Get Funded in Crypto
(engin akyurt/Unsplash)
Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.