Binance Spun Off Venture Capital Arm Earlier This Year
Binance Labs now has a disclaimer on its website describing it as “an independent venture and not part of the Binance Group.”
Venture Capital
Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
Japan’s cabinet approved a bill adding crypto to the list of assets the nation’s investment funds and venture capital firms can acquire.
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi scene
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund, according to the Australian Financial Review.
Sora’s First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They’ve Got Their Eyes on Taipei.
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain.
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain
Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CoinDesk.
Bitcoin Venture Capital Is Anything but Boring: Crypto Long & Short
The purposeful approach to Bitcoin Core development fuels the idea that “nothing is happening on Bitcoin,” but innovation is actually robust.
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.
PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.