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.
Venture Capital
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.
Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.
Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources
Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain.
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
Other investors in the Series C round included Bain Capital Crypto and Distributed Global.
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.
LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.
Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.
Alchemy’s Venture Arm Wants to Align With ‘Web3 Missionaries, Not Mercenaries’
The investment arm of the Web3 infrastructure giant, last valued at $10 billion, continues to find new ways to back early-stage founders.
DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships
The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.