EthStorage, an upcoming Ethereum scaling firm, received $7 million in investment, increasing its market valuation by $100 million during its seed fundraising round. The investment round was led by the crypto investment fund Dao5, according to the official tweet. SevenX Ventures, Foresight Ventures, Sky9 Capital, Gate Ventures, and Galxe were some of the additional investors. […]
cryptofunding
Goldman Sachs and Barclays Spearhead $70M Funding Round For A Crypto Fintech
Leading investment banks Goldman Sachs and Barclays are among the few to lead a $70 million funding round for a UK-based crypto trading platform Elwood Technologies, which valued the firm at around $500 million, according to a report by Financial Times. The funding exercise was supported by crypto-friendly German bank Commerzbank, digital asset investment manager […]
CoinDCX’s valuation doubles following $135M Funding
India’s leading trading platform CoinDCX has doubled its valuation to $2.15 billion after a fresh $135 million capital injection, with an aim to spread its footprint in the web3 and the crypto industry in general co-founder Neeraj Khandelwal tweeted today. The Series D financing round was spearheaded by Steadview and Pantera Capital. Others who backed […]
Microsoft joins $450M funding of crypto start-up ConsenSys
Tech giant Microsoft Corp co-led a $450 million funding of New York-based start-up ConsenSys. The financial round was backed by ParaFi Capital, Temasek Holdings, and SoftBank Group Corp which doubled ConsenSys’s valuation to $7 billion. ConsenSys was founded in 2014 by Joseph Lubin, a co-founder of Ethereum, the world’s second-biggest cryptocurrency. The firm’s most popular […]