Tagged: CoinFund

September 8, 2023 @ 10:04 am By JD Alois  |  

The US Commodity Futures Trading Commission (CFTC) announced charges targeting three DeFi, or decentralized finance, operations yesterday. These included Deridex, ZeroX, and Opyn. The CFTC alleges the offering of illegal derivatives trading. The CFTC charged Deridex and Opyn with failing to register as a swap… Read More

August 16, 2023 @ 10:34 am By JD Alois  |  

Coinbase (NASDAQ:COIN) has secured regulatory approval from the National Futures Association (NFA) to operate a Futures Commission Merchant (FCM).  This will enable it to provide access to crypto futures trading for eligible customers. The NFA is a Commodities Futures Trading Commission (CFTC) designated self-regulatory organization…. Read More

July 14, 2023 @ 3:29 pm By Omar Faridi  |  

Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols,  announced a $3 million pre-seed round led by CoinFund, a cryptonative investment firm and registered investment adviser, “with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi… Read More

July 13, 2023 @ 3:37 pm By JD Alois  |  

Ripple scored a victory today as the courts have now ruled that the sale of XRP on crypto exchanges did not violate US securities law in a partial win for the digital asset firm. The ruling helped to drive the value of XRP higher –… Read More

May 23, 2023 @ 3:32 pm By JD Alois  |  

The International Organization of Securities Commission (IOSCO) has published a paper making policy recommendations on dealing with digital assets or crypto. The consultation incorporates 18 different recommendations that IOSCO states it will finalize during the last quarter of this year. IOSCO published a digital asset… Read More

April 23, 2023 @ 7:12 pm By Omar Faridi  |  

Tableland, a permissionless relational database for web3 applications, today announced a $8M Series A round led by CoinFund with participation from Multicoin Capital, Blueyard and A Capital, bringing the company’s total financing to $10.4M. The new funds from the investment round will be used “to… Read More

December 12, 2022 @ 10:55 pm By Omar Faridi  |  

Earn Alliance, a game community platform, announced the close of its $4.75m seed raise to connect game developers “with genuine fans and gamers across the globe through a focus on fun versus crypto speculation.” The alpha version of Earn Alliance’s platform is “set to launch… Read More

August 16, 2022 @ 12:22 am By Omar Faridi  |  

Datawisp, a no-code data exploration platform focused on web3 and gaming, has raised $3.6 million in funding. The seed investment round was “led by CoinFund, with participation from Spartan Capital, Mirana Ventures, Dweb3 Capital, and existing investors Play Ventures.” For most businesses, the ability to… Read More

April 21, 2022 @ 4:20 pm By Omar Faridi  |  

Rainmaker Games recently announced the launch of a Discovery Platform for blockchain games “soon after a $6.5 million raise in December backed by CoinFund.” Each game on the platform “is rated and reviewed by a team of 50 players and analysts, providing much-needed gaming data… Read More

January 4, 2022 @ 10:41 am By JD Alois  |  

Metaversal has announced a $50 million Series A funding round led by CoinFund and Foxhaven Asset. Metaversal states that round was oversubscribed and also includes participation from Collab+Currency, Dapper Labs, Digital Currency Group, Franklin Templeton, Galaxy Vision Hill, Narwhal Ventures, NGC Ventures, Rarible, Rockaway Blockchain… Read More

December 23, 2021 @ 12:16 pm By Omar Faridi  |  

SPACE Metaverse has acquired $7 million in capital from a number of tier-one venture funds in order to establish the economic foundation to join various metaverses into “one parallel society.” The funding Included some of the most prominent names in the DeFi and crypto space… Read More

December 7, 2021 @ 10:07 am By JD Alois  |  

Solana-based NFT platform Holaplex has raised $6 million in seed funding according to a public statement. The funding was led by CoinFund with participation by Social Capital, Valor, Collab+Currency, Blockchain Coinvestors, and Solana Capital. The funding is said to support the growth and development of the… Read More

August 17, 2021 @ 12:29 pm By Omar Faridi  |  

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

July 28, 2021 @ 9:00 am By Omar Faridi  |  

Biconomy, a multichain relayer infrastructure network and transaction platform that enables Web3.0 developers to easily build applications, has revealed that it secured $9 million in a private funding round that was led by DACM and Mechanism Capital, along with contributions from  Coinbase Ventures, Coinfund, True… Read More

July 20, 2021 @ 4:57 pm By JD Alois  |  

CoinFund says it has closed on its 3rd VC fund in an oversubscribed offering that raised $83 million, according to a note from the company. CoinFund stated that the raise was backed by Venrock partners as well as a number of other institutional investors and… Read More

May 9, 2021 @ 6:37 pm By Omar Faridi  |  

Stacked has reportedly added several strategic investors to let “everyone in Crypto” invest like hedge funds. Joel Birch, co-founder and CEO at Stacked, says he’s really excited to share that they’ve now added “extremely” strategic investors to their team. Birch added that this latest round… Read More

April 3, 2021 @ 8:31 am By Omar Faridi  |  

Binance Labs recently led a $6 million “strategic” round of the Moonbeam smart contract platform along with contributions from CoinFund and ParaFi. The funds acquired from the investment round will be used to hire development resources, “build additional integrations and developer tools, perform third-party security… Read More

May 27, 2020 @ 8:09 am By Omar Faridi  |  

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockchain investment firm, CoinFund. As mentioned in a release shared with CI, the new investment will provide Delta Exchange with the resources needed to scale its operations… Read More

March 25, 2020 @ 6:44 pm By Omar Faridi  |  

Balancer Labs, a non-custodial asset manager, has secured $3 million in funding through a seed round led by Accomplice and Placeholder. Established in 2018, Balancer began operating as an initiative under BlockScience, a data analytics company. The project has been inspired by the development of… Read More