The crypto industry is attracting a growing number of institutional players. This is evidenced by new investments in infrastructure, and the increasing attention that companies are showing to bitcoin as an asset class. The most important events of recent weeks can be found in the ForkLog review.
FTX Ventures and Jump Crypto supported Aptos in a $150 million round
Scalable blockchain for billions of people team » Aptos Closes $150M Series A Funding
It was led by FTX Ventures and Jump Crypto with contributions from Apollo, Griffin Gaming Partners, Franklin Templeton, Circle Ventures, Temasek's Superscrypt, Andreessen Horowitz, and Multicoin.
” Aptos can become a solid foundation for Web3. It will allow users from all over the world to experience the benefits of decentralization,” said Mo Shaikh, CEO of the project.
Including the seed round in March 2022, the startup raised $350 million.
< strong>Unstoppable Domains raises $65M at $1B valuation
Decentralized domain registrar Unstoppable Domains closed a $65 million Series A funding round, valuing the startup at $1 billion.
The round was led by venture capital firm Pantera Capital. Participants include Alchemy Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko and others.
The funds raised will be used to stimulate product innovation and expand partnerships in the Web3 field.
Unstoppable Domains is an NFT domain provider. Each name is a non-fungible token (NFT) issued on the Polygon network. According to a press release, the service registered 2.5 million names, including in the “.bitcoin”, “.nft” and “.dao” zones.
DST Global Partners and Softbank supported AI -Startup MarqVision in $20M Round
IP-focused startup MarqVision closes $20M Series A funding round
It was attended by DST Global Partners, Atinum Investments, Softbank Ventures, Bass Investment and Y-Combinator.
MarqVision is positioned as a SaaS platform based on artificial intelligence. The system monitors e-commerce and NFT markets for counterfeit products.
Social-driven blockchain company Topl raises $15M
Topl blockchain company raises $15 million
solutions to track and monetize social performance initiatives, raised $15 million in a Series A funding round.
It was jointly hosted by Mercury, Republic Asia and Cryptology Asset Group. The firm's founder, Chris Jorgen, said the 2020 seed round raised $5 million.
The project helps businesses that are looking to track products that are sustainable and socially impactful.
The raised funds will be used to hire new employees and fulfill three key aspects of the roadmap: handing over control to the blockchain community and launching traceability-as-a-service and registration-as-a-service applications for carbon credits.
< strong>KuCoin Raises $10M Strategic Investment from SIG
KuCoin Cryptocurrency Exchange Raises $10M Strategic Investment from U.S. Trading Company Susquehanna International Group.
The proceeds will go towards updating the platform infrastructure, expanding the product line and hiring employees.
KuCoin plans to introduce new services in Asia, Europe and other regions.
Root Protocol based on the hacked Beanstalk service raised $9 million
Marketplace project for financial markets, forecasting and trading Root Protocol raised $9 million in a seed funding round.
Root Capital, Nima Capital, Soma Capital, Manifest Crypto and other investors participated in it.
Root is built on top of stablecoin protocol Beanstalk, which lost about $181 million in April as a result of a hack in the control system.
Beanstalk is issuing a “stablecoin” Bean on a leveraged basis. Investors buy protocol debt that earns interest.
The Root team aims to expand the use of the coin with new markets like interest rate swaps for yield or betting platforms.
Raised funds will go directly investing in Beanstalk and auditing our own protocol.
The Bean issuer plans to restart on August 6th. Root developers expect to launch their product in October.
OneOf NFT marketplace raises over $8 million
OneOf music NFT platform raises over $8 million in strategic investment million
Amex Ventures, Snow Hill Ventures, Sangha Capital, Chain Link Crypto Fund and others took part in the round. Taking into account the new investment round, the amount of funds raised by OneOf exceeded $72 million.
The company bills itself as a “green NFT platform” powered by the Tezos blockchain, designed for the music community.
Former Coinbase employee's blockchain startup raises $4.5M
< p>Coherent, a blockchain data startup founded by ex-Coinbase employee Carl Cortright, raised $4.5 million in a seed funding round.
Investments were provided by Kindred Ventures, Matchstick Ventures and Foundry Group. Other contributors include Coinbase Ventures, Alchemy, Chapter One and Dan Romero, one of the original employees of the American bitcoin exchange.
Courtright founded Coherent in April 2022 after four years at Coinbase. At the company, he served as a senior software engineer and was a member of the venture division.
He says Coherent is working on an API that will allow developers to create applications and offer new features using their data.
< p>According to him, the platform will attract the next billion users to the crypto industry. The five-person team plans to launch the tool in September.
Dragonfly Capital leads Debt DAO's DeFi investment round
Dragonfly Capital investment company leads Debt DAO's seed round in the amount of $3.5 million.
Funding was also provided by GSR, Numeus and Fasanara Capital. They were joined by six angel investors, including former Coinbase CTO Balaji Srinivasan and David Post of Chainlink Labs.
Debt DAO positions itself as a decentralized marketplace that brings together all elements of the debt financing ecosystem for the DeFi sector.
Also on ForkLog:
- The volume of venture investments in the industry exceeded $30 billion in the first half of the year.
- The media learned about Ledger's plans to raise at least $100 million.< /li>
- Crypto venture firm Variant raises $450M for two new funds.
- Media: Barclays to acquire stake in cryptocustodian Copper.
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