Venture capital has a crypto obsession – See?
The crypto sphere has been a roller-coaster, with highs and lows often defining its trajectory. Venture capital, the perennial chaser of potential gold mines, hasn’t lost its hunger for this digital currency arena, regardless of the fluctuating fortunes of the crypto world. The Ebb and Flow of Crypto and Venture Capital If you thought venture […]
Venture Capital funding hits its lowest point in 2 years
The world of Venture Capital (VC) funding seems to be losing some steam, as recent data reveals a distinct slowdown. As per data from RootData, public investment from crypto VCs has slipped to an alarming two-year low, with June recording only 83 deals. The shift, a stark contrast from the 97 and 149 projects in […]
Crypto VCs made $2.6b in the first quarter – Details
Crypto companies around the globe have raised a staggering $2.6 billion in venture capital in the first quarter of 2023, showcasing the potential of the emerging market. Despite the impressive figure, it represents an 11% decrease in quarter-on-quarter deal value and a 12.2% decrease in the number of deals, according to PitchBook’s Crypto Report. This […]
Middle East and North America (MENA) venture capitalists to increase crypto investments in 2023
According to the recent “MENA Investor Survey 2022-2023” report, 50% of all 83 fund managers and venture capitalists surveyed in the MENA region are already planning to increase their investments in blockchain infrastructure, metaverse projects, and decentralized finance in 2023. However, this is a testament to blockchain technology’s prevalence—inspiring investors worldwide. Despite the global economic […]
American university becomes first ever to invest in tokenized ventures capital
An American university has made history becoming the first-ever tertiary institution globally to invest in tokenized ventures capital. Rochester Institute of Technology (RIT) achieved this feat after it invested in tech investment firm, COSIMO ventures. The tech firm in an announcement announced that the American university made a seven-figure investment into COSIMO X, a tokenized […]
Caitlin Long’s Avanti crypto bank bags $5M in angel round
The Avanti crypto bank or the Avanti Financial Group, a crypto bank formed by one of US’ most pro-crypto politicians, Caitlin Long, has managed to raise $5 million in its angel round funding, an official press release reported on Tuesday. The University of Wyoming Foundation spearheaded this funding round for the Cheyenne-based corporation along with […]
Facebook’s Libra Association gets 3 new members
Despite the setbacks and heavy criticism Facebook-backed Libra Association continues to get support from enterprises around the world as the Switzerland-headquartered consortium announced the addition of three new venture capital firms on Thursday. Project Libra, a much-talked-about project launched by Zuckerberg-led Facebook, is preparing to get underway sometime this year but often, witnessed severe backlash […]
Europe’s leading fintech VC Speedinvest dives into crypto space
Popular European fintech VC Speedinvest, with over four hundred million Euros (EUR 400 million) available for visionary startups across Europe, has decided to delve into the crypto space by investing in Bitpanda, a Vienna based crypto startup for buying and selling digital currencies, Sifted reported the news on Wednesday. When Speedinvest participated in a seed […]
Now is a good time for venture capital and innovations, Tim Draper
Tim Draper, the famous billionaire venture capitalist from Silicon Valley’s very first investor family, the Draper Dynasty, said in his recent interview with InnMind that the coronavirus crisis presents several prospective opportunities for the venture capital industry and technological innovations such as Bitcoin and smart contracts. Tim Draper’s commitment to Bitcoin and blockchain is […]
