Bitcoin Startup 21 Announces $116 Million All-Star Backing
Stealth bitcoin startup 21 Inc, formerly 21e6, has announced new information about its funding history, staff members and investors, revealing it has raised $116m in fundraising over multiple rounds. In a new interview with the Wall Street Journal, 21 CEO Matthew Pauker indicated that Andreessen Horowitz, Data Collective, Khosla Ventures, RRE Ventures and Yuan Capital are among the firms that have participated in the company's funding rounds. Dropbox CEO Drew Houston; eBay co-founder Jeff Skoll. Expedia CEO Dara Khosrowshahi. PayPal co-founders Peter Thiel and Max Levchin; and Zynga....
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An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web 3.0 applications.
Facilitating Crypto Adoption
Nestcoin, a Nigerian startup that plans to operate and invest in Web3 applications, recently announced it had raised $6.45 million in pre-seed. Leading the funding round were venture capital firms, Distributed Global and Alter Global.
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Bitcoin micropayments startup SatoshiPay has secured nearly $700k in new capital as part of a broader fundraising effort. Blue Star Capital announced this week that it was investing €640k (roughly $684k) in the startup. SatoshiPay develops content monetization tools for processing tiny transactions denominated in bitcoin. According to statements from Blue Star, SatoshiPay is in the midst of completing a €1m funding round that, if successful, will value the startup at a reported €6m. The startup later said it expects to close the round this week. The funding comes more than a year after the....
This week, CoinAgenda organizers announced the final winners of the startup competition held at the Las Vegas conference on October 25-26. CoinAgenda Startup Competition Places Blockchain Business Ideas in Front of Potential Investors. The firms participating in this competition showcased their products and services, all of which utilize blockchain technology to solve existing problems or create new experiences and business opportunities not possible without the blockchain. Seventeen businesses competed, each giving 20-minute presentations to industry leaders and investors, including the....
Photo by Tom Wilmoth. The Dogecoin community found an innovative way to market themselves to the general public, sponsoring Josh Wise, an overachieving NASCAR driver for the May Talladega race, where he finished 20th. Wise embraced Dogecoin and became an active participant in the Dogecoin subreddit, and /r/Dogecoin rallied once more to vote him into the NASCAR All-Star race, beating out perennial favorite Danica Patrick. Wise placed 15th in the star-studded All-Star race, but the Dogecoin community had almost no presence at the track. Following the race, Josh Wise and Dogecoin teamed up....
U.S. football Star Odell Beckham Jr. is taking his new salary in bitcoin and is giving away $1 million in the cryptocurrency in partnership with Square’s Cash App. “To all my fans out there … I’m giving back a total of $1M in BTC right now,” he wrote. Football Star Odell Beckham Jr. Will Take His New Salary in Bitcoin and Is Giving Away $1 Million in the Crypto Odell Beckham Jr., also known as OBJ, announced via Twitter Monday that he is taking his new salary in bitcoin via Square’s Cash App. He also told his 4.1 million Twitter followers that he....