Blockchain Assets Trading Firm Polychain Capital Raises $10 Million
San Francisco-based Polychain Capital, a startup involved blockchain assets trading has reportedly raised $10 million in funding from investors including VC firms Andreessen Horowitz and Union Square Ventures. Polychain Capital is notably led by Olaf Carlson-Wee, the first employee of prominent bitcoin and ether exchange Coinbase. Launched in September 2016 with $5 million from 30 investors, Polychain aims to facilitate investments in blockchain-based digital tokens. Speaking to Forbes, Carlson-Wee stated: There will be many types of assets codified into the blockchain, and they are all....
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Polychain Capital, a Bitcoin hedge fund started by one of the former Coinbase employees has raised funds from Union Square Ventures and Andreessen Horowitz. The increasing popularity of Bitcoin and other blockchain based assets has made it really hard for investors to resist. The shifting trend is readily observable in the number and volume of investments being received by cryptocurrency technology based fintech companies. Polychain Capital, a new hedge fund is one such company that has attracted an investment of a whopping $10 million from two big names in venture capital industry.....
A new company called Polychain Capital has raised $10 million in capital for a hedge fund made up of cryptocurrencies such as bitcoin. The business, led by former Coinbase employee Olaf Carlson-Wee, believes investors can gain significant returns by investing in digital assets. Former Coinbase Employee Creates Cryptocurrency Hedge Fund Polychain. Olaf....
Earlier on Monday, Parallel Finance announced that it had raised $22 million in a Series A funding round. The investing round for the Polkadot-based DeFi protocol was led by Polychain Capital, alongside Alameda Research, Blockchain Capital, Blockchain ventures, Slow ventures, Lightspeed venture Partners, and CMT Digital, among others. 📢 We just raises $22 Million in […]
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion.
Animoca Brands Raises $358 Million in Financing Led by Liberty City Ventures, Blockchain Company Has Pre-Money Valuation of $5 Billion
The firm Animoca Brands is a global developer utilizing popular brands,....
Venture capital has allocated over $17 billion to crypto projects this year. Anoma’s bartering system offers a fresh take on blockchain development. Private bartering blockchain Anoma Network has raised $26 million (24 million Swiss francs) from some of crypto’s biggest venture funds as it seeks to reimagine the age-old practice of exchanging goods without using money. Anoma Network will use the proceeds to advance its proof-of-stake blockchain, which has been designed to facilitate private transactions using “asset-agnostic bartering.” Bartering refers to the exchange of goods and....