Polychain Capital leads Anoma Network’s $26M raise
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....
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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....
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.....
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....
The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered around decentralized applications.The ecosystem fund was financed by Digital Currency Group, Multicoin Capital, Reciprocal Ventures, Gumi Cryptos Capital, NCG and HashKey. The fund’s stated purpose is to accelerate the growth and development....
Polychain Capital, Hack VC, Jump Capital and Alameda Research are just some of the big names behind AscendEX’s $50 million Series B. Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchain’s biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of DeFi. In an exclusive interview with Cointelegraph, AscendEX’s head of business development Shane Molidor and Wes Kaplan, the platform’s director of marketing and operations, talked about the....