Binance VC Arm Raises $500 Million To Invest In Web3 Startups
Binance, the largest cryptocurrency exchange in the world, has announced the launch of its own venture capital fund. Binance Labs, the cryptocurrency exchange’s venture capital arm, has raised $500 million to launch a fund that would invest in Web3 and blockchain startups. Binance Labs Raises $500 Million Binance Labs, the company’s venture arm, announced on […]
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The venture builder is seeking to invest in early-stage startups with a focus on transparency, privacy and "fairness."
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their use cases using Web3 and other technologies.
Binance Labs to Invest $500M in Web3 and Blockchain Startups
Binance Labs, the investment and VC organization of the cryptocurrency exchange, has announced a new round of investments seeking to diversify its investment portfolio. The capital....
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous organizations (DAOs), non-fungible tokens (NFTs), and Web3.
GD1’s Web3 and Crypto Strategy
In a boost for New Zealand-based startups and local investors, GD1 has launched a $5 million Web3 and crypto-focused venture capital fund. The fund, known as GD1 Crypto Fund 1, will be led by....
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its new business strategy.
Felix Capital Includes Web3 in Business Plan
Venture capital firms from all over the world are now turning their eyes to Web3, a new field that intertwines the internet and crypto. One such firm has been Felix Capital, a London-based VC company that has expanded its....
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced the launch of an early-stage investment arm whose objective is to back fintech, crypto, and Web3 startups. Known as Luno Expeditions, the investment arm is expected to fund somewhere between 200....