Multicoin Capital Leads $1.15M Seed Round for DeFi Protocol Swivel Finance

Multicoin Capital Leads $1.15M Seed Round for DeFi Protocol Swivel Finance

The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi


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ADAlend.finance, a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round oversubscribed 400% As a reflection of the huge demand for […]

NFT DeFi Platform Vera Raises $3M Seed Round Led by Animoca Brands

HONG KONG, Aug. 20, 2021 — Vera, a non-fungible token (NFT) decentralized finance (DeFi) blockchain platform, recently completed its seed round of funding for a total of $3 million. The round was led by Animoca Brands, one of the world’s leading NFT gaming companies and investors, with participation from other venture capital and private equity investors such […]

Multicoin Capital leads Eden Network’s $17.4M seed raise

Ethereum’s London hard fork went live on Sunday. The transition has important implications for mining pools, which have begun deploying miner extractable value solutions to increase revenues. Ethereum transaction protocol Eden Network has raised $17.4 million in seed funding from some of blockchain’s biggest venture funds, underscoring the need to address ongoing challenges facing the block production economy. The funds will be used to support the adoption of Eden Network among developers, miners and users, the company announced Wednesday. The network claims all users will benefit from its....

Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6....

Binance Labs was the lead funder in a $60-million seed round, Interlay seeks to increase Bitcoin interoperability, Bent Finance and Grim Finance suffer million-dollar exploits — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.As the crypto community filled its crypto stockings for the holiday season, the Grinch emerged to gift a grimacing fate to two DeFi platforms, stealing their festive spirit and a whole lot of dollars. Reading this article, you're only receiving a portion of the content from our DeFi....

BSC Based DeFi Light Game CryptoTycoon, Has Completed Seed Round Fundraising

April 30, DeFi light game CryptoTycoon has announced the confirmation of the institutional fundraising seed round. Participating institutions include HappyBlock, CryptoDiffer, R8 Capital, A195 Capital, 4SV, AKG Venture, PrimeBlock Ventures, Amplio Capital (BitMart Labs), T3E (MW partners) , Infinity Labs, CatcherVC, BenMo Labs, BEST, Horizon Capital, Ternary Capital, 7Star Capital. According to the official website, CryptoTycoon is a […]