Visa, Paypal Invest in Crypto-Focused Blockchain Capital’s New $300 Million Fund
Visa Inc. and Paypal have invested in Blockchain Capital’s new fund. The venture capital firm focuses exclusively on the crypto ecosystem and blockchain technology. Blockchain Capital Raises $300M for Its New Fund Blockchain Capital announced Tuesday that it has raised $300 million for its 5th venture capital fund (Fund V). Paypal and Visa were among the investors. Others include pension funds, major university endowments, and family offices from around the world, the company said, adding that select investors, including Paypal and Visa, will participate in its strategic partnership....
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Blockchain Capital has attracted investment from PayPal, Visa, and other investors to the tune of $300 million for its Fund V LP. PayPal and Visa are among several major investors to have participated in a $300 million funding for Blockchain Capital.In a release issued on Tuesday, Blockchain Capital announced that the close of its Blockchain Capital V LP.According to the release, Fund V, capped at $300 million was oversubscribed with numerous investors including college endowments, family offices, and pension funds participating in the capital raise.As part of the announcement, Blockchain....
Pantera Capital’s new $25 million USD fund will invest in Brave Browser and Abra, two innovative Bitcoin-based apps. Pantera Capital’s New $25 Fund. Dan Morehead, founder and CEO of Pantera Capital, recently revealed details regarding their new investment fund in an interview with TechCrunch. While Bitcoin was the main focus of the interview, Morehead disclosed information regarding two of the companies that will receive new funding from Pantera Capital. Following the closure of the first fund, which amassed over $100 million USD in capital and invested in Bitcoin-based startups Xapo and....
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM.
Amex, Visa, Citi, Paypal Invest in TRM Platform
Crypto transaction monitoring and forensics platform TRM announced Tuesday investments from major financial institutions in its Series B funding round.
The company has raised $60 billion from leading financial institutions, including American....
PayPal and Visa led a $300 million fundraising round in Blockchain Capital on June 22nd. The venture capital firm announced in a press release that funding of Blockchain Capital V, LP had closed. The fundraising had participation from strategic investors and pension funds. Major university endowments and family offices from around the world also participated […]
Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow. Prominent crypto investor Multicoin Capital has launched a new venture fund valued at $430 million, further demonstrating venture capital’s growing interest in the blockchain economy amid the bear market. Multicoin’s Venture Fund III will invest between $500,000 and $25 million in early-stage companies across various crypto- and blockchain-focused industries, the company announced Tuesday. It’s also willing to invest values of up to $100 million or greater for later-stage....