Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian’s Seven S...
The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six. The new financing that follows the startup’s $1.5 million seed round will allow Rainbow to focus on “onboarding the next 100 million users to Web3.” Ethereum-Based Rainbow Wallet Raises $18 Million Rainbow, a non-custodial Ethereum (ETH) wallet that’s available for iOS and Android devices has announced the team has raised $18 million in a Series A investment round. The....
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According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven Seven Six fund called Kryptós will concentrate on investing in cryptocurrencies like bitcoin and ethereum.
Seven Seven Six Launches Cryptocurrency Fund Kryptós — Plans to Go Live in October
On August 29, 2022, The Information reporter Kate Clark published a report that noted Reddit co-founder Alexis Ohanian’s Seven Seven Six is raising money for a new crypto-focused fund called....
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billion in value.
Solana Web3 Wallet Phantom Raises $109 Million
The Phantom wallet team has raised $109 million in a Series B financing round according to the firm’s recent blog post. Furthermore, Phantom also launched the Solana wallet’s iOS version for Apple smartphone users. According to the announcement, the $109 Series B was led by Paradigm. Additionally, Jump....
Bitcoin is often compared to gold, and this comparison may not be far off. According to a Bitcoin Rainbow chart, investors that hold onto BTC over the next two years may reap humongous gains – much like folklore’s pot of gold at the end of the rainbow. The Blockchain Center’s Rainbow price chart is one […]
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement, the partner’s mission is to attempt to bridge blockchain, Web3 technology, and social media together.
Polygon and Alexis Ohanian’s Seven Seven Six Launch $200 Million Fund Dedicated to Web3, Blockchain, and Social Media
Polygon and Alexis Ohanian’s firm Seven Seven Six plan....
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores crypto assets and non-fungible tokens (NFTs). Furthermore, the wallet utilizes Loopring’s layer two (L2) ZK-rollup technology to provide users with “fast [and] fairly priced transactions.”
Gamestop Wants to Bring Power to Players via the Company’s Self-Custodial....