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Polygon to Shift Focus to Stablecoins Amid Rising Institutional Interest
Polygon plans to shift its focus to stablecoins as part of its roadmap for 2025. The crypto firm's founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. He stated that stablecoins make the bridg...
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Crypto Startups Turbocharge Valuations as Investment Picks Up
Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.
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Genesis Creditor Gemini Sues Parent Company Digital Currency Group, CEO
Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, ...
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Silicon Valley Bank Crisis: US-India Partnership Forum Thanks US For "Swift Action"
USISPF chief Mukesh Aghi said that the Silicon Valley Bank has been the go-to bank for the US and foreign tech startups and members of the venture capital industry for years and its abrupt halt has left several of its customers worldwide in a crisis.
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Healthcare, Logistics to See Most Benefits via Blockchain: Crypto-Centric Venture Firm Cypher
UAE-based crypto-centric investment firm Cypher Capital has highlighted that the blockchain tech can bring most benefits to the healthcare and logistics industries of India. In conversation with Gadgets 360, Vineet Budki, the Managing Partner and CEO of the venture capital firm has urged recruiters in the tech space to be on an active watch out for...
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Crypto Sector Bagged Over $14 Billion from Venture Capital Firms in First Half of 2022: KPMG
The crypto industry has bagged $14.2 billion (roughly Rs. 1,13,500 crore) with 725 deals in the first half of this year, KPMG has said in its recent report. The findings have highlighted that crypto-centric investment figures for the first half of 2022 alone have doubled all years prior to 2021. Trade Republic, Fireblocks, FTX crypto exchange, and ...
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What Crisis? Not All Gloom And Doom, Venture Capitalists Bet Big On Crypto
Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that's set to outstrip last year's record.
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Indian Blockchain E-Sports Firm ‘STAN’ Raises $2.5 Million in Funding from OpenSea, Coinbase Super Angels
Bengaluru city-based blockchain startup called ‘STAN’ has garnered $2.5 million (roughly Rs. 20 crore) in a seed funding round. US’ General Catalyst investment firm led the round and was joined by other venture capital firms including Better Capital and Eximius Ventures. Super angel investors like Aadil Mamujee from OpenSea and Nakul Gupta fr...
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Crypto in for Dark Days, Says Venture Capital Firm Andreessen Horowitz in New Report
In a report titled “State of Crypto”, venture capital firm Andreessen Horowitz (a16z) has advised crypto investors to be patient during these testing times. The report noted that crypto developers must keep working on their projects, which will bring back the lost trust of investors in the coming days. The report has also predicted a boom in th...
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Indian Electric Van Maker For Amazon Raises Funds
Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.
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BP's Venture Capital Arm Looks To India In Clean Mobility Drive
BP is also looking to invest in India's EV charging infrastructure to support BluSmart, as well as battery storage and energy management to solve India's challenges around peak power demand.
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Stellantis Launches Venture Capital Fund With Initial 300 Million Euro Investment
The decision is part of Stellantis' wider strategy spelled out earlier this month in the company's first business plan.
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Private Equity And Venture Capitals Fund Inflows Jump 100% To $5.8 Billion In February: Report
Record fund inflows through private equity (PE) and venture capital (VC) funds, primarily into the start-up ecosystem, have propelled the overall inflows to $5.8 billion in February, which is double the amounts annualised, according to industry data.
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E-Bike Startup Zoomo Raises Extra $20 Million For European Expansion
Zoomo designs electric bikes for gig workers delivering food and groceries for a monthly fee, or to large fleets providing bikes to employees. The latest round included investments from venture capital firm Collaborative Fund and trading firm Akuna Capital.
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UK Self-Driving Startup Wayve Raises $200 Million To Scale Up Technology
The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.
-
Polygon to Shift Focus to Stablecoins Amid Rising Institutional Interest
Polygon plans to shift its focus to stablecoins as part of its roadmap for 2025. The crypto firm's founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. He stated that stablecoins make the bridg...
-
Crypto Startups Turbocharge Valuations as Investment Picks Up
Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.
-
Genesis Creditor Gemini Sues Parent Company Digital Currency Group, CEO
Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, ...
-
Silicon Valley Bank Crisis: US-India Partnership Forum Thanks US For "Swift Action"
USISPF chief Mukesh Aghi said that the Silicon Valley Bank has been the go-to bank for the US and foreign tech startups and members of the venture capital industry for years and its abrupt halt has left several of its customers worldwide in a crisis.
-
Healthcare, Logistics to See Most Benefits via Blockchain: Crypto-Centric Venture Firm Cypher
UAE-based crypto-centric investment firm Cypher Capital has highlighted that the blockchain tech can bring most benefits to the healthcare and logistics industries of India. In conversation with Gadgets 360, Vineet Budki, the Managing Partner and CEO of the venture capital firm has urged recruiters in the tech space to be on an active watch out for...
-
Crypto Sector Bagged Over $14 Billion from Venture Capital Firms in First Half of 2022: KPMG
The crypto industry has bagged $14.2 billion (roughly Rs. 1,13,500 crore) with 725 deals in the first half of this year, KPMG has said in its recent report. The findings have highlighted that crypto-centric investment figures for the first half of 2022 alone have doubled all years prior to 2021. Trade Republic, Fireblocks, FTX crypto exchange, and ...
-
What Crisis? Not All Gloom And Doom, Venture Capitalists Bet Big On Crypto
Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that's set to outstrip last year's record.
-
Indian Blockchain E-Sports Firm ‘STAN’ Raises $2.5 Million in Funding from OpenSea, Coinbase Super Angels
Bengaluru city-based blockchain startup called ‘STAN’ has garnered $2.5 million (roughly Rs. 20 crore) in a seed funding round. US’ General Catalyst investment firm led the round and was joined by other venture capital firms including Better Capital and Eximius Ventures. Super angel investors like Aadil Mamujee from OpenSea and Nakul Gupta fr...
-
Crypto in for Dark Days, Says Venture Capital Firm Andreessen Horowitz in New Report
In a report titled “State of Crypto”, venture capital firm Andreessen Horowitz (a16z) has advised crypto investors to be patient during these testing times. The report noted that crypto developers must keep working on their projects, which will bring back the lost trust of investors in the coming days. The report has also predicted a boom in th...
-
Indian Electric Van Maker For Amazon Raises Funds
Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.
-
BP's Venture Capital Arm Looks To India In Clean Mobility Drive
BP is also looking to invest in India's EV charging infrastructure to support BluSmart, as well as battery storage and energy management to solve India's challenges around peak power demand.
-
Stellantis Launches Venture Capital Fund With Initial 300 Million Euro Investment
The decision is part of Stellantis' wider strategy spelled out earlier this month in the company's first business plan.
-
Private Equity And Venture Capitals Fund Inflows Jump 100% To $5.8 Billion In February: Report
Record fund inflows through private equity (PE) and venture capital (VC) funds, primarily into the start-up ecosystem, have propelled the overall inflows to $5.8 billion in February, which is double the amounts annualised, according to industry data.
-
E-Bike Startup Zoomo Raises Extra $20 Million For European Expansion
Zoomo designs electric bikes for gig workers delivering food and groceries for a monthly fee, or to large fleets providing bikes to employees. The latest round included investments from venture capital firm Collaborative Fund and trading firm Akuna Capital.
-
UK Self-Driving Startup Wayve Raises $200 Million To Scale Up Technology
The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.
