Tag: Web3.0

Popular Solana non-fungible token (NFT) marketplace, Magic Eden has enlarged its services in Web3.0 gaming by launching its own venture investment arm, Magic Ventures. The newly introduced investment arm will focus totally on Web3.0 gaming. Already, Magic Eden controls over 90% of daily NFT purchases on the Solana network. The marketplace is capable of minting […]

Planetarium Labs, a Web3.0 infrastructure service provider has raised the sum of $32 million in a Series A funding round led by Animoca Brands.  As announced by the startup, this funding round is an equity round and also enjoined participation from the likes of Samsung Next and the startup’s partners including Krust Universe, the investment […]

Binance trading platform has landed Portuguese playmaker, Cristiano Ronaldo as his major partner as both seek to promote engagement with Web3.0 initiatives. As announced by Binance, the partnership with the 5-time Balon D’or winner is a multi-year one and will see both create series of NFT collections which will be sold exclusively on the Binance […]

Felix Capital, a Venture Capital firm based out of Lond has raised the sum of $600 million as it seeks to double down on its backing of startups involved in advancing commerce-related innovations. The fund will also be used to bootstrap firms that are complementing these ecommerce outfits, which may extend to cryptocurrencies and Web3.0. […]

Solana Ventures in collaboration with the Solana Foundation have launched a $100 million fund to invest in a Web3.0 startup emerging out of South Korea. Speaking to TechCrunch, Solana Labs General Manager, Johnny Lee said the fund is designed for firms developing GameFi, NFT, and Decentralized Finance (DeFi) solutions respectively.  The fund, like many preceding […]

Geneva, Switzerland / June 5 / – TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. The blockchain industry’s most distinctive trait is constantly evolving and transforming traditional sectors rapidly, bringing revolutionary technologies to the world and financial markets worldwide. […]

London-based Web3.0 payment infrastructure services firm, Merge has raised $9.5 million in seed funding to develop the payment technology that will help bridge the gap between traditional firms and the crypto ecosystem.  The company said its seed funding round was led by Octopus Ventures and included Hashed, Coinbase Ventures, Alameda Research, and Ethereal Ventures, alongside […]

Andreessen Horowitz (a16z) has launched its fourth crypto fund to back startups in the Web3.0 ecosystem. The fund christened the Crypto Fund 4 is floated with a $4.5 billion capital base. While the company said a total of $1.5 billion will be used to fund growth amongst startups at the seed stage, the bulk ($3 […]

Andreessen Horowitz (a16z), a leading crypto venture capital firm, has produced an annual report on the industry’s current developments and state. The study reaffirmed the firm’s bullish views on Web3, predicting long-term growth for the industry. It remarked on Ethereum’s dominant position among layer-one blockchains. a16z crypto's 1st annual overview of industry trends. For creators, […]

The Stacks blockchain (STX), which aims to make Bitcoin (BTC) programmable, reached more than 40,000 Hiro wallet downloads, 350 million daily API requests, and 2,500 Clarity smart contracts on its first anniversary. These figures make Stacks the biggest Bitcoin project, according to research by the venture capital firm focused on cryptocurrencies and fintech, Electric Capital. […]

Ava Labs, the tech startup in charge of the Avalanche blockchain protocol has reportedly joined the Start Path Crypto program launched by financial payments giant, Mastercard. The blockchain startup will join other previously onboarded tech innovators in the program to advance the development of enterprise blockchain applications. Judging by the technological superiority of Avalanche in […]

South Korean-based Venture Capital firm, Hashed has raised the sum of $200 million to fuel its encompassing investments in Web3.0 related innovations.  South Korea's most famous cryptocurrency venture capital Hashed announced that it has raised US$200 million for its Web3.0 fund. Hashed's early investment success projects include Axie Infinity, The Sandbox, Terra, etc. — Wu […]