Cryptocurrency Firm Pantera Capital Seeks $175 Million For Third Venture Fund

Pantera Capital, which has pioneered investments in cryptocurrency assets, has set its goal for its third venture fund at $175 million, surpassing the $25 million raised for its second fund and the $13 million from its first one, according to TechCrunch. A new filing for a Pantera venture fund offering with the Securities and Exchange Commission

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Airbnb Co-Founder Backs $23 Million Funding Round for Institutional Cryptocurrency Dealer

Institutional-grade cryptocurrency prime dealer SFOX has raised nearly $23 million to fund the development of full-featured asset management platform for large-scale cryptocurrency investors. Announced on Thursday, SFOX’s $22.7 million Series A funding round was led by Tribe Capital and Social Capital, and it also included investments from Y Combinator, Khosla Ventures, Blockchain Capital, and Airbnb

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LINE Launches $10 Million Token Venture Fund, Lists TRON on Crypto Exchange

Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to

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Blockchain Music Startup Raises $5.5 Million in Series A Funding

Audius, a decentralised, community-owned music sharing platform billed as the blockchain’s answer to Soundcloud has announced the successful completion of a $5.5 million Series A funding round as it launches the world’s first ever blockchain-based music sharing protocol. Made on August 8, 2018, the announcement revealed that the funding round was led by General Catalyst and

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Singapore VC Firm Launches Dedicated $10 Million Cryptocurrency Fund

Singaporean venture capital firm Golden Gate Ventures is launching what it bills as Southeast Asia’s ‘first dedicated VC cryptocurrency fund’ with $10 million in investment capital. Dubbed LuneX Ventures, the fund will see a ‘laser-like focus’ on the cryptocurrency and blockchain space by investing in early-stage startups including cryptocurrency exchanges, the VC firm said on

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$270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment

GSR Capital, a Chinese private equity firm is set to establish what would become the largest ever single investment in a blockchain platform. The investment by GSR Capital will see it acquire about 3.1 million shares of US-based Overstock, amounting to about 10% in overall shares of the company. A Fragmented Procedure As contained in

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Blockchain Startup Raises $24.8 Million to Bring Tax Auditing to Crypto Assets

Libra, a provider of financial reporting services for the crypto assets ecosystem, has closed a $15 million Series B funding round, bringing the company’s total funding to $24.8 million. The funding bodes positively for financial institutions interested in expanding into cryptocurrency since Libra has been able to apply the type of reporting tools that such

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Uber’s Biggest Shareholder Backs $15 Billion Bitcoin Giant Bitmain: Report

Crypto mining hardware manufacturer Bitmain has reportedly secured China’s biggest technology company Tencent and Japan’s Softbank, Uber’s biggest shareholder, as investors in a pre-IPO financing round. Chinese crypto giant Bitmain, commonly known for manufacturing bitcoin mining equipment and operating mining pools, is attracting interest from some of the world’s biggest companies and investors ahead of

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Crypto Mining Firm Argo Blockchain Raises $32 Million in Pioneering London IPO

Argo Blockchain, a UK-based digital coin mining company has become the first cryptocurrency company to be listed on the London Stock Exchange. The company recently completed an initial Public Offering (IPO), placing 156,250,000 ordinary shares accounting for 53.2% of its issued share capital valued at 0.16 GBP each.The IPO raised 25 million GBP ($32.5 million),

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High Times Launches First Ever IPO to Accept Bitcoin, Ethereum

High Times, a prominent New York publication advocating cannabis usage, is breaking new ground in the cryptocurrency world by accepting crypto during its IPO, the first ever stock offering to do so. High Times CEO Adam Levin said: “High Times has been at the forefront of popular culture for more than four decades. Now we’re taking

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