Latest from Brandy Betz
PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.
Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.
Web3 Payments Firm Transak Raises $20M
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.
Sam Altman’s Crypto Project Worldcoin Raises $115M, Led by Blockchain Capital
Other investors in the Series C round included a16z, Bain Capital Crypto and Distributed Global.
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.
TradFi Hedge Fund Hunting Hill Starts Crypto Arm
Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.
Multicoin Leads $2.3M FastLane VC Deal, Continuing Its Bet on MEV Infrastructure
The crypto-focused investment firm has now backed three projects centered around maximal extractable value (MEV), a way for validators to earn extra money from traders.
LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners.
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.