VC


Finance

Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom

Utila's self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi Rabi said in an interview.

Utila team (Utila)

Opinion

Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto

The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”

(Chris Dixon, modified by CoinDesk)

Finance

Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC

The firm says it has already seen $6 billion in volume in Americas since its debut in April.

Fernando Martinez, CEO of Nonco. (Nonco)

Tech

Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.

two fingers adding a coin to one pile of coins among many

Finance

Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google

Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.

(Fileverse)

Markets

Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund

Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Videos

VC Firm CoinFund's Managing Partner Seeing 'Significant' Activity Around AI and Web3

Recent PitchBook data shows crypto companies worldwide raised $5 billion dollars in the first half of the year, down almost 75% from a year ago. CoinFund managing partner David Pakman shares insights into the state of crypto VC funding and what sectors are seeing a significant amount of activity.

CoinDesk placeholder image

Web3

VC Funding in Web3 Plummets 76%: Crunchbase Data

In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.

(Getty Images)

Finance

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth

The startup allows developers to incorporate smart contracts into apps.

(Getty Images)

Finance

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3

Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence.

Yibo Ling, Chief Business Officer of Binance Labs (LinkedIn)

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