Latest Venture Capital News

  • Former Swiss President Sees the Country Leading in DLT and Technology of the Future
    Former Swiss President Sees the Country Leading in DLT and Technology of the Future
    Former Swiss President and new board member of CV VC talks the unique attitudes towards law that make Switzerland a hub for crypto. Johann Schneider-Ammann, who served as the President of Switzerland in 2016, recently joined the board of Crypto Valley Venture Capital, or CV VC.
  • Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR
    Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR
    Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.
  • Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future
    Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future
    The founder of the first crypto venture capital firm believes that altcoins will eventually provide better returns than Bitcoin. Dan Morehead, the founder of the first crypto venture capital firm, Pantera Capital, believes that altcoins will outperform Bitcoin (BTC) over the next couple of years. Speaking at the Unitize virtual event, Morehead said that in the short-term, his firm is betting on altcoins: “And it's our opinion that these altcoins and particularly smaller cap smart contract tokens are going to outperform Bitcoin over the next couple of years.” Portfolio altcoins are up 100% He emphasized that it would be incorrect to suggest that Pantera does not believe in Bitcoin.
  • IPOs Are ‘Really Not Worth It’ Says Tim Draper
    IPOs Are ‘Really Not Worth It’ Says Tim Draper
    Serial blockchain investor Tim Draper welcomes diversity in terms of funding blockchain and crypto startups. Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms. The billionaire investor joined the Unitize conference on July 6 to talk about investing in early stage blockchain startups. Draper’s thoughts on IPOs During the Unitize panel, Draper highlighted that existing regulations make it difficult for blockchain companies to go public.
  • Ethereum Dominates European Blockchain Startup Scene
    Ethereum Dominates European Blockchain Startup Scene
    LeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.
  • Brock Pierce Jumps Into 2020 US Presidential Last Minute
    Brock Pierce Jumps Into 2020 US Presidential Last Minute
    Brock Pierce joins the 2020 elections as a last-minute presidential candidate. Brock Pierce, entrepreneur, crypto venture capitalist and child star, has announced his USA Presidential run on Twitter July 5.
  • Ethereum Emerging As Dominant Player Among European Blockchain Startups: Report
    Ethereum Emerging As Dominant Player Among European Blockchain Startups: Report
    London and Paris-based venture capital firm LeadBlock Partners says Ethereum is emerging as the number one choice among blockchain startups in Europe.
  • Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
    Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
    Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.
  • How Cryptocurrency Funds Work
    How Cryptocurrency Funds Work
    Cryptocurrency funds have some key differences from traditional investment funds, and we’ve laid them all out along with how you can get involved. Cryptocurrency funds are a new type of investment vehicle that parallels traditional portfolio investments, like hedge funds, but are composed entirely out of digital assets.
  • Swiss Equity Firm Makes First Crypto Investment With SPiCE VC Stake
    Swiss Equity Firm Makes First Crypto Investment With SPiCE VC Stake
    Swiss private equity firm VIVA Investment Partners AG is leaning into crypto funding through a new stake in blockchain venture capital firm SPiCE VC.
  • Tezos Likely Avoiding SEC Action with $25M Class-Action Lawsuit Settlement
    Tezos Likely Avoiding SEC Action with $25M Class-Action Lawsuit Settlement
    The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action. The Tezos (XTZ) class-action lawsuit from law firm Block & Leviton will likely conclude in a $25-million settlement on August 27. Tez
  • This Startup Is Forking Compound to Make Hiring More Efficient
    This Startup Is Forking Compound to Make Hiring More Efficient
    Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.
  • OMG Price Spikes 11% As Parent Company SYNQA Raises $80 Million In Series C Funding
    OMG Price Spikes 11% As Parent Company SYNQA Raises $80 Million In Series C Funding
    SYNQA, the parent company of the OMG Network, recently announced successfully raising $80 million in a Series C funding round lead by SCB 10x and venture capital group SPARX.
  • OmiseGO's Parent Company SYNQA Raised $80 Million in Series C
    OmiseGO's Parent Company SYNQA Raised $80 Million in Series C
    According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures. In a June 22 announcement, Thailand-based fintech company SYNQA stated it had raised $80 million in a Series C funding round led by Siam Commercial Bank subsidiary SCB 10X and the Asia-based venture capital group SPARX.
  • Redactions Granted in Telegram Case To Protect ICO Participants
    Redactions Granted in Telegram Case To Protect ICO Participants
    Sensitive documents outlining the proprietary investment strategies of Telegram ICO participants have been redacted from the case with the SEC. A US District Judge has approved the majority of redaction requests received during the proceedings surrounding the Securities and Exchange Commission’s (SEC) lawsuit against messaging firm Telegram over its $1.7 billion initial coin offering (ICO). The SEC took action against Telegram in October 2019, filing a temporary restraining order barring Telegram from distributing its tokens. The SEC submitted a cache of documents in support of its temporary restraining order, including roughly one dozen exhibits that revealed the strategic considerations of venture capital firms and investors who participated in the ICO and later cooperated with the SEC. The documents were filed under temporary seal to protect the privacy of non-parties to the suit, but Judge Castel’s June 17 decision has ensured that significant portions of various exhibits in the case will be sealed permanently “to protect the specific interests of the non-parties.” One dozen docs Roughly one dozen documents have been redacted to protect the various VCs who cooperated with the SEC, with two documents adjusted to identify ICO participants pseudonymously.  While the redactions were initially sought by the ICO participants that cooperated with the SEC, Judge Castel approved redactions proposed by the SEC that he described as having “narrowly tailored” the requests “to protect the specific interests of the non-parties”. Documents concerning the SEC’s efforts to convince Telegram’s former financial adviser John Hyman to testify will also remain under seal, as will Telegram’s banking records. Russia lifts Telegram ban In response to the SEC’s preliminary injunction being granted and Telegram’s announcement is was delaying the launch of its Telegram Open Network (TON) until next year, the TON community launched its own blockchain.
  • Grayscale Investments
    Grayscale Investments
    Founded by Barry Silbert in 2013, Grayscale Investments is a digital asset management firm that is a subsidiary of Silbert’s venture capital firm, Digital Currency Group (DCG), which also owns CoinDesk.
  • Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round
    Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round
    Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional US money transmitter licenses.
  • Casa Releases Self-Custody Bitcoin Wallet Focused on Privacy
    Casa Releases Self-Custody Bitcoin Wallet Focused on Privacy
    Crypto custody firm Casa unveiled a new wallet that offers access without a seed phrase and gives users a way to check on their private keys. New York-based crypto custody startup Casa has released a new wallet for Bitcoin newbies and long-term HODLers.   In a Casa blog post on June 13, the crypto firm that provides a private key management service announced it had created Casa Wallet after an investment from venture capital fund Mantis VC.
  • Aeternity Co-Founder Launches A €100 Million VC Fund To Invest In Blockchain Projects
    Aeternity Co-Founder Launches A €100 Million VC Fund To Invest In Blockchain Projects
    €100 million Venture Capital fund focused on blockchain investments called Meta Change Capital (MCC) was launched today.
  • Aeternity Co-Founder Raising €100M VC Fund Focused on Emerging Markets
    Aeternity Co-Founder Raising €100M VC Fund Focused on Emerging Markets
    Nikola Stojanow has launched a €100 million venture capital fund to support blockchain opportunities in underdeveloped regions of Europe, Asia, MENA and Africa. Aeternity Blockchain co-founder Nikola Stojanow announced a new €100 million ($112.5 million) venture capital fund focused on blockchain development in emerging markets on June 15. Meta Change Capital (MCC) claims it will work with projects across all next generation blockchains, providing funding and support in series A and beyond.