Galaxy Asset Management raises $113M for new crypto venture
The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space. Go to Source
Cryptocurrency Startups
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Asia, Africa see rise in share of crypto startups this year, says accelerator
Researchers compiling the data believe the changes were due to regulatory uncertainties in the US and increased crypto adoption in emerging markets. Go to Source
New Venture Capital Fund Secures $100M to Invest in Crypto Startups
Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry. Also Read: Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff Meet Dragonfly Capital … Read more
VC Funding Round-Up: Money Keeps Flowing to Crypto Exchanges and Wallets
A collection of recent funding news from the cryptocurrency ecosystem shows that despite record amounts of money raised by ICOs, the traditional route of raising funds from venture capital firms is still going strong. And cryptocurrency exchanges are involved both as investment targets and investors. Also Read: Crypto Point-of-Sale Devices Begin Roll-Out in Indonesia Despite Ban … Read more
Estimate: Crypto Investments in Russia Reached $200 Million Last Year
Cryptocurrency investments in Russian startups have increased 10 times in 2017 when entrepreneurs set in motion more than 100 crypto-funded projects, according to a new estimate. Ordinary working people, however, remain wary. Only 8% of them would like to see their salaries paid partially in crypto. Nevertheless, Russians are optimistic about bitcoin and most of … Read more
