Algofi, a lending market and stablecoin protocol built on the Algorand blockchain, today announced $2.8 million in seed funding during Decipher, Algorand’s annual community conference. Union Square Ventures, Arrington XRP Capital, and Pillar VC led the round, with participation from Y Combinator, Formulate Ventures, and… Read More
Portal, a self-hosted Layer-2 wallet and “true” cross-chain DEX on Bitcoin that “makes atomic swaps between Bitcoin and other digital assets fast, secure, and private,” is pleased to confirm that it has finalized an $8.5 million round to develop a self-sovereign and “uncensorable” DeFi solution… Read More
Digital asset lending firm BlockFi has acquired $30 million in funding from several major investors including Arrington XRP Capital, Morgan Creek Digital Assets, and Winklevoss Capital. BlockFi’s Series B investment round was led by US-headquartered VC fund Valar Ventures. Akuna Capital, CMT Digital, Avon Ventures,… Read More
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