Tagged: polychain capital

Leading Indian Crypto Exchange CoinDCX Secures $2.5 Million in Additional Investments to Support Nationwide “TryCrypto” Campaign

  CoinDCX, one of India’s largest digital asset exchanges, has secured an additional $2.5 million in funding from several major blockchain investors, including Coinbase Ventures (the investment division of cryptocurrency exchange Coinbase) and Polychain Capital. The latest investment acquired by CoinDCX has come around two… Read More

Ethereum-based tBTC, which is Pegged to Bitcoin (BTC), Is Preparing for Public Launch with Help from MakerDAO, Others

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tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

Indian Crypto Exchange CoinDCX Secures $3 Million in Funding via Series A Round Led by BitMEX Operator, HDR Group

CoinDCX, one of India’s largest digital asset exchanges, has secured $3 million in funding through a Series A investment round, which was led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. Polychain Capital, Bain Capital Ventures, and several other unnamed venture capitalists also took part… Read More

Digital Asset Finance Firm Amber Secures $28 Million in Funding from Paradigm, Pantera Capital, Coinbase Ventures, Others

Leading US-based crypto venture capital funds are investing in a relatively small Asian digital asset firm that claims that it has facilitated the trade of $100 billion in crypto-assets since 2018.  Paradigm, Pantera Capital, Coinbase Ventures, Fenbushi Capital, Polychain Capital, and Blockchain.com have collectively invested… Read More

Andreessen Horowitz-backed Internet Computer Developer Dfinity Unveils Demo of “Open Version” of LinkedIn

Decentralized cloud computing developer Dfinity, which notably secured $102 million back in 2018, has unveiled what appears to be an “open version” of giant professional social network LinkedIn, referred to as “LinkedUp.” The LinkedUp app has reportedly been launched on Dfinity’s decentralized “Internet Computer,” instead… Read More

Winklevoss and Polychain Capital Fund Surplus Natural Gas Cryptomining Venture

Seventy million USD in new equity and project financing will soon be helping Crusoe Energy Systems further realize its, “vision of a low-cost distributed computing cloud,” says Chase Lochmiller, the company’s CEO and co-founder. The company recently attracted the money in two rounds. Thirty million… Read More

Crypto Asset Trading Desk Altonomy Raises $7 Million Through Seed Financing Round Led By Polychain Capital

Altonomy, a U.S.-based trading desk and market maker for cryptocurrency assets, announced on Monday it secured $7 million through its seed financing round, which was led by Polychain Capital. Founded in 2018, Altonomy describes itself as a cryptocurrency trading, advisory, and asset management firm. The… Read More

MyCrypto Gets $4 Million in Funding Led by Polychain

MyCrypto, “an open-source, client-side tool for interacting with the blockchain,” has closed its first funding round in the amount of $4 million. The round was led by Polychain Capital. According to MyCrypto, the new funding will be used to continue building out its suite of tools… Read More

Zoom! Kik ICO Expects to Raise $125 Million

Kik, a Canada-based chat platform founded in 2009, is poised to raise $125 million in an upcoming Initial Coin Offering (ICO) joining a handful of Token crowdsales that have topped the $100 million mark. Kik has already closed on a presale round that raised only… Read More

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