Framework Ventures – a crypto-focused venture capital firm – recently secured $400M for its third crypto-focused fund. Half of the money will be invested towards the blockchain gaming space, with the remainder going into web 3 and decentralized finance (Defi) projects. Venturing Into Crypto Gaming As announced by the firm...
This is a weekly feature that runs down the week’s top 10 funding rounds in the U.S. Check out last week’s biggest funding rounds here. This was a very 2022-like week, with the metaverse and crypto leading the way. A year ago, that would have been hard to believe. However,...
Crypto company Circle announced a $400 million funding round. The company behind stablecoin USDC entered an agreement to conduct the round that is expected to close in the second quarter of the year, according to a press release. Related Reading | Circle Doubled Its Value To $9 Billion With New SPAC...
Key Takeaways Circle, the company behind the second-largest stablecoin on the market, USDC, has raised a $400 million funding round. Investors in the latest raise include the world’s largest asset manager BlackRock, and fourth-largest Fidelity. The firm is also reportedly exploring capital market applications for its USDC stablecoin through a...
