Browsing: Funding

polygon-raises-$450m-in-sequoia-led-funding-round

Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to support the future of Web3 development. The…

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multichain-dapp-protocol-astar-raises-$22m-in-latest-round-led-by-polychain

Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw participation from the likes of Alameda…

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nft-focused-animoca-brands-valued-at-$5b-following-$358m-raise

The Hong Kong-based game software and venture capital firm will deepen its exposure to NFTs, gaming and metaverse projects. Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022. The funding…

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