Browsing: Venture Capital

The venture capital firm said Lido’s liquid staking solution removes many “operational complexities” institutional investors have faced in staking ETH. Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is intended to further support the adoption…

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…

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…