Enjin Raises $18.9M for Efinity, a Next-Gen NFT Blockchain on Polkadot
Amidst the growing NFT hype, Enjin has raised $18.9 million to develop a next-generation NFT blockchain on Polkadot named Efinity.
Funding
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OpenSea Secures $23 Million to Revolutionize the NFT Marketplace: What’s Next?
NFT marketplace OpenSea has raised $23 million in a Series A round led by Andreessen Horowitz. OpenSea manages more than 20 million NFTs.
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Crypto.com Unleashes $200 Million Crypto Startup Fund: Powering the Next Wave of Blockchain Innovation
Crypto.com is increasing its horizons as it launched a $200 million fund for crypto startups to promote a seamless transition into the cryptocurrency.
Crypto News
Synthetix Secures $12 Million Funding from Leading Venture Capitalists
Synthetix raised $12 million from VC firms Paradigm, Coinbase Ventures, and IOSG. The firms purchased $12 million worth of SNX tokens from SynthetixDAO’s.
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Binance Labs Leads $2.4M Funding for Polkadot’s Plasm Network
A hub for decentralized apps on Polkadot, Plasm Network raised $2.4M in its Series A funding round led by Binance Labs.
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Crypto Wallet Company Math Raises $12 Million in Series B Funding to Expand Operations
The crypto wallet company, MATH raises $12 million in Series B funding round led by Binance labs and other well known industry leaders.
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Coinbase Files Draft for Initial Public Offering (IPO) Registration with SEC
As Coinbase gears up for its Initial Public Offering launch, it submits a draft registration to the U.S Securities and Exchange Commission.
Crypto News
eToro Joins Unicorn Club with $2.5 Billion Valuation: A Fin-Tech Giant’s Rise Amidst Global Growth
The social trading app and crypto broker, eToro stands at a current valuation of $2.5 billion, enters the Israeli "unicorn" club after classification.