Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that keeps money flowing and fast-tracks valuations. It’s the opposite of the standard venture capital strategy...
Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in an interview with Bloomberg News published Wednesday (April 17). As the report noted, Marszalek is making this observation as a rally in...
Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE) and target market infrastructure, risk and compliance, decentralized finance (DeFi) and tokenization projects, the company told CoinDesk on Thursday (Nov....
Ant Group is reportedly preparing to wind back its investments in the cryptocurrency sector. The Chinese tech giant is unwinding its $100 million investment in venture firm A&T Capital, Bloomberg News reported Monday (Sept. 18), citing sources familiar with the matter. According to the report, the move follows...
May 20, 2024
Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three months of this year, Reuters reported Monday (May 20), citing data from PitchBook. That report frames this as a tentative signal that venture capital (VC) investors have regained interest in the […]
May 05, 2024
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that...
April 17, 2024
Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in an interview with Bloomberg News published Wednesday...
November 09, 2023
Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE) and target market infrastructure, risk...
