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Investments
CoinFund Reveales $300M Web3 Venture Fund
  • “Venture I” will support early-stage web3 project, with a focus on layer 1 blockchains, NFT, gaming, asset management, and web3 infrastructure.
  • CoinFund will mainly invest in projects it has not backed before, with investments ranging from $6 million to $10 million per project.
August 17, 2022, 6:26 PM
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Ledger Reportedly in Talks For $100M Funding Round
  • Unnamed sources have said that the company is currently in talks with interested parties to raise at least $100 million in a new funding round.
  • The same people noted that Ledger had experienced growth in its business over the past months, as investors turn to cold storage.
August 1, 2022, 6:28 PM
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CoinShares Acquires AIFM-Regulated Napoleon
  • Napoleon Asset Management was amongst the first to be licensed under AIMF, giving it passporting permission to market products and services across the EU.
  • The acquisition will also expand CoinShares’ products with algorithmic trading and artificial intelligence tools developed by Napoleon.
July 4, 2022, 3:46 PM
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CoinFLEX to Resume Withdrawals After $47M Token Offering
  • CoinFLEX paused all withdrawals on the platform on 24 June due to extreme market conditions, and an account going into negative equity without being liquidated.
  • Called Recovery Value USD (rvUSD), the new token will be worth $1 each, and will come with a 20% APR paid daily in rvUSD.
June 28, 2022, 9:27 AM
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Jun 6, 2022
CAKE Jumps in Price Following Binance Labs’ Investment
  • While far from its all-time high of $43.96, the price of CAKE did jump by 7% following Binance Labs’ investment, and is now traded for around $4.7.
  • As the largest dapp on BNB Chain, PancakeSwap has been leading the development and adoption of the blockchain, which is one of the reasons behind the investment.

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Jun 1, 2022
Binance’s VC Arm Raises $500M to Fund Web3 and Crypto Adoption
  • The fund is the first in Binance Labs’ history to be created with outside capital, namely from DST Global Partners, Breyer Capital, unnamed private equity funds, and others.
  • The new $500 million fund will invest in cryptocurrency companies in three stages of development, from incubation, to early-stage venture, and finally late-stage growth.
May 12, 2022
Chainalysis Valued at $8.6B Following $170M Round
  • The Series F round has more than doubled Chainalysis’ valuation since last year, which is not surprising considering it has increased its customer base by 75%.
  • The company has claimed that its various tools are now responsible for monitoring around $1 trillion worth of transactions each month.
Apr 26, 2022
Fidelity to Offer BTC Exposure to 401(k) Savings Accounts
  • Once the change has been implemented, more than 23,000 U.S.-based companies could allow their employees to invest in BTC through their 401(k) retirement savings accounts.
  • Fidelity plans to release the new option later this year, allowing 401(k) account holders to invest up to 20% of their portfolio in BTC.
Apr 12, 2022
Circle Partners With BlackRock, Reveals $400M Funding Round
  • BlackRock, the main asset manager for the USDC cash reserves, will now explore the capital market applications for the USDC stablecoin.
  • The $400 million funding round, which is expected to complete in the second quarter, will see participation from Fidelity, Marshall Wace, Fin Capital, and BlackRock.
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