APY.Finance Raises $3.6 Million In Seed Funding To Develop Yield Farming Platform

  • The company is said to be building a next-generation DeFi, which will allow users to onboard yield farming strategies in a risk/reward optimized way.
  • APY.Finance is further planning to issue a native governance token, dubbed APY, to support decision making on the protocol.

Linear Finance Raises $1.8 Million In Seed Funding

  • Various key strategic investors such as BGC Ventures, Alameda Research, and Hashed will aid Linear in its pursue of growth.
  • Tony Gu, NGC founding partner, and Ryan Kim, Hashed co-founder, are said to be joining Linear’s advisory board.

DeFi-Friendly Framework Labs Closes $8M Seed Funding Round

  • The new funding will be used to expand the firm's research, trading and engineering teams, as well as provide further liquidity to DEX and DeFi startups.
  • The firm claims to be the largest liquidity provider on Uniswap, as well as a key node operator providing data for Chainlink oracles.

BlockFi Raises $50 Million In Series C To Release Bitcoin Rewards-Based Credit Card

  • After the closure of the series C, the company has now raised nearly $100 million in the past 12 months.
  • With more than $1.5 billion in crypto assets and around $10 million in monthly revenue, BlockFi aims to widen its developer team and expand geographically.

Robinhood Raises $200 Million In Series G Funding

  • The funds were provided by D1 Capital Partners, making the company a new major investor in Robinhood.
  • The resources will be used to improve educational products and allow customers to better inform themselves of proper investment practices and current market trends.

LinkPool Becomes The First Recipient Of The Chainlink Community Grant Program

  • LinkPool will work on the addition of new features to Chainlink Market.
  • Some expected improvements include allowing developers to deploy new Chainlink oracle networks and expanding of the platform.

Uniswap Raises $11 Million In Series A To Build Uniswap V3

  • All the funds will be directed towards expanding the development team and the creation of a new design.
  • The v2 of the platform improves user experience and extends some of the core features, reducing costs and presenting traders with more flexibility.

IDEX Raises $2.5 Million To Launch Version 2.0

  • The funding round was led by G1 Ventures and Borderless Capital.
  • The new 2.0 version of the platform will be launched in three phases, with each one introducing new features aiming to make IDEX the most sophisticated dapp on the market.

Electric Capital Raises $110 Million To Advance Blockchain Adoption

  • The VC fund has partnered with various institutional investors to line up resources for the next wave of crypto entrepreneurs.
  • The company will explore new opportunities in Layer 1 protocols, DeFi products and crypto-enabled marketplaces.

Celsius Closes Equity Funding Round With Over $18.8 Million Raised

  • The blockchain-based financial services company completed their first equity round after previously raising $10 million from Tether.
  • The company has vowed to give back 80% of all earned crypto interest in the future back to the community.