Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $30,265.004.28% 24H
    BITCOIN
    24H : 4.28%
    Volume : $29,628,940,759.00
    Marketcap : $576,994,362,625.00
  • ethereumEthereum(ETH)
    $2,022.123.11% 24H
    ETHEREUM
    24H : 3.11%
    Volume : $18,522,926,522.00
    Marketcap : $244,286,738,329.00
  • binancecoinBNB(BNB)
    $306.644.97% 24H
    BNB
    24H : 4.97%
    Volume : $1,775,882,331.00
    Marketcap : $51,562,010,124.00
  • rippleXRP(XRP)
    $0.4202.38% 24H
    XRP
    24H : 2.38%
    Volume : $2,254,742,939.00
    Marketcap : $20,317,844,182.00
  • cardanoCardano(ADA)
    $0.5382.44% 24H
    CARDANO
    24H : 2.44%
    Volume : $938,406,812.00
    Marketcap : $18,203,115,186.00
  • terra-lunaTerra(LUNA)
    $0.00015-13.99% 24H
    TERRA
    24H : -13.99%
    Volume : $466,512,682.00
    Marketcap : $957,228,899.00
Coinscreed
No Result
View All Result
homerun token
Home News

Blockchain Capital Secures 300 Million USD From PayPal And Visa

Chide Austin by Chide Austin
11 months ago
in News
Reading Time: 3 mins read
A A
Share on FacebookShare on Twitter
For its Fund V LP, Blockchain Capital has received $300 million in funding from PayPal, Visa, and other investors.
Blockchain Capital: Secures 300 Million USD From PayPal And Visa

Several prominent investors, including PayPal and Visa, participated in a $300 million investment round for Blockchain Capital.

Blockchain Capital announced the closure of its Blockchain Capital V LP in a press statement on Tuesday.

SuggestedArticles

Continuum Market, CaNectar and Brad Turner Present #NFTStreetFair

Continuum Market, CaNectar and Brad Turner Present #NFTStreetFair

1 min ago
Crypto Exchange, FTX Expand Services, Launches Stock Trading For U.S Customers

Crypto Exchange, FTX Expand Services, Launches Stock Trading For U.S Customers

51 mins ago

According to the press release, Fund V, which was capped at $300 million, was oversubscribed, with several investors participating in the capital raising, including college endowments, family offices, and pension funds.

PayPal, Visa, and a few other Fund V investors will participate in Blockchain Capital’s strategic partnership program, according to the company.

Blockchain Capital is one of the industry’s first blockchain funds, and it now invests in important projects such as crypto exchanges like Kraken and Coinbase, as well as decentralized finance protocols including UMA, Nexus, and Aave.

With NFT marketplace OpenSea as part of its portfolio, the company also has a presence in the nonfungible token arena.

Blockchain Capital, along with Morgan Stanley Tactical Value, led a $48 million Series B fundraising round for asset tokenization platform Securitize, as previously reported by Cointelegraph. The company also managed a $24.25 million capital raising for DeFi protocol Balancer in May.

Between 2012 and 2020, Blockchain Capital received $16 billion in equity investments, making it a key player in the blockchain venture capital industry.

According to the press release, Blockchain Capital co-founder and managing partner Bart Stephens said of the performance of Fund V and the pedigree of investors involved in the capital raise:

“We are incredibly honored to welcome a world class group of investors into Fund V who appreciate the value of a firm dedicated to a single industry. As founders ourselves, we know how hard it is to build companies, protocols and, indeed, a whole new industry.”

PayPal’s sponsorship of Blockchain Capital, according to vice president Jose Fernandez da Ponte, is part of the company’s attempts to interact with entrepreneurs at the forefront of the burgeoning decentralized economy.

Tags: Blockchain capitalVisa

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.