MoonPay a crypto payment firm valued at $3.4 billion after first funding round
MoonPay, a cryptocurrency payment firm, is expected to attain a valuation of $3.4 billion following its first investment round, according to The Information. Tiger Global Management and Coatue Management were the co-lead investors in the $400 million financing round. In the context of a three-year-old business, the company’s worth is astronomical. Using MoonPay , individuals […]
DeFi Land raises $4.1M to develop its new DeFi game on Solana
DeFi Land, a blockchain gamification platform, has raised $4.1 million in funding to develop a new decentralized finance game on Solana. DeFi Land is a simulation game for agriculture that gamifies the facets of decentralized finance. The purpose is to develop educational resources for anyone who wants to learn more about DeFi or other alternative […]
Multicoin Capital leads a $17.4M seed raise for Eden Network
Eden Network, an Ethereum transaction protocol, has attracted $17.4 million in early funding from some of blockchain’s largest venture funds. The funding will be used to help developers, miners, and users adopt Eden Network, the company stated on Wednesday. Because of a better block manufacturing method, the network says that all users will benefit from […]
Simba Chain raises $25 million to boost NFT efforts
Simba Chain, a blockchain firm based in the US that supplies technology to a number of US defence agencies, has secured more capital through funding to help it take advantage of the nonfungible tokens (NFTs) space. According to an official release, Valley Capital Partners led the $25 million Series A funding round, which included Notre […]
Pakistani blockchain-based market Bazaar completes $30M funding round
Bazaar Technologies, a Pakistani blockchain-powered business-to-business (B2B) platform, has raised $30 million in Pakistan’s largest Series A financing to date. Bazaar Technologies is now ranked among Pakistan’s most capitalized startups. On August 24, Bazaar announced the completion of its most recent investment round, noting that the round was led by Defy Partners of Silicon Valley […]