Asset Manager BlackRock Receives $100K Seed Fund for Spot Bitcoin ETF
Asset manager BlackRock disclosed in its most recent filing with the US SEC that in October 2023, it obtained $100,000 in initial funding from an unidentified investor to support its spot Bitcoin exchange-traded fund (ETF). The agreement stipulated that the investor would acquire 4,000 shares of the Seed Creation Baskets on October 27, 2023, for […]
Blockchain Security Startup Blockaid Secures $33M in Funding
Blockaid, a blockchain security startup and partner of the MetaMask cryptocurrency wallet, has raised $33 million to scale its anti-malicious transaction technology. Industry-leading venture capital firms, such as Coinbase investor Ribbit Capital and early-stage VC firm Variant, spearheaded Blockaid’s Series A funding round. Among the other investors were Sequoia Capital, Cyberstarts, and Greylock Partners. In […]
Hong Kong Crypto VC Funds $100M Asian Blockchain Companies
The “Titan Fund” has already made five investments in various blockchain startup companies, including two in Hong Kong-based initiatives. CMCC Global, a Hong Kong-based venture capital firm focused on cryptocurrencies, has raised $100 million to support Asian blockchain businesses. Titan Fund completed its initial funding round on October 4, with participation from 30 investors, including […]
AI Startup Helsing Raises $223M in Series B Funding
General Catalyst, a venture capital firm, has led a 223 million (approximately 209 million euros) in Series B funding for European artificial intelligence (AI) defense company Helsing on Thursday, September 14. The company emphasized its dedication to advancing artificial intelligence technology to protect democratic nations. In a statement, Helsing co-founder Gundbert Scherf said: “We founded […]
ConsenSys Rejects Funding Talk Amid Share Discounts
ConsenSys has dismissed rumors that it is seeking new capital, insisting it has plenty of cash and is not engaged in any formal fundraising effort. ConsenSys, a leading Ethereum software company, was rumored to be fundraising after holding talks with investors over the summer about a potential capital injection. The talks came after a period […]