Tether Invests $2m Into Arcanum Capital Fund II
Tether has made its first foray into the venture capital industry by contributing $2 million to Arcanum Capital fund, which focuses on creating blockchain-based Web3 products. A recent news release claims that Arcanum Capital’s Arcanum Emerging Technologies Fund II has seen $2 million invested in the venture capital field by Tether, a significant stablecoin issuer. […]
SecondLane Lists Pump.fun Equity Stake at $1.5B Valuation
The private market site reports that Pump.fun has $15 million equity up for grabs. SecondLane has listed an equity interest in the memecoin protocol Pump.fun with a fully diluted valuation (FDV) of $1.5 billion. The private markets trading platform priced the 1% equity stake in Pump.fun at $15 million, making it available on SecondLane’s web app and […]
DePIN Glow Raises $30M from Framework Ventures, USV
The funds will be used to expand Glow’s solar grid in India, which is projected to replace the energy consumption of 34,000 households. Ethereum-based platform Glow has secured $30 million from venture capitalists to expand its decentralized solar farm initiatives. Framework Ventures and Union Square Ventures led the funding round, with participation from Lattice Ventures, Protocol […]
Legion Annouces Merit-Based Platform for ICOs in Europe
The reputation system is aimed at retail investors in Europe and projects worldwide seeking regulatory clarity for crypto fundraising. Legion, a crypto fundraising platform , has unveiled a new reputation system targeting retail investors and startups launching initial coin offerings (ICOs) under European Union regulations. As per Legion, this system “simplifies things for teams” by allowing […]
VanEck Introduces $30M Ventures Fund for Crypto and AI
VanEck’s new $30 million fund, VanEck Ventures, will invest in fintech, crypto, and AI firms developing next-generation payments. VanEck, one of the U.S. issuers of spot Bitcoin exchange-traded funds (ETFs), has introduced a new initiative to support early-stage projects in the cryptocurrency and artificial intelligence sectors. On October 9, VanEck announced the launch of VanEck […]