Blockchain Capital has raised $13 million in a second investment fund aimed at companies within the digital currency and blockchain ecosystem.
Merit Systems just pulled $10 million in funding from Blockchain Capital and 16z Crypto.
Blockchain Capital’s Head of Capital Formation Jason Di Piazza stated that most of the firm’s limited partners are traditional institutional investors.
PayPal confessed that this is its first time to become a Limited Partner in a blockchain or digital asset-focused fund.
The Open DeFi Alliance supported by the Shanghai Science and Technology Committee seen new members with some of the top DeFi protocols forming a consortium that focuses on innovation, risk management, and liquid strategies.
To power its Anchorage Trading brokerage, the company has acquired Merkle Data startup and started integrating its technology.
As the overall cryptocurrency market added $10 billion to its valuations, Bitcoin leads the show with 5% gains. With today’s price surge Bitcoin has recovered by 15% from its weekly low of $6600.
According to the Blockchain Capital report, Bitcoin will revive its lost glory with the Bitcoin price crossing $20,000 in 2020. Simultaneously, the altcoin market will see some major changes as well.
Jeff Clavier backs Messari with $4 million from Uncork Capital, Coinbase’s Balaji Srinivasan and others are pledging too.
Crypto assets custodian Anchorage has introduced a new governance platform. Voting is based on ownership of the Maker token.
Securitize announced it has managed to raise a whopping $14 million in latest investment from Nomura Holdings, MUFG, and Banco Santander.
The SEC has delayed its decision for listing VanEck to Oct. 18, while Bitwise’s listing on NYSE Arca will be delayed to Oct. 13. The decision on Wilshire Phoenix’s United States Bitcoin and Treasury Investment Trust has been postponed until Sept. 29.
The blockchain accelerator program called Startup Studio which is backed by Fidelity Investments and 20 other companies, has managed to attract over 50 mentors.
Anchorage has announced that they have raised around $40M in a Series B funding round. A few of the large backers include Visa, Blockchain Capital, and Andreessen Horowitz. Anchorage provides crypto custody services for institutional investors.
Despite sharp Bitcoin price swings, it has been profitable as an investment 98.2% of the days since its creation. If you want to become a member of crypto community and earn some money – analysts say it’s time to buy.
Coinbase Earn announced support for DAI – the first stablecoin added to the exchange’s educational program.