Venture capital funding for crypto and blockchain companies has been breaking records in 2021. Here are top 10 biggest rounds and the companies that raised them.
#Crypto #Blockchain #Funding #Investment
#Crypto #Blockchain #Funding #Investment
Binance, the well-known crypto exchange across the globe, is introducing the launch of a venture capital fund of its own.
The company announces that it would raise &500 million for its initial start-up fund, with support from DST Global and Breyer Capital and also anonymous backing from family offices and corporations.
Web3 is a technological endeavor led by Binance Labs with the goal of creating a new internet based on blockchain technology that is decentralized and independent of other online platforms.
#Binance #Crypto #Funding #Web3 #Blockchain
The company announces that it would raise &500 million for its initial start-up fund, with support from DST Global and Breyer Capital and also anonymous backing from family offices and corporations.
Web3 is a technological endeavor led by Binance Labs with the goal of creating a new internet based on blockchain technology that is decentralized and independent of other online platforms.
#Binance #Crypto #Funding #Web3 #Blockchain
A quick review of #Gemini ! 📈
🔸The first licensed Ethereum exchange to operate in the US!
🔸After 4 years of its launch, it became the first #exchange in the world to receive a license to provide Zcash trading.
🔸Nearly $70.79 mn in Gemini’s trading volume over 24 hrs, and has grabbed 13.6 mn users across 60 countries.
🔸Founded by Tyler and Cameron Winklevoss in 2014 in New York.
🔸Now, Gemini has grown to more than $30 bn in trades yearly and also recorded $307 mn in #revenue in FY 2021.
🔸By partnering with the Samsung blockchain, Gemini enables Samsung wallet users to access the Gemini mobile app and even conduct crypto payments.
🔸Raising $400 mn in its first equity #funding brought the exchange valuation to $7.1 bn.
🔸Gemini’s offerings include a web exchange, Hedge Fund & Liquidity Services, Credit cards, wallet, Gemini prime, and much more.
🔗Read More : https://www.linkedin.com/feed/update/urn:li:activity:6970243852095946752
🔸The first licensed Ethereum exchange to operate in the US!
🔸After 4 years of its launch, it became the first #exchange in the world to receive a license to provide Zcash trading.
🔸Nearly $70.79 mn in Gemini’s trading volume over 24 hrs, and has grabbed 13.6 mn users across 60 countries.
🔸Founded by Tyler and Cameron Winklevoss in 2014 in New York.
🔸Now, Gemini has grown to more than $30 bn in trades yearly and also recorded $307 mn in #revenue in FY 2021.
🔸By partnering with the Samsung blockchain, Gemini enables Samsung wallet users to access the Gemini mobile app and even conduct crypto payments.
🔸Raising $400 mn in its first equity #funding brought the exchange valuation to $7.1 bn.
🔸Gemini’s offerings include a web exchange, Hedge Fund & Liquidity Services, Credit cards, wallet, Gemini prime, and much more.
🔗Read More : https://www.linkedin.com/feed/update/urn:li:activity:6970243852095946752
📈A quick review of the seventh-largest #crypto exchange Ripple(XRP) with a present market cap of 16.23 bn.
🔸#Ripple is the #blockchain-based digital payment network and protocol with its own cryptocurrency called XRP serving over 3 mn users worldwide.
🔸Founded by Chris Larsen and Jed McCaleb in 2012 in San Francisco.
🔸Ripple’s net sales have increased from $491 mn (Q3 2021) to $717 mn (Q4 2021) and recorded a #revenue of $110.6 mn in FY 2021.
🔸Currently, it has a circulating supply of 45.40 bn #XRP tokens and a max supply of 100 bn XRP tokens.
🔸Ripple’s offerings include Cross-border payments, #CBDC solutions, On-demand Liquidity services, and much more.
🔸To launch the On-Demand Liquidity payment service in Brazil, Ripple partnered with Travelex and plans to open up even more payment avenues in the coming months.
🔸Ripple has raised $293.8 mn in #funding over 14 rounds and has made 25 #investments.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6968887644621590528
🔸#Ripple is the #blockchain-based digital payment network and protocol with its own cryptocurrency called XRP serving over 3 mn users worldwide.
🔸Founded by Chris Larsen and Jed McCaleb in 2012 in San Francisco.
🔸Ripple’s net sales have increased from $491 mn (Q3 2021) to $717 mn (Q4 2021) and recorded a #revenue of $110.6 mn in FY 2021.
🔸Currently, it has a circulating supply of 45.40 bn #XRP tokens and a max supply of 100 bn XRP tokens.
🔸Ripple’s offerings include Cross-border payments, #CBDC solutions, On-demand Liquidity services, and much more.
🔸To launch the On-Demand Liquidity payment service in Brazil, Ripple partnered with Travelex and plans to open up even more payment avenues in the coming months.
🔸Ripple has raised $293.8 mn in #funding over 14 rounds and has made 25 #investments.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6968887644621590528
📈 Read about #FTX - One of the largest crypto exchanges globally handles 11% of the $2.4 tn in derivatives trading monthly.
🔸With 5+ mn active users, FTX has seen a 1500% increase in registrations in 2021.
🔸Founded by Gary Wang and Sam Bankmanand Fried in May 2019.
🔸Currently, FTX supports 300+ cryptos, 499 trading pairs, and 11 fiat currencies.
🔸#FTT (FTX’s native token) is used as collateral in futures trading and staking which has a circulating supply of 134.33 mn and a total supply of 345 mn.
🔸FTX’s daily trading volume was $10 bn and a market cap of $32 bn as of Feb 2022.
🔸Made #Partnerships with IndiGG, and AZA Finance to enter Indian, African, and European markets.
🔸FTX’s offerings include spot & margin trading, OTC trading, futures, NFTs, and a mobile app.
🔸Raised $3.7 bn in 7 #funding rounds and made 20 #investments.
🔗Read More : https://www.linkedin.com/feed/update/urn:li:activity:6971050506601324544
🔸With 5+ mn active users, FTX has seen a 1500% increase in registrations in 2021.
🔸Founded by Gary Wang and Sam Bankmanand Fried in May 2019.
🔸Currently, FTX supports 300+ cryptos, 499 trading pairs, and 11 fiat currencies.
🔸#FTT (FTX’s native token) is used as collateral in futures trading and staking which has a circulating supply of 134.33 mn and a total supply of 345 mn.
🔸FTX’s daily trading volume was $10 bn and a market cap of $32 bn as of Feb 2022.
🔸Made #Partnerships with IndiGG, and AZA Finance to enter Indian, African, and European markets.
🔸FTX’s offerings include spot & margin trading, OTC trading, futures, NFTs, and a mobile app.
🔸Raised $3.7 bn in 7 #funding rounds and made 20 #investments.
🔗Read More : https://www.linkedin.com/feed/update/urn:li:activity:6971050506601324544
🌐How #Chainlink become the top decentralized oracle network in almost every #cryptocurrency project?
🔸Nearly 1000s of applications use Chainlink every day!
🔸Founded by Sergey Nazarov and Steve Ellis in June 2017 in the Cayman Islands.
🔸Offers tamper-proof inputs, outputs, and computations to access #smart contracts on any #blockchain.
🔸#Link is the native coin of Chainlink used to pay node operators for providing data to smart contracts.
🔸Presently, it has $453 mn Link tokens in circulation and a maximum supply limit of $1 bn link tokens.
🔸Many #Defi projects, like Aave, Compound, and dYdX, formerly use Chainlink, and it recently became the first #EVM substitute to run on the Solana network.
🔸Raised $32 mn in 4 #funding rounds and recently made an #investment in DLC. Link’s Pre-seed round.
🔸Multiple top businesses have integrated Chainlink including GSR, Cardano, and Elwood Technologies.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6972903322357813248
🔸Nearly 1000s of applications use Chainlink every day!
🔸Founded by Sergey Nazarov and Steve Ellis in June 2017 in the Cayman Islands.
🔸Offers tamper-proof inputs, outputs, and computations to access #smart contracts on any #blockchain.
🔸#Link is the native coin of Chainlink used to pay node operators for providing data to smart contracts.
🔸Presently, it has $453 mn Link tokens in circulation and a maximum supply limit of $1 bn link tokens.
🔸Many #Defi projects, like Aave, Compound, and dYdX, formerly use Chainlink, and it recently became the first #EVM substitute to run on the Solana network.
🔸Raised $32 mn in 4 #funding rounds and recently made an #investment in DLC. Link’s Pre-seed round.
🔸Multiple top businesses have integrated Chainlink including GSR, Cardano, and Elwood Technologies.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6972903322357813248
🌐How did #Polygon become the first to address the major issues associated with #Ethereum?
🔸Do you know? More than 19,000 #Dapps are using Polygon and can process up to 72K transactions per second on each side chain.
🔸Polygon is the decentralized Ethereum scaling platform to create & collaborate with Dapps.
🔸Founded by Anurag Arjun, Jaynti Kanani, Mihailo Bjelic, and Sandeep Nailwal in 2017.
🔸#Matic is a polygon’s native token used to manage and secure the network by staking and interacting with dApps.
🔸As of Apr 2022, Matic was the 18th largest #crypto asset with a market cap of $11.3 bn.
🔸Polygon’s offerings include Zk-based ID platforms, Nightfall solution, wallet, API, Bridge widget, and Bridge API.
🔸Raised $451.5 mn in 7 #funding rounds and made 15 #investments in businesses including Mighty Bear Games, Optic, and Fanclash.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6973247426363097088
🔸Do you know? More than 19,000 #Dapps are using Polygon and can process up to 72K transactions per second on each side chain.
🔸Polygon is the decentralized Ethereum scaling platform to create & collaborate with Dapps.
🔸Founded by Anurag Arjun, Jaynti Kanani, Mihailo Bjelic, and Sandeep Nailwal in 2017.
🔸#Matic is a polygon’s native token used to manage and secure the network by staking and interacting with dApps.
🔸As of Apr 2022, Matic was the 18th largest #crypto asset with a market cap of $11.3 bn.
🔸Polygon’s offerings include Zk-based ID platforms, Nightfall solution, wallet, API, Bridge widget, and Bridge API.
🔸Raised $451.5 mn in 7 #funding rounds and made 15 #investments in businesses including Mighty Bear Games, Optic, and Fanclash.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6973247426363097088
📈Are you willing to start and enjoy crypto trading, consider #Huobi, one of China’s top 3 #crypto exchanges and top 9 worldwide?
🔸Founded by Jun Du and Leon Li in 2013 in Seychelles.
🔸Huobi’s #offerings include Spot trading, P2P trading, Futures, Options, Margin, OTC market, staking, Huobi earn, a mobile app, wallet, and mining pools.
🔸Huobi's #revenue as of July 2022 was $110.1 mn, an increase of 0.18% from June 2022's $91.7 mn.
🔸Integrated #Pyth network, an oracle solution to offer financial data (Price feeds) for its Defi ecosystem.
🔸Raised $2 mn in 5 #funding rounds and has made nearly 35 #investments.
🔸Acquired 3 organizations; Bitex, BitTrade, and Huobi technology.
🔸Recently partnered with Chiliz to launch Fan Token Zone, and also hosted a special PrimeBox event with a 2 mn USDT prize pool.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6974992891874082816
🔸Founded by Jun Du and Leon Li in 2013 in Seychelles.
🔸Huobi’s #offerings include Spot trading, P2P trading, Futures, Options, Margin, OTC market, staking, Huobi earn, a mobile app, wallet, and mining pools.
🔸Huobi's #revenue as of July 2022 was $110.1 mn, an increase of 0.18% from June 2022's $91.7 mn.
🔸Integrated #Pyth network, an oracle solution to offer financial data (Price feeds) for its Defi ecosystem.
🔸Raised $2 mn in 5 #funding rounds and has made nearly 35 #investments.
🔸Acquired 3 organizations; Bitex, BitTrade, and Huobi technology.
🔸Recently partnered with Chiliz to launch Fan Token Zone, and also hosted a special PrimeBox event with a 2 mn USDT prize pool.
🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6974992891874082816
🌐Have you heard? Employees can get paid in #cryptocurrencies!
► With ZenGo apart from having the most secure #wallet, users can even earn up to an 8% yield on their #crypto holdings.
► Founded by Gary Benattar, Omer Shlomovits, Ouriel Ohayon, and Tal Be'ery in July 2018 in Tel Aviv, Israel.
► #ZenGo’s offerings include a crypto wallet, crypto card, lending, and #Ethereum staking.
► Raised $48 mn in 4 #funding rounds and some of the lead investors were Insight Partners, Samsung Next, and HashKey Capital.
► Let’s have a glance at the PPT slides for an in-depth idea.
🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:6975445620685770752
► With ZenGo apart from having the most secure #wallet, users can even earn up to an 8% yield on their #crypto holdings.
► Founded by Gary Benattar, Omer Shlomovits, Ouriel Ohayon, and Tal Be'ery in July 2018 in Tel Aviv, Israel.
► #ZenGo’s offerings include a crypto wallet, crypto card, lending, and #Ethereum staking.
► Raised $48 mn in 4 #funding rounds and some of the lead investors were Insight Partners, Samsung Next, and HashKey Capital.
► Let’s have a glance at the PPT slides for an in-depth idea.
🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:6975445620685770752