Element Finance, the DeFi’s fixed rate protocol, has raised $32M in a Series A funding round at a $320M valuation.
The round was led by Polychain Capital.
Previous investors: Andreessen Horowitz, Placeholder, A_Capital, and Scalar Capital.
New investors: Advanced Blockchain, Republic, Rarestone, Yunt Capital, P2P Validator, Ethereal Ventures, and their limited partners; and Femboy Capital.
https://medium.com/element-finance/element-finance-raises-32m-series-a-at-a-320m-valuation-6622fab5fb40
The round was led by Polychain Capital.
Previous investors: Andreessen Horowitz, Placeholder, A_Capital, and Scalar Capital.
New investors: Advanced Blockchain, Republic, Rarestone, Yunt Capital, P2P Validator, Ethereal Ventures, and their limited partners; and Femboy Capital.
https://medium.com/element-finance/element-finance-raises-32m-series-a-at-a-320m-valuation-6622fab5fb40
Medium
Element Finance Raises $32M Series A at a $320M Valuation
We’re excited to announce the closing of our $32M Series A. The round was led by Polychain Capital and includes previous investors a16z.
Elrond Network has announced that Woodstock released a brand new research report on the Elrond ecosystem has announced their first significant investment into a project building with its tech, and has launched a non-custodial EGLD staking service.
https://elrond.com/blog/woodstock-strategic-investment-research-staking
https://elrond.com/blog/woodstock-strategic-investment-research-staking
Multiversx
Building For Global Adoption: Woodstock Fund Shifts Elrond Commitment Into High Gear With In-Depth Research Paper, Strategic Investments…
Woodstock have released a new research report on the Elrond ecosystem, have announced their first significant investment into a project building with our tech, and have launched a non-custodial EGLD staking service.
Facebook has chosen Coinbase as its custody partner for its pilot of Novi, a new digital wallet that enables people to send and receive money abroad instantly, securely, and with no fees.
https://blog.coinbase.com/coinbase-to-power-crypto-custody-for-facebooks-novi-90dc8d3f5830
https://blog.coinbase.com/coinbase-to-power-crypto-custody-for-facebooks-novi-90dc8d3f5830
Medium
Coinbase to power crypto custody for Facebook’s Novi
Facebook has chosen Coinbase as its custody partner for its pilot of Novi, a new digital wallet that enables people to send and receive…
ARPA Chain (ARPA) and Perpetual Protocol (PERP) are now available on Coinbase.
https://blog.coinbase.com/arpa-chain-arpa-and-perpetual-protocol-perp-are-now-available-on-coinbase-343e6e7ed6f1
https://blog.coinbase.com/arpa-chain-arpa-and-perpetual-protocol-perp-are-now-available-on-coinbase-343e6e7ed6f1
Clearpool has announced details of its IDO on DAO Maker.
Project Valuation: $40,000,000
Initial Market Capitalization: $1,614,000
DAO Maker Raise: $95,000 + $5,000 (Community Round)
Public Sale Price: $0.040
Allocation Size: $200
Registration: 26 October at 12:00 UTC.
https://clearpool.medium.com/clearpool-to-launch-ido-on-dao-maker-sho-public-sale-registration-begins-26-october-2021-f064564fa3a6
Project Valuation: $40,000,000
Initial Market Capitalization: $1,614,000
DAO Maker Raise: $95,000 + $5,000 (Community Round)
Public Sale Price: $0.040
Allocation Size: $200
Registration: 26 October at 12:00 UTC.
https://clearpool.medium.com/clearpool-to-launch-ido-on-dao-maker-sho-public-sale-registration-begins-26-october-2021-f064564fa3a6
Medium
Clearpool to Launch IDO on DAO Maker: SHO Public Sale Registration Begins 26 October 2021
The Clearpool team is excited to announce the details of the first public sale, IDO, of $CPOOL on DAO Maker. DAO Maker will provide a secure and transparent process to purchase $CPOOL tokens at the…
Coinbase has announced a partnership with the National Basketball Association (NBA), Women's National Basketball Association (WNBA), the NBA G League, NBA 2k League, and USA Basketball.
Coinbase's logo and branding will appear during televised games for the aforementioned leagues.
https://twitter.com/coinbase/status/1450529041128116227?s=20
https://www.theblockcrypto.com/linked/121316/coinbase-announces-multiyear-sponsorship-deal-with-nba-wnba
Coinbase's logo and branding will appear during televised games for the aforementioned leagues.
https://twitter.com/coinbase/status/1450529041128116227?s=20
https://www.theblockcrypto.com/linked/121316/coinbase-announces-multiyear-sponsorship-deal-with-nba-wnba
Twitter
Coinbase
🏀 BREAKING 🏀 We’re excited to announce that as of today we are the official crypto platform of the @NBA, @WNBA, @NBA2KLeague, and @usabasketball. Let’s go!
Multicoin Capital Targets $250 Million for Third Crypto VC Fund.
https://www.theinformation.com/articles/multicoin-capital-targets-250-million-for-third-crypto-vc-fund
https://www.theinformation.com/articles/multicoin-capital-targets-250-million-for-third-crypto-vc-fund
The Information
Multicoin Capital Targets $250 Million for Third Crypto VC Fund
Multicoin Capital, which operates a hedge fund focused on crypto tokens, is planning to raise $250 million for its third venture fund to back crypto startups, according to fundraising materials viewed by The Information. The Austin-based firm, which announced…
ProShares bitcoin futures ETF sees historic nearly $1 billion trading day.
https://www.theblockcrypto.com/linked/121364/proshares-bitcoin-futures-etf-sees-historic-nearly-1-billion-trading-day
https://www.theblockcrypto.com/linked/121364/proshares-bitcoin-futures-etf-sees-historic-nearly-1-billion-trading-day
Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter.
https://www.theverge.com/2021/10/19/22735612/facebook-change-company-name-metaverse
https://www.theverge.com/2021/10/19/22735612/facebook-change-company-name-metaverse
The Verge
Facebook is planning to rebrand with a new name
The tech giant wants to be known for more than social media’s ills.
Assemble Protocol (ASM) is launching on Coinbase Pro.
Trading will begin on or after 16:00 UTC October 21, if liquidity conditions are met.
https://blog.coinbase.com/assemble-protocol-asm-is-launching-on-coinbase-pro-9b4c6f9c484f
Trading will begin on or after 16:00 UTC October 21, if liquidity conditions are met.
https://blog.coinbase.com/assemble-protocol-asm-is-launching-on-coinbase-pro-9b4c6f9c484f
Bounce (AUCTION) is now available on Coinbase.
https://blog.coinbase.com/bounce-auction-is-now-available-on-coinbase-7b1787f163c9
https://blog.coinbase.com/bounce-auction-is-now-available-on-coinbase-7b1787f163c9
MonoX is now live on Ethereum and Polygon mainnet.
In conjunction with their referral program, MonoX is launching a retroactive airdrop.
https://medium.com/monoswap/monox-is-live-on-mainnet-44b1ec99e8fa
In conjunction with their referral program, MonoX is launching a retroactive airdrop.
https://medium.com/monoswap/monox-is-live-on-mainnet-44b1ec99e8fa
Medium
MonoX is LIVE on Mainnet!
🚀 We’re live!
Sommelier Finance, a crypto project that helps automate DeFi trading, has raised $23 million in a Series A funding round.
The round was led by Polychain Capital, with participation from existing investor Alameda Ventures and new investors Zola Ventures, Byzantine Ventures, Tendermint Ventures, Secure Ventures, D1 Ventures, and Ferngrove Ventures.
https://sommelier.finance/blog/sommelier-announces-23mm-series-a-mainnet-round
The round was led by Polychain Capital, with participation from existing investor Alameda Ventures and new investors Zola Ventures, Byzantine Ventures, Tendermint Ventures, Secure Ventures, D1 Ventures, and Ferngrove Ventures.
https://sommelier.finance/blog/sommelier-announces-23mm-series-a-mainnet-round
Subscription for the Lazio Fan Token (LAZIO) Token Sale on Binance Launchpad Is Now Open.
After the subscription is complete, Binance will list Lazio Fan Token (LAZIO) in the innovation zone at 2021-10-21 12:00 UTC and open trading for LAZIO/BTC, LAZIO/BNB, LAZIO/TRY and LAZIO/EUR trading pairs.
https://www.binance.com/en/support/announcement/7062300c06bb405ba0725796e65a4cd6
After the subscription is complete, Binance will list Lazio Fan Token (LAZIO) in the innovation zone at 2021-10-21 12:00 UTC and open trading for LAZIO/BTC, LAZIO/BNB, LAZIO/TRY and LAZIO/EUR trading pairs.
https://www.binance.com/en/support/announcement/7062300c06bb405ba0725796e65a4cd6
Concept Art House, the creator of art for video games and nonfungible token (NFT) collectibles and partners of Dapper Labs for their upcoming UFC digital collectibles experience, has raised $25 million to create NFT art and games.
The investors include Dapper Labs, Animoca Brands, Anthos, Appworks, Blockchain Coinvestors, Fabric VC, Hashkey, Liberty City Ventures, One Football, PKO investments, Polymorphic Capital, Protocol Labs, Redbeard Ventures, Spartan Group, Jeff ‘Jiho’ Zirlin (Axie-Infinity), Gabby Dizon (Yield Guild Games), Vinny Lingham (Civic), and Kevin Lin (Twitch). Steve Aoki is an adviser.
https://twitter.com/dapperlabs/status/1450517493781516290?s=21
The investors include Dapper Labs, Animoca Brands, Anthos, Appworks, Blockchain Coinvestors, Fabric VC, Hashkey, Liberty City Ventures, One Football, PKO investments, Polymorphic Capital, Protocol Labs, Redbeard Ventures, Spartan Group, Jeff ‘Jiho’ Zirlin (Axie-Infinity), Gabby Dizon (Yield Guild Games), Vinny Lingham (Civic), and Kevin Lin (Twitch). Steve Aoki is an adviser.
https://twitter.com/dapperlabs/status/1450517493781516290?s=21
Cboe Agrees to Acquire ErisX, Entering Digital Asset Space with Spot, Derivatives and Clearing Platform.
https://ir.cboe.com/news-and-events/2021/10-20-2021/cboe-agrees-acquire-erisx-entering-digital-asset-space-spot-derivatives-and-clearing-platform
https://ir.cboe.com/news-and-events/2021/10-20-2021/cboe-agrees-acquire-erisx-entering-digital-asset-space-spot-derivatives-and-clearing-platform
Injective has announced that the Injective Pro relayer has been launched.
https://twitter.com/InjectiveLabs/status/1450835129702748160?s=20
https://twitter.com/InjectiveLabs/status/1450835129702748160?s=20
Polkadot-based privacy project Manta Network has raised $5.5M to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy.
Investors: crypto hedge fund CoinFund, ParaFi Capital, Web 3. investment fund LongHash Ventures, CMS Holdings, Divergence, Spartan Group, Global Coin Ventures, SkyVision Capital, Zee Prime and SNZ, Digital Currency Group, Consensys, Bitcoin.com.
Angel investors included SushiSwap’s semi-anonymous core contributor 0xMaki, Dragonfly Capital’s Kevin Hu, ParaFi general partner Santiago Santos and others.
https://cointelegraph.com/news/polkadot-based-privacy-project-manta-network-raises-5-5m
Investors: crypto hedge fund CoinFund, ParaFi Capital, Web 3. investment fund LongHash Ventures, CMS Holdings, Divergence, Spartan Group, Global Coin Ventures, SkyVision Capital, Zee Prime and SNZ, Digital Currency Group, Consensys, Bitcoin.com.
Angel investors included SushiSwap’s semi-anonymous core contributor 0xMaki, Dragonfly Capital’s Kevin Hu, ParaFi general partner Santiago Santos and others.
https://cointelegraph.com/news/polkadot-based-privacy-project-manta-network-raises-5-5m