VC Roundup: Crypto funding climbs to $13.6B in 2024, set to hit $18B in 2025
Declining interest rates and increased regulatory clarity are expected to fuel a surge in venture capital investment in crypto startups over the next 12 months.This post was originally published on this site
Binance Labs ventures into DeSci with BIO Protocol investment
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management. This post was originally published on this site
Solv Protocol Raises $25M in Total Funding to Drive Bitcoin Staking Adoption, Potentially Unlocking $330B in Value
Solv Protocol has raised $11 million in a strategic funding round, bringing its total funding to $25 million at a valuation of $200 million. This capital will advance the company’s mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL). The funding round attracted participation from prominent investors, including Laser Digital, Blockchain Capital, and […]
BNB Chain to support early projects with new incubation alliance
The announcement comes amid a recent surge in BNB’s price, reaching a new all-time high of $717.48 on June 6.This post was originally published on this site
ZK-proof Web3 infrastructure developer gets backing from Binance Labs
Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development.This post was originally published on this site
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]
Binance Labs Launches $500 Million Web3, Blockchain Fund
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their use cases using Web3 and other […]