Uniswap Foundation requests $62.37M to fund ecosytem growth
Uniswap Foundation is requesting for $62.37 million to support growth of the Uniswap ecosytem. An on-chain vote on the foundation’s proposal will be taken on Wednesday, October 4, 2023. The…
Japan’s banking giant Nomura launches Bitcoin adoption fund
Japan’s financial giant Nomura launches Bitcoin adoption fund The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura. Laser Digital’s new fund offers…
Bitget starts a new $100M fund targeting Asian Web3 startups
Crypto projects are seeking non-US jurisdictions There has been a surge in crypto-targeted crackdowns by authorities in the US. On the contrary, East Asian countries have been making strides to…
Singapore’s Blockchain Founders Fund announces final close of its $75M fund
Blockchain Founders Fund’s BFF Fund II is a $75 million fund for Web3 startups. Backers of the fund include Polygon, Ripple and NEO Global Capital (NGC). BFF launched its BFF…
Crypto hedge fund Galois shuts down following exposure to FTX
Galois has halted all trading after losing $40 million to FTX. The hedge fund has become the latest entity to be negatively affected by FTX’s collapse. The company said it…
TRON DAO establishes $100 million AI development fund
TRON DAO is looking to support blockchain technology projects blending AI. The $100 million fund will focus on four key areas, including infused oracles and AI-generated content. TRON’s Justin Sun…
MakerDAO launches $5 million legal defense fund
MakerDAO will set up the Defense Fund with an initial 5 million DAI. The fund acts as a self-insurance tool and will only cover legal defense expenses of specific MakerDAO…
Koinos announces $500K seed round led by Blockchain Founders Fund
Koinos is a free-to-use blockchain developed by a group that also helped create the Steem blockchain. The Koinos Group said the Blockchain Founders Fund led the seed round, with blockchain…
Deal Box launches $125 milllion venture fund to invest in Web3
Deal Box’s venture arm will invest in blockchain and Web3 startups. Dubbed Deal Box Ventures, the investment unit will target projects in fintech, emerging growth, real estate, funtech and social…
Grayscale Bitcoin Fund up 25% this year, but discount still killing investors
Key Takeaways GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin The discount is now back to where…