SoftBank invests $1.5B in OpenAI as iDEGEN invigorates crypto AI
OpenAI, a leader in artificial intelligence (AI) development, has received a significant $1.5 billion investment from SoftBank, sparking renewed interest in AI-driven cryptocurrencies. Meanwhile, a new player is emerging in…
Tether invests $1.5 million in Sorted Wallet
Tether announced its $1.5 million strategic investment in Sorted Wallet on Sept. 19. Sorted Wallet will tap into this investment to expand its services across Africa and Southeast Asia. Tether…
Tether invests $3 million in Kem to bolster USDT adoption
Tether announces $3 million strategic investment in Kem app to boost adoption of its stablecoin USDT. Kem’s partnership helps Tether’s commitment to financial inclusion across the globe, Tether CEO Paolo…
Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security
George Town, Grand Cayman, June 11th, 2024, Chainwire Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security. Zircuit…
Pantera Capital invests in TON, eyes support for crypto adoption via Telegram
Pantera Capital has announced it invested an undisclosed amount in TON. The venture capital firm says TON’s integration with messaging platform Telegram could be a game-changer in crypto adoption. Venture…
Blackrock invests in meme tokens through BUIDL; GFOX presale nearly sold out
The world of meme coins, once a playground for internet jokes and viral trends, is transforming. While some may scoff at the idea of these lighthearted tokens, major institutions are…
Square Enix invests in Web3 and NFT gaming platform HyperPlay
Square Enix has made a strategic investment in Web3-native game platform HyperPlay. HyperPlay will use the funding to scale its game store. Square Enix, the gaming giant behind such titles…
Binance Labs invests in EigenLayer restaking protocol Renzo
Binance Labs, the venture capital arm of Binance, has invested in Renzo. Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for Ethereum restaking protocol EigenLayer. Binance’s venture capital…
a16z invests $100 million in Ethereum protocol EigenLayer
a16z has invested $100 million in Ethereum restaking protocol EigenLayer. The startup founded by former University of Washington associate professor Sreeram Kannan raised $50 million in March. EigenLayer has a…
Binance Labs invests in Ethereum liquid restaking protocol Puffer
Binance Labs has invested an undisclosed amount in Ethereum restaking protocol Puffer. Puffer Finance will use these funds to develop its Layer 2 network and to bring ETH staking and…