vc Archives - Page 18 of 22

VC Firm Ben Franklin Technology Partners Tokenizes Philadelphia Investment Fund

April 11, 2019cashtechnews

Pennsylvania-based Ben Franklin Technology Partners will tokenize shares of its Philadelphia investment fund. State-backed venture capital (VC) firm Ben Franklin Technology Partners has rolled out a blockchain-based onboarding and tokenization platform. The development was revealed in a blog post on Thursday, April 11. Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of […]

Crypto Hedge Fund Polychain Capital Saw Assets Under Management Drop 40% In Q4 2018

April 11, 2019cashtechnews

Cryptocurrency hedge fund Polychain Capital saw its assets under management shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall […]

Ripple Xpring, Bain Capital Invest in Early-Stage Blockchain VC Firm Robot Ventures

April 10, 2019cashtechnews

Ripple Xpring and Bain Capital have invested in Robot Ventures, an early-stage blockchain venture capital firm. Ripple’s developer ecosystem project Xpring and Bain Capital Ventures have invested in early-stage blockchain venture capital (VC) firm Robot Ventures, head of the fund Robert Leshner wrote in a blog post on April 10. Leshner, who also founded Ethereum-based […]

New President of Crypto Valley Association: “We Need to Bring the Capital Back Into the Valley”

April 10, 2019cashtechnews

How Crypto Valley Association is cleaning up its reputation and will promote blockchain technology. It was rumbling in the beginning of February in Swiss Zug. The Crypto Valley Association (CVA) was undergoing a major reorganization. On Thursday, Jan. 31, the General Assembly of the Association elected former Swisscom manager Daniel Haudenschild as president of the […]

German Blockchain Company Builder NBT Secures $13.5 Million in New Funding Round

April 9, 2019cashtechnews

Next Big Thing AG, a Berlin-based IoT and blockchain company builder, has completed an investment round led by HDI Global SE. Next Big Thing AG (NBT), a German Internet-of-Things (IoT) and blockchain company builder, has secured 12 million euros ($13.5 million) in a new funding round, according to a press release on April 8. NBT […]

NYT Reporter: Facebook Seeking $1 Bln in Venture Capital for Crypto Project

April 8, 2019cashtechnews

Facebook is reportedly seeking venture capital to support its purported native token project. Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8. Citing sources familiar with the matter, Popper states that Facebook is seeking a […]

Lucid Sight Raises $6 Million to Bring Its DLT-Powered Games to Traditional Platforms

April 4, 2019cashtechnews

DLT-powered games developer Lucid Sight will use a total of $11 million in funding to launch Scarcity Engine later this year. Blockchain games developer Lucid Sight has raised $6 million to expand its digital scarcity-powered games to traditional game platforms, tech news website VentureBeat reports April 2. Los Angeles-based Lucid Sight now has $11 million […]

Princeton Expertise-Backed Startup Raises $3.7 Mln to Develop Smart Contract Scalability

April 3, 2019cashtechnews

Offchain Labs has raised $3.7 to disrupt major problems in blockchain such as privacy and scalability. Offchain Labs, a blockchain startup co-founded by a professor at Princeton University, has raised $3.7 million in a seed round led by crypto hedge fund Pantera Capital, TechCrunch reports on April 3. The new funding round was also supported […]

PayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent First

April 2, 2019cashtechnews

In an apparent first, PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology to give users more control over their digital identities. In an apparent first, global online payments firm PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology […]

Community-Led Pan-African Blockchain Standards Org Publishes Draft ICO Guidelines

March 26, 2019cashtechnews

ADAF is a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent. The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25. ADAF is […]

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