Crypto Venture Capital

Crypto billionaire Michael Novogratz's Galaxy Digital (OTC:BRPHF) is deepening its commitment to the cryptocurrency industry with a $113 million venture fund. What Happened: The fund, Galaxy Ventures Fund I LP, will focus on early-stage startups building the software, infrastructure, and financial...

Crypto venture capital funding in the first quarter saw the financial sector rake in the most investments. What Happened: Tom Dunleavy, Managing Partner at MV Capital, quoted figures from blockchain analytics firm Messari, revealing that deal volume decreased by 8.8% month-over-month (MoM) to $1....

Digital asset investment manager Pantera Capital is reportedly preparing to launch a new investment fund, aiming to raise over $1 billion. What Happened: This new fund, known as Pantera Fund V, is scheduled for launch in April 2025 and seeks to provide investors with exposure to a diverse range of...

Blockchain platform Berachain has successfully raised $100 million in funding, marking a 45% increase from previous reports. What Happened: The Series B funding round was co-led by Brevan Howard Digital's Abu Dhabi branch and Framework Ventures. Other notable participants included Polychain Capital...

The crypto venture capital landscape is showing signs of a significant shift, with a clear focus emerging on specific sectors attracting the most funding. Benzinga talked to crypto venture capitalists and uncovered a newfound focus highlighting the industry’s changed priorities. Crypto VC...

Cryptocurrency-related venture capital inflows remained tepid in the final quarter of 2023, leaving many wondering: "Has the thaw even begun?" What Happened: Deal count plummeted to a new low of 359, a significant drop from the third quarter's (Q3) 430. It's also a far cry from...

Constance Wang is moving on from the now-defunct FTX (CRYPTO: FTT), the digital asset exchange that went bankrupt in November. What Happened: Bloomberg reported that Wang, a former associate of disgraced FTX founder Sam Bankman-Fried, will be head of gaming at the crypto venture capital firm Sino...

Polychain Capital, a leading venture capital firm in the cryptocurrency sector, has reportedly secured approximately $200 million in the initial funding round for its fourth fund, despite recent changes in its research team and a shift in investment focus. The firm aims to raise a total of around...