Tag: Fund

Binance Announces a $1B Fund for Startups Funded Entirely with BNB

Binance is the biggest cryptocurrency exchange in the world. Although it gets a lot of credit from Bitcoin and altcoin enthusiasts, the financial industry still remains on the fence about this firm. The launch of Binance’s new investment fund, on the other hand, will undoubtedly attract a lot of attention. Another Major Move by Binance It has become apparent that Binance is about so much more than just cryptocurrency trading. Although that will always …
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Kraken Contest Results are in: Invest in Bitcoins, But Don’t Disregard Ethereum

There are more than 100 cryptocurrencies out there, each one with their own use case, market capitalization, and user base. Virtually anyone with the right skill-set can create their own currency. The open nature of crypto and its FOSS philosophy makes it easy for people to adopt it or invest in it. The hard part of launching a cryptocurrency is gathering adoption from the public. The cryptocurrency space has always …
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Cryptocurrency Trading Firm Polychain Capital Secures $10 Million in VC Funding

One of the first Coinbase employees, Olaf Carlson-Wee, founder of a trading firm specializing in digital assets, has managed to secure $10m from investment firms A16z (Andreessen Horowitz), Boost VC, and Union Square Ventures, among others. Digital Assets, like Bitcoin, Ethereum, Ripple, and many other so-called “altcoins” are very volatile investments, but Olaf Carlson-Wee believes his recently created firm, Polychain Capital, has what it takes to sail through dark waters: I …
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A Chinese 20 Million Dollars Venture Fund is Ready to Finance Bitcoin Startups

The Bitcoin startup scene is about to receive up to $20 million from a venture fund. The money is coming from a Chinese family who owns a multi-billion-dollar company. The investors believe that the “use of bitcoin will continue to grow and proliferate in China”.   Huiyin Group, a Chinese-based investment firm, announced the creation of a Blockchain-centered subsidiary, Huiyin Blockchain Venture. The new company will partner up with “innovative …
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