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Blockdaemon Raises $155 Million In Series B Funding Making it the World’s Largest Blockchain Node Infrastructure Company

– Blockdaemon closed a Series B funding round of USD $155m with a valuation of $1.255b, making it the world’s largest blockchain infrastructure company for node management and staking.
– The round was led by SoftBank Vision Fund 2, with participation from Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital.
– This follows the company’s Series A Round in June 2021 of $28m, as well as previous strategic investments, bringing the total to just under $190m.
– Over the last 90 days, Blockdaemon has significantly accelerated its growth and increased its managed node count from 8,000 to 18,000, more than doubling its operational footprint.

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Bitcoin Blockchain Cryptocurrency Ethereum Financial Exchanges Financial Services FinTech North America

Portal Raises $8.5M From Coinbase Ventures and Other Investors to Bring Bitcoin-based DeFi to the Masses

– Portal is a self-hosted Layer 2 wallet and true cross-chain DEX on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private.
– Company announced the closing of an $8.5 million funding round to build a self-sovereign and uncensorable DeFi on Bitcoin.
– Portal offers the speed and liquidity of centralized platforms with the trust minimization guarantees of Bitcoin. From spot markets to options, p2p lending and borrowing, all using on-chain, peer to peer contracts and without third party custody or control, Portal unlocks Bitcoin’s potential to actually decentralize finance.
– Portal is built on top of its Layer 2 and Layer 3 technology, called Fabric, which is an open-source toolbox for deploying censorship-resistant layers on top of the Bitcoin base layer. Fabric enables the completely private, off-chain execution of “smart contracts” for asset issuance, P2P swaps, staking, liquidity, derivatives, and more.

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Bitcoin Blockchain Compliance Financial Services FinTech Western Europe

Coinfirm Raises $8M in Series A Funding

– Coinfirm is a London, UK-based global leader in RegTech for digital currencies and the blockchain-based financial ecosystem.
– The company closed an USD8m Series A funding.
– The round was co-led by Six Fintech Ventures, the corporate venture arm of SIX, and FiveT Fintech, followed by MiddleGame Ventures. Mission Gate and CoinShares also participated in this round.
– The new investment will be aimed at continuing the company’s growth trajectory in the EU, expanding its offering to the Asian and US markets, and strengthening the enterprise and financial institution offering.

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Bitcoin Cryptocurrency Financial Services North America

Domination Finance Raises $3.2 Million in Seed Round to Scale Dominance Derivatives DEX

– Domination Finance, a non-custodial, decentralized exchange for dominance pairs, announced the successful completion of a $3.2m seed round involving top investors in the blockchain and cryptocurrency space.
– The venture’s now operational platform allows users to trade Bitcoin Dominance (BTCDOM), Ethereum Dominance (ETHDOM), and Tether Dominance (USDTDOM) in a way that was not previously available, aiming to provide global users with sufficient liquidity, low latency, and high price accuracy.
– Led by ParaFi Capital, an alternative investment firm focused on blockchain and decentralized finance markets, the funding round included such investors as Dragonfly Capital, AU21, Shima Capital, LD Capital, Huobi Ventures, OKEx BlockdreamVentures, KNS Group, GSR, CoinGecko and an impressive list of angel investors.

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Bitcoin Financial Services North America Peer to Peer Transaction Processing

Abra Announces $55 Million in Series C Funding

– Abra has raised $55m in Series C funding. The round was led by IGNIA and Blockchain Capital, with new investors including Kingsway Capital, Tiga Investments and the Stellar Development Foundation.
– The round brings Abra’s total funding to date to over $85m since inception.
– This new round will enable the company to further expand its world-class product team into new offerings for wealth management, trading, and payments; scale its marketing team; and develop the company’s fast-growing high net worth and institutional sales offerings.
– Abra has experienced tremendous growth over the past year. The company’s revenues have increased more than ten-fold, while custody services, Abra Trade and Abra Earn, went from zero to $1bn in AUM, with zero defaults.

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AnChain.AI Raises $10M in Funding

– AnChain.AI is a San Francisco CA-based blockchain security company.
– Company raised $10M in funding.
– The round was led by SIG Asia Investments with participation from Fin VC, Nima Capital, Hard Yaka and Amino Capital.
– The new investment will be aimed at accelerating product development and recruitment across research and development, engineering, customer success and sales.

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Bitcoin Cryptocurrency Eastern Asia Financial Services FinTech Information Technology SaaS Software

Blockchain startup XREX gets $17M to make cross-border trade faster

– Blockchain startup XREX raised $17m in pre-Series A funding.
– The round was led by CDIB Capital Group and joined by SBI Investment, Global Founders Capital, ThreeD Capital, E.Sun Venture Capital, Systex Corporation, MetaPlanet Holdings, AppWorks, BlackMarble, New Economy Ventures and Seraph Group.
– The company plans to apply for financial licenses in Singapore, Hong Kong and South Africa, and partner with banks and financial institutions, like payment gateways.

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Bitcoin Blockchain Cryptocurrency Cyber Security Financial Services FinTech Identity Management Information Technology Internet Software Southeast Asia

Cybavo Raises $4M in Pre-A Funding

– Cybavo, a Singapore-based blockchain security solution provider, raised $4m in Pre-A funding round.
– The round was co-led by 500 Startups, H&D Asset Management Company and New Economy Ventures.
– Other companies and investors from Taiwan, Silicon Valley, Singapore, Hong Kong and Japan also participated in the round.
– The company intends to use the funding to accelerate expansion in the East Asian, European, and North American markets, invest in the research and development of cybersecurity and blockchain technology, and to further raise the level of customer and product satisfaction it delivers.

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Messari Raises $21M in Series A Funding

– Messari is a NYC-based crypto market intelligence company.
– The company closed a $21m Series A funding.
Point72 Ventures led the round with participation from Coinbase Ventures, Uncork Capital, and Underscore VC as well as new strategic investors Alameda Capital, Blockchain Ventures, CMS Holdings, Gemini Frontier Fund, Winklevoss Capital, Kraken Ventures, and Nascent.
– The company intends to use the funds to expand the global reach of its Pro and Enterprise product suites, triple the size of its engineering and research teams, introduce new offerings that streamline participation in decentralized projects and their communities and to grow its institutional footprint and its community research and educational content, including the production of Mainnet 2021, Messari’s annual summit, which the company will host September 20-22 in New York City.

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Bitcoin Blockchain Information Technology North America

Genesis Digital Assets Raises $125M in Funding

– Genesis Digital Assets is a NYC-based industrial-scale bitcoin mining operator.
– The company raised $125m in equity funding.
– The round was led by Kingsway Capital, a UK-based private equity fund focused on frontier emerging markets with over $2 billion in assets under management (AUM).
– The company intends to use the funds to purchase equipment and build new data centers in the United States and nordic region.

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After landing NBA jersey sponsorship deal, crypto startup StormX raises $9M

– StormX, a cryptocurrency startup, raised $9m funding.
– The round was led by Optimista Capital.
– Total funding to date for the 23-person company is $47.7 million.

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Bitcoin Cryptocurrency FinTech Latin America

Mercado Bitcoin, Latin America’s Largest Digital Assets Platform, raises $200 Million USD from SoftBank

– Mercado Bitcoin has raised $200m USD from the SoftBank Latin America Fund.
– The fundraise represents the largest Series B round in Latin America’s history and SoftBank’s largest investment in a Latin America crypto company.
– The investment values 2TM Group (the parent company of Mercado Bitcoin) at $2.1b USD, making it the eighth most valuable unicorn in Latin America.
– Mercado Bitcoin will use the funds to increase its scale, expand its offerings and invest in infrastructure to meet the soaring demand for crypto in the region.
– The company has seen significant growth over the past year, with its client base reaching 2.8m in 2021 –more than 70% of the entire individual investors base on Brazil’s stock exchange.

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Bitcoin Financial Services FinTech Western Europe

Relai Raises CHF 2.5M in Series A Funding

– Relai is a Zurich, Switzerland-based bitcoin app.
– The company raised CHF 2.5m in Series A funding round.
– The round was led by Redalpine, Polytech Ventures, Fulgur Ventures and ACE & Company.
– The funds will be used to build a proprietary broker for efficient order processing and provide new offerings for investors looking to buy large amounts of bitcoin.

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Bitcoin Blockchain Cryptocurrency Cyber Security SaaS Western Europe

Ledger completes a $380 million Series C fundraising valuing the company at more than $1.5 billion, to strengthen its position as the leading secure gateway to digital assets

– Ledger announced a $380m Series C round.
– The round was led by 10T Holdings with strong support from existing investors including Cathay Innovation, Draper Esprit, Draper Associates, Draper Dragon, DCG, Korelya Capital, and Wicklow Capital and other newcomers including Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies.
– Ledger has an implied valuation of more than $1.5bn, marking its rapid and accelerating growth.
– Ledger is the market leading secure gateway for investors looking to access the world of digital assets securely.

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Blockdaemon Raises $28 Million In Series A Funding To Help Institutions Quickly and Securely Scale Blockchain Infrastructure

– Blockdaemon closed a $28m Series A funding round.
– The round was led by Greenspring Associates with participation from Goldman Sachs, BlockFi, Warburg Serres, Uphold, Voyager Digital Ltd., Illuminate Financial, and Hard Yaka.
– Existing seed round investors Boldstart Ventures, Coinfund, Kenetic, CoinShares, Borderless Capital, Blockchain.com Ventures, Lerer Hippeau and Heavybit increased their investments.
– Blockdaemon is the foundational layer to the blockchain industry, enabling participants to stake and deploy nodes with institutional-grade security, scalability and reliability.
– Blockdaemon offers access to new financial infrastructure for a variety of market participants, from large financial institutions, exchanges and custodians to small, agile crypto native firms and developers.

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Bitcoin Blockchain Cryptocurrency Financial Services FinTech North America

Unchained Capital Raises $25M in Series A Funding

– Unchained Capital, Inc. from Austin TX is building a full-suite financial services platform for individuals and businesses that store long-term wealth in bitcoin and demand private key ownership.
– The company raised $25M in Series A funding.
– The round was led by NYDIG and parent company Stone Ridge Holdings Group with participation from existing investors Ecliptic Capital, Starting Line, Stronghold Resource Partners, TVP Bitcoin Venture Fund, Ten31, and Platform Ventures.

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Fold Raises $13 Million To Bring Bitcoin Rewards to Mass Market

– Fold, the top bitcoin rewards app, announces a $13m series A round to fuel its growth.
– Since its launch in 2019, Fold accrued a waitlist of over 250,000 waiting for access to their bitcoin cashback debit card.
– The round was led by Craft Ventures with participation from M13, Slow Ventures and Bessemer Venture Partners.
– In addition, Fold is excited to open access to its bitcoin cashback debit card to all U.S. residents.
– Instead of offering points or airline miles typically found in most card programs, Fold provides bitcoin rewards through a gamified experience that emphasizes healthy financial habits.
– Fold Cardholders can earn variable rewards by spinning a rewards wheel after each qualifying purchase, like earning 100% of their purchase back in bitcoin, or even winning a whole bitcoin, which ten users have done to date.

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Apps Bitcoin Consumer Cryptocurrency E-Commerce North America

Lolli Raises $5M in Pre-Series Funding

– Lolli is a NYC-based bitcoin rewards company.
– In March 2021 the company raised $5m in Pre-Series funding.
– The round was led by Seven Seven Six, Night Media, Serena Ventures, Casey Neistat, Phil Defranco, Cody Ko, Noel Miller, Ian Borthwick, and Gabriel Leydon.
– The funding follows a previous $3m seed round led by PathFinder, Founders Fund’s early-stage investment vehicle, and included Ashton Kutcher and Guy Oseary’s Sound Ventures, Michelle Phan, Digital Currency Group, and Bain Capital.

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Analytics Bitcoin Cryptocurrency Financial Exchanges FinTech North America Software

Chainalysis Scores $100M in Series D

– Chainalysis, the blockchain analysis company, has secured a $100m Series D financing led by Paradigm.
– Previous investors Addition and Ribbit increased their investment in the company; and TIME Ventures, the investment fund for Marc Benioff, also participated.
– Chainalysis’s proprietary cryptocurrency data powers its industry-leading investigations and compliance software, which enables government agencies and private sector businesses across the world to detect and prevent cryptocurrency crime and money laundering.

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Lukka Raises Additional $53 Million Series D

– Lukka, the leading enterprise crypto asset software and data provider, announced it has completed its $53m Series D round of financing.
– Participants in the round include Soros Fund Management, S&P Global, and CPA.com (a subsidiary of the American Institute of Certified Public Accountants).
– This fundraise follows Lukka’s recent Series C round, which was led by State Street just three months prior.
– This investment will accelerate Lukka’s operations as the leading institutional-grade middle and back office crypto asset software and data provider at a time when the rapid adoption of crypto assets by the traditional financial services industry requires more mature software and data solutions to support business operations.

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Bitcoin Blockchain Cryptocurrency Europe FinTech Trading Platform

Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation

– Blockchain.com, a cryptocurrency company, raised $300m funding.
– The round was led by DST Global, Lightspeed Venture Partners and VY Capital.
– Existing investors also participated.
– Following today’s funding round, the company has reached a post-money valuation of $5.2 billion.

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Bitcoin Blockchain Cryptocurrency Europe Financial Services FinTech

Neobroker Bitpanda raises $170M at a $1.2B valuation to take its trading platform beyond crypto

– Bitpanda, a “neobroker” that wants to make it easier for ordinary people to invest not just in bitcoin and other digital assets, but also gold, and any established stock that takes their interest, has picked up $170m funding.
– Bitpanda is based in Vienna, Austria and says that this equity round makes it the country’s first “unicorn” — the first startup to pass the $1 billion valuation mark.
– The round is being led by Valar Ventures — the fund backed by Peter Thiel — with participation also from DST Global (Yuri Milner’s fund).
– Bitpanda says that this equity round makes it the country’s first “unicorn” — the first startup to pass the $1 billion valuation mark.

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Bitcoin Blockchain Cryptocurrency Financial Exchanges Financial Services FinTech North America

River Financial (river.com) raises $12M Series A to continue explosive growth of its Bitcoin financial services for traditional investors

– River Financial closed a $12m Series A equity financing round to continue growing its financial service offerings for traditional investors.
– The investment round was led by Goldcrest Capital with participation from Craft Ventures, Polychain Capital, M13, Castle Island, Slow Ventures, and The Kraft Group.
– River Financial previously announced a $5.7m seed round in June 2020.
– River’s client base has grown by almost 600% and order volumes have increased by 3,500%.
– River’s recent iOS app has accelerated the company’s growth, already accounting for over 30% of all River’s order volume within five weeks of launch.
– River Financial continues to experience exponential growth in new customers and order volume month-over-month as global interest in Bitcoin continues to grow rapidly.

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Bitcoin Commercial Lending Consumer Lending Cryptocurrency Ethereum Finance Financial Services FinTech Lending North America

BlockFi Completes $350 Million Series D

– BlockFi completed its series D fundraising round, which was led by new investors including Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global.
– The $350m round follows three prior rounds totaling $100m within the last two years.
– The company’s series D round values the company at $3b and will enable further innovation in the product suite, accelerate expansion into new markets, and provide capital for select acquisition opportunities.
– BlockFi has added multiple senior executives and announced a number of retail and institutional investor-focused products and initiatives, including: a Bitcoin Rewards Credit Card; the BlockFi Bitcoin Trust; an OTC trading desk; and Private Client Services in Asia.

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Apps Bitcoin Europe FinTech Mobile Payments

Bottlepay Raises $15M in Seed Funding

– Bottlepay, a UK-based global payments app, raised £11m ($15m) in seed funding.
– The company intends to use the funds to expand the team, develop the platform’s functionality and geographical reach.
– Backers included British fund manager Alan Howard, venture capital firm FinTech Collective and tech entrepreneur Phil Doye.

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Bitcoin Blockchain Cryptocurrency Financial Services FinTech North America Trading Platform

Mogo Announces Strategic Investment in Coinsquare, Canada’s Leading Digital Asset Trading Platform

Mogo announced its investment in Coinsquare.
– The investment is part of a strategic partnership with Coinsquare, Canada’s leading digital asset trading platform.
Mogo will acquire 19.99% ownership of Coinsquare for total consideration of approximately $56.4 million.
Mogo will also have the right to acquire an additional 20% ownership interest in Coinsquare through purchases of shares from current shareholders and the exercise of warrants under certain conditions.
– The strategic investment builds on a multi-year relationship between the two companies.
– Coinsquare acts as the trading platform for MogoCrypto, a service Mogo launched in 2018 to allow its members an easy and convenient way to buy and sell bitcoin.

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