#Blockchain Capital

Miami blockchain fintech Securitize joins global Endeavor network

Endeavor, the global organization that supports High-Impact Entrepreneurs, has selected Securitize founders Carlos Domingo and Jamie Finn to join its network. Securitize, a blockchain fintech, joins Endeavor Miami’s growing portfolio of 31 scaling Florida-based companies and 50 entrepreneurs. “We are excited to support Securitize as they continue to pave the...
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Solana: The Road to Decentralization

Bitcoin developed as a solution to network and financial centralization and shifted the power momentum back to the user. Blockchain has evolved into more than a decentralized payment method, rendering functional integrations across several industries. Private, permissioned, and ultimately centralized chains have developed to offer enclosed blockchain solutions for enterprise clients. However, Solana’s “Ethereum killer” presumption placed a stoplight on the network.
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Exodus’ EXIT Takes A Nosedive As Security Tokens Note Mixed Momentum

The past week has proven interesting yet somewhat volatile for most security tokens. For example, the initial excitement surrounding Exodus’ EXIT/EXOD token has seemingly quieted down. Moreover, the sentiment toward AspenCoin and Realio improved dramatically, creating an intriguing weekly recap. Security Tokens Are Equally Volatile. When discussing financial markets, most...
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High Profile: Power Broker Brock Pierce

Get our Hamptons Insider newsletters delivered direct to you. Some know Brock Pierce as a childhood actor. Others recognize him as a business tycoon with roots in cryptocurrency and venture capitalism. Philanthropists know Brock Pierce as a giver, one who seeks to make the world a more just and equitable place for all.
Caroline James

Wealth Management Startup Abra Raises $55M in Series C Funding

Abra, a wealth management startup based in California, has raised $55 million via a Series C funding round to change how people think about money. Led by IGNIA and Blockchain Capital, the funding round also counted with participation from new investors like Tiga Investments, Kingsway Capital, and Stellar Development Foundation. Existing investors also participated, including Lerer Hippeau Ventures, Amex Ventures, Arbor Ventures, RRE Ventures, and CMT Digital Ventures. Bart Stephens, Managing Partner at Blockchain Capital, commented on Abra’s potential:

OpenSea unveils NFT app in insider trading controversy

OpenSea, the largest NFT marketplace, will release apps for users on Google Play and the Apple App Store this week. App deployment takes place after a very busy month for the platform. Two million transactions occurred on the OpenSea website in August, bringing the total volume and triple activity since July to $ 3.4 billion. So far, trading volume on September 1 has dropped significantly from its peak in late August, according to Dune Analytics. Still, the app can be built on the momentum of the company, giving users an easy way to view their non-fungible token holdings, sales and transaction history on mobile. The app will appear in the app store on Friday.

Stardust raises $5M to provide secure U.S. dollar payments for NFTs in games

Stardust has raised $5 million in funding for its platform to enable players to buy nonfungible tokens (NFTs) in games using U.S. dollars. The funding will help the company add more games ahead of its November 1 launch. It is one more company that is providing the infrastructure for NFT transactions. NFTs are enabled by the secure and transparent ledger of the blockchain to identify one-of-a-kind digital items.
NBC Connecticut

OpenSea, Amid Insider Trading Controversy, Rolls Out NFT Marketplace App

Riding the wave of interest in non-fungible tokens — unique, collectible digital assets built on the blockchain — the largest NFT marketplace, OpenSea, is launching an app for users in the Google Play and Apple App Store on Thursday. OpenSea's website saw two million transactions, totaling $3.4 billion in trading...

Amex Ventures invests in crypto firm Abra

Today Abra announced a $55 million Series C funding round led by IGNIA and Blockchain Capital. Amex Ventures, Lerer Hippeau Ventures and the Stellar Development Foundation also participated. Amex Ventures is an existing investor who notably describes Abra as a peer-to-peer digital cash network on its website and it’s Amex’s...

Crypto Platform Abra Raises $55M in Series C

Crypto trading platform Abra has closed a $55 million Series C funding round led by IGNIA and Blockchain Capital, bringing the total funds raised by the firm to $85 million, Abra said in a press release on 15 September. According to the announcement, the Series C not only saw participation...

DeFi Protocol For Polkadot (DOT) Rised $21 Million As Part Of The Series A

Parallel Finance, Polkadot-based decentralized finance (DeFi) protocol that offers lending and stacking services, has raised $ 21 million in a Series A funding round. Polychain Capital led the round, which was also attended by Lightspeed Venture Partners, Slow Ventures, Alameda Research, Blockchain Capital, CMT Digital, Block change Ventures, and others. According to the founder of Parallel Finance, Yubo Ruan, this was an equity round, and the project is aiming for a valuation of $150 million. In June, $2 million was raised for the project, bringing the total amount of funding to date to $23 million.

Abra raises $55m for crypto wealth management platform

Cryptocurrency wealth management platform Abra has raised $55 million in a Series C funding round led by Ignia and Blockchain Capital. Kingsway Capital, Tiga Investments, the Stellar Development Foundation, Lerer Hippeau Ventures, Amex Ventures, Arbor Ventures, RRE Ventures, CMT Digital Ventures, and Kenetic Advisors joined the round. Founded in 2014...