Multicoin capital
Crypto, where the fallen seek a fresh start
Welcome back to Chain Reaction. Last week, we talked about privacy in crypto and how it’s sometimes at odds with regulation. This week, we’re covering a larger-than-life founder who is per
Crypto-focused Multicoin Capital launches $430M venture fund
Crypto-native venture capital firm Multicoin Capital announced a new fund, its third and largest to date at $430 million. “As evidenced by our first and second venture funds, some of the best opport
OP Crypto raising $100M for ‘Fund of Funds’ to back fund managers
The typical fund consists of deploying capital into certain sectors or industries, but venture capital firm OP Crypto is taking their own twist on the term. OP Crypto is raising $100 million for its n
The Winklevoss twins rock on
Welcome back to Chain Reaction. Last week, we talked about an arrest in the crypto world that had investors sweating. This week, we’re talking about rocking through the general malaise of a cryp
The arrest heard ’round the crypto world
Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone in the NFT space
At long last, web3 makes a push to fight Google Maps
Over a decade ago, a group of employees at Yahoo were struggling to compete with Google Maps as the younger firm aggressively outspent its rivals and scaled its offering with a grand vision and unmatc
Ex-Meta employees raise $200M from a16z, Tiger, Multicoin to realize Facebook’s crypto dreams
Facebook’s audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million. The deal
Coatue leads a $69,420,000 funding round
Many crypto detractors contend that the web3 space is buoyed by meme money, so Coatue leading a $69,420,000 Series B in a blockchain startup shouldn’t leave them too surprised. The investment &#
Burnt Finance raises $8M led by Animoca Brands, launches DeFi-oriented NFT marketplace
Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they’d minted for it for $400,000, double what it cost on the ‘normal’ open art market. B
VCs eye investment in Polygon
A number of investors including Sequoia Capital India and Steadview Capital are in talks to back Polygon, which operates a framework for building and connecting Ethereum-compatible blockchain networ
Solana, a blockchain platform followed by top crypto investors, says it’s far faster than Ethereum
Solana isn’t widely known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatol
Why TransUnion led blockchain fintech Spring Labs’ $30M Series B
Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. Now, TechCrunch has ex
Multicoin Capital debuts new $100M fund to bet on crypto startups and tokens
Crypto startups couldn’t be hotter as currencies push past all-time highs and investor appetite reaches mania for new projects. Crypto investment firms that have been investing in blockchain sta
Dfinity’s valuation soars to $9.5Bn after revealing its governance system and token economics
We’ve been tracking one of the few genuinely interesting stories to come out of the blockchain world, ever since Dfinity raised $102M from Andreessen Horowitz and Polychain Capital for a decentralis