Pixelmon appears to be well on its path to recovery given the support it has received from other credible Web3.0 projects that participated in the latest seed round.
Uncorrelated Ventures will dedicate 80% of the fund to early-stage startups in traditional infrastructure software.
Portal aims to use the fresh funding to debut its products on the mainnet and foster the expansion of its ecosystem. The Bitcoin-based DEX distinguishes itself by not holding user funds in any capacity, whether through single or multiple signatures.
With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years.
As in previous fundraising rounds, Sygnum employees took part in the round as personal investors.
The fund will focus on growth-stage startups in three main areas like infrastructure, blockchain and financial services and smaller categories such as Web3 gaming, NFTs, and the Metaverse.
Plural aims to be a more effective partner for European startups than traditional venture capital funds.
The fact that Root Protocol secured a substantial amount at the seed stage signals a potential shift in sentiment within the industry.
While many ESG funds that focused on traditional clean-tech assets faced challenges in 2023 due to higher interest rates, funds that chose to invest in technology sectors, like cryptocurrency, performed well.
Tune.FM believes that the majority of streaming platforms currently available are not shaped in a way that appreciates artists enough.
The dynamic ARK Invest’s ETF rebalancing approach, coupled with strategic investments in major tech stocks and ongoing engagement with regulatory authorities, reflects the firm’s adaptability and forward-thinking strategy.
This latest sale also follows the pattern of ARK Invest of closely monitoring not only the price of the assets it holds but their value compared to other assets.
Ark Invest purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO) and 4,320,928 units of the US Bitcoin futures-linked ETF.
Over the past few weeks, the Web3 industry has witnessed a surge in funds from major capital firms, indicating a strong belief in the growth of this emerging economy.
Amidst the sell-off, Ark Invest has strategically acquired 158,334 shares ($12.1 million) in Jack Dorsey’s Block Inc for its Next Generation Internet ETF.