In addition to portfolio management, Jellyverse will feature JellySwap, a decentralized exchange that will serve as home to its native crypto JLY.
Boosted by the news of the fundraising, the platform’s native token POKT experienced a notable increase over the past 24 hours.
The investment round was accompanied by the launch of Wormhole Labs, an independent technology company “emerging from stealth to become a core contributor to Wormhole.”
Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space.
Ark Invest seems to be rearranging its investment portfolio and has continued to sell huge amounts of Coinbase, while acquiring Robinhood shares.
A number of reputable investors participated in the Series E funding round, among them there were Lakestar, Lightspeed Venture Partners, Coinbase Ventures, and Baillie Gifford.
With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash.
Foresight Ventures sees the acquisition as an opportunity to establish a significant foothold in the US and contribute to The Block’s growth amidst challenges in the crypto media industry.
The launch of the IBM Enterprise AI Venture Fund builds upon the growing momentum and widespread adoption of the company’s AI platform called watsonx.
The data used to train Aleph Alpha’s models is stored in Europe and includes a large repository of multilingual public documents published by the European Parliament.
Andreessen Horowitz, to date, is arguably one of the most prolific investors in the blockchain space.
NEOM is set to pump $50 million into Animoca Brands as Animoca supports the region’s Web 3.0 and tech goals as part of Saud’s 2030 vision.
According to the startup, it will use the newly raised funds to improve its DPU hardware and software solutions.
Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI.
Tesla continues to hold on to its BTC holding having last sold about 75% of it in the second quarter of 2022.