
April 18th, 2025
Considering its latest move of filing an LDA, Digital Currency Group could be doing more lobbying in the coming times.
The funds Luno Expedition will deploy to the startups it will be backing will range from $50,000 to $250,000 which will sum up to about $15 million to $75 million when the number of projected startups it hopes to back is factored in.
CapitalG founder and top executive David Lawee said backing DCG was a way of backing a “potential winner in crypto financial services.”
Having been in the crypto industry long enough to understand the perspective of the market, Digital Currency Group’s key attention to crypto exchanges is an indicator that the industry is growing immensely.
Development studio Horizon Blockchain Games has raised $5 million in new funding as it continues to work on its ‘SkyWeaver’ digital trading card game.
SoFi founder Mike Cagney’s Figure Technologies is reportedly aiming to raise an additional sum of $100 million through a Series C funding.
Silbert believes in investors’ committement to the digital currency market, as an increasing number of investors are attempting to enter the game despite ongoing bear cycle.