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Blockchain Capital targets $700 million for new funds despite broader crypto market declines
Blockchain Capital is looking to raise $700 million for two new funds, despite declines in the overall cryptocurrency market. The firm is raising funds for its seventh early-stage vehicle and a second growth fund.
The venture capital firm aims to close the fundraising within five to six months, and is already deploying some of the new capital.
As more traditional financial institutions move from observation to implementation, blockchain is becoming part of the financial conversation at the highest levels.
Blockchain Capital pursues $700M across two funds targeting early-stage and growth crypto companies as average deal sizes climb despite market contraction.
Paris Blockchain Week has earned its reputation as the event where the real decisions get made. Not the announcements rehearsed for press releases, but the conversations between people who are actually building the infrastructure of the next financial system.
Today, the Blockchain Association and the Crypto Council for Innovation have joined to demand that the Senate Banking Committee move forward with crypto
Uniblock, a company focused on managing the technical layers of blockchain applications, has raised $5.2 million in new funding. This latest round brings the firm’s total capital to $7.5 million.
Stripe, Coastal Community Bank and the financial services platform ARQ are all building stablecoin infrastructure with Tempo. Visa, OnePay, Felix, Fifth Third Bank, and Howard Hughes Holdings are all also bringing payments operations onto Tempo, the blockchain project said in a note shared with Fortune.
The $293 million Kelp DAO exploit has exposed critical infrastructure risks, leading Jefferies to suggest that traditional financial firms may pause their blockchain initiatives to prioritize security.
Crypto AI Coins represent a powerful combination of two revolutionary technologies—blockchain and artificial intelligence. They are not just digital currencies but tools that can transform industries,
On April 23, Tether announced it had supported the freezing of $344 million in USDT stablecoin across two blockchain addresses. USDT is the world's largest stablecoin issued by Tether that stays pegged to $1.
The delivery service is working with the Stripe-led blockchain firm Tempo to bring stablecoin payouts to its global marketplace, replacing fragmented regional rails.