Where the leading crypto funds put money and what they publish: new investments, funds raised and theses from a16z crypto, Paradigm, Multicoin, Dragonfly, Polychain and Electric Capital.
Stablecoin startup Velocity raised a $38 million Series A led by Dragonfly and FirstMark, with Coinbase and Ripple among its investors. Velocity links traditional payments and banking infrastructure to stablecoin networks, and says this shortens settlement times and removes prefunding, which shows Dragonfly backing stablecoin payments infrastructure.
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Every notable deal in web3 and blockchain, every day: funding rounds, acquisitions and mergers, strategic investments, new venture funds, token and treasury deals, and listings or exits — who, how much, at what valuation and who led.
Fires when a web3 startup raises $50M or more in a single equity or strategic round.
Startups at the meeting of AI and crypto: decentralized compute, onchain agents, verifiable inference and data markets — funding, launches and research.