Crypto VC funding: Phantom raises $150m, Komainu bags $75m

The crypto VC funding sector touted a $150 million Series C round this past week, bringing total weekly investments to over $700 million. Payment solutions, wallet infrastructure, and financial services drew the most capital, according to Crypto Fundraising data. Let’s dive deeper into the key crypto VC funding efforts and which firms were involved. Helio, […]

Open Campus launches EDU Chain mainnet, unlocking $150m TVL

Open Campus, the decentralized autonomous organization building an on-chain education network, has launched the EDU Chain mainnet on Arbitrum Orbit. Designed for education-focused decentralized applications and EduFi, the EDU Chain on Arbitrum (ARB) Orbit has quickly become the leading Layer 3 blockchain, surpassing $150 million in total value locked, according to L2beat.  The blockchain’s TVL […]

Crypto wallet Phantom bags $150m in $3 billion valuation to take on traditional finance

With $150 million in new funding, Solana-focused wallet Phantom aims to take on traditional finance as the next-gen consumer finance platform. Phantom, the crypto wallet launched in 2021, has raised $150 million in its Series C funding round, co-led by Sequoia Capital and Paradigm, with participation from existing backers including a16z crypto and Variant. The […]