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, […]

Crypto custodian Komainu secures $75m in Bitcoin-funded round led by Blockstream

Nomura-backed crypto custodian firm Komainu has secured $75 million in funding led by from Blockstream to accelerate global expansion. Komainu, a regulated crypto custodian built as a joint venture between Nomura, CoinShares, and Ledger, has raised $75 million from Blockstream to expand its services across the globe. The funding, made in Bitcoin (BTC), will allow […]

Does Ethereum co-founder’s $75m Kraken deposit mark a top?

Ethereum co-founder Jeffrey Wilcke has transferred $75.2 million worth of Ether to Kraken, raising speculation about a potential market correction. On-chain data showed that Wilcke sent 20,000 Ether (ETH) to the California-located centralized crypto exchange Kraken. The motivation for Wilcke’s move was unknown, but an exchange deposit usually signals a plan to sell.  Community members […]