Category: funding rounds

Ribbit Capital, Paradigm lead $15 million Series A for Indian crypto exchange CoinSwitch Kuber

Ribbit Capital, Paradigm lead $15 million Series A for Indian crypto exchange CoinSwitch Kuber

Indian crypto exchange CoinSwitch Kuber has raised $15 million in Series A funding led by Ribbit Capital and Paradigm. Announcing the news on Tuesday, CoinSwitch said this is the first crypto-related investment of Ribbit Capital in India and Paradigm’s first in the country in general. The Series A also saw participation from CoinSwitch’s existing investor […]

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Swiss crypto bank SEBA raises $22.5 million in Series B funding

Swiss crypto bank SEBA raises $22.5 million in Series B funding

Switzerland-based crypto bank SEBA has closed a Series B funding round. The round is worth 20 million Swiss francs (~$22.5 million), SEBA’s chief marketing officer, Sandra Frank Dudler, told The Block. The bank hasn’t disclosed any investors of the round, but Dudler said “all existing key shareholders and new shareholders” from Switzerland, Europe, and Asia […]

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DeFi protocol Balancer raises seven-figure sum via a token sale

DeFi protocol Balancer raises seven-figure sum via a token sale

Decentralized finance (DeFi) protocol Balancer Labs has raised a seven-figure sum via the sale of its native governance token BAL. The backers are Pantera Capital and Alameda Research. While Balancer did not disclose the investment amount, Alameda founder Sam Bankman-Fried told The Block that his firm invested a seven-figure sum, i.e., a minimum of $1 […]

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Crypto staking services provider Figment raises $2.5 million in Series A funding

Crypto staking services provider Figment raises $2.5 million in Series A funding

Figment, a crypto staking infrastructure provider, has secured $2.5 million in Series A funding. The round was led by Bonfire Ventures, with participation from FJ Labs, XDL Capital Group, Leminiscap, BKCM, and angel investor Stephan Patnernot. With fresh capital in hand, Figment plans to expand its team and scale its staking infrastructure. Figment currently employs […]

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