Tag: Three Arrows Capital

Near Foundation Raises $150 Million to Bolster Web3 Adoption

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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Three Arrow Capital CEO Shuts Down the $400 million Hack Speculations, Here’s What Happened

The crypto community was flooded with speculations of yet another hack, this time around the hedge fund manager, Three Arrow Capital’s wallets were at risk. However, the firm’s CEO has clarified that it is just a move from L1 to L2. Earlier today, the Chinese journalist, Colin Wu tweeted that 91,477 ETH, which amounts to […]

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Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands

Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands

A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic […]

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Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure […]

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Polychain and Three Arrows Capital lead $230 million investment in Avalanche

Polychain and Three Arrows Capital lead $230 million investment in Avalanche

Avalanche, the proof-of-stake blockchain promising the industry’s fastest smart contracts, has raised $230 million in a token sale to institutional investors. Polychain and Three Arrows Capital led the round alongside R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and a group of unnamed angel investors and family offices, according to a press release.  The capital […]

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Avalanche-based DeFi protocol Trader Joe raises $5 million from Three Arrows Capital and others

Avalanche-based DeFi protocol Trader Joe raises $5 million from Three Arrows Capital and others

Trader Joe, a decentralized finance (DeFi) protocol built on the Avalanche blockchain, has raised $5 million in a token sale. Lead investors in the round include DeFiance Capital, GBV Capital, and Mechanism Capital, according to a statement shared with The Block by Trader Joe on Thursday. Other backers include Three Arrows Capital, the Avalanche Foundation, […]

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‘Vincent Van Dough’ launches NFT fund with Three Arrows Capital founders, plans to raise $100 million

‘Vincent Van Dough’ launches NFT fund with Three Arrows Capital founders, plans to raise $100 million

A popular NFT trader with the pseudonym Vincent Van Dough has launched a new fund to invest in non-fungible tokens (NFTs). The fund, dubbed Starry Night Capital, has been set up in collaboration with Three Arrows Capital founders Su Zhu and Kyle Davies, Dough tweeted Monday, who joined Twitter last month and has already gained […]

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NFT platform Art Blocks breaks record with $5.8 million sale

NFT platform Art Blocks breaks record with $5.8 million sale

The sale of a piece of non-fungible token (NFT) art for around $5.8 million has become the most expensive deal in the history of Art Blocks, a popular platform for generative artists. Ringers #879, created by the artist Dmitri Cherniak and minted on Art Blocks seven months ago, has been purchased via a secondary market […]

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Decentralized derivatives exchange dYdX raises $10 million in Series B

Decentralized derivatives exchange dYdX raises $10 million in Series B

Decentralized derivatives exchange dYdX has raised $10 million in Series B funding. Announcing the news on Tuesday, dYdX said the round was led by Three Arrows Capital and DeFiance Capital, with participation from Wintermute, GSR, Scalar Capital, and others. Existing investors, including a16z and Polychain Capital, also backed the round. With fresh capital at hand, […]

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