Crypto Fundraising

With Russia’s invasion of Ukraine underway, crypto users have risen up to help the nation defend against its hostile neighbor. The Ukrainian military has reportedly raised $4 million in crypto through NGOs and volunteer groups since the attack began. International Crypto Crowdfunding According to live data from Elliptic – a blockchain analytics firm – crypto donations to Ukrainian NGO’s have “soared” since the beginning of the invasion. Hovering near-zero earlier this month, donations rose above $500,000 on February 24th, and…

MyCointainer, a platform for easy staking, announced it has raised $6 million in a Seed Round. The event was led by Mapleblock and co-led by Shima Capital & Bybit - one of the dominant cryptocurrency exchanges worldwide. Numerous high-profile angel investors also participated in the round. Among them are entities with rich portfolios comprising some of the most renowned industry brands like CoinList, Circle, and Polygon. ConsenSys, Near, 1inch, Algorand, Polkadot, dY/dX, Casper Labs, Mina, Ankr, and Enjin are also…

Whenever anyone talks about ICO financing, every crypto enthusiast recalls Ethereum's launch in 2014 as an ICO project. Ethereum has seen great success since its launch and has been able to compete with crypto giant Bitcoin. ICOs primarily deal with the introduction of new cryptocurrencies into the market. The main advantage of ICO to investors is liquidity and decentralization. Unlike other opportunities that bound capital for several years, ICO's capital is accessible from the time of holding. ICOs are also decentralized…

In recent times, venture capital research company Ana.vc published a report highlighting a 57 percent reduction in cryptocurrency funding from VCs last month. In spite of the dip in overall investment, it seems the decentralized lending sector is still prosperous as it raised 150 percent of its aggregate in March. The report noted a decline in cryptocurrency fundraising last month but did not consider Bakkt’s raise. It noted thirty disclosed deals worth an aggregate of about $50 million, down from $117 million last…