Cryptocurrency investment firm Standard Crypto has raised $500 million for its new investment vehicle called Standard Crypto Venture Fund I. According to a report from Axios, which cited a source familiar with the matter, the new fund will pursue investments in both equity and crypto.
According to a report by a local news outlet Estadão, Coinbase is planning to acquire Brazilan crypto-focused company 2TM, the owner and operator of Latin America’s largest cryptocurrency exchange Mercado Bitcoin.
Digital wallet MetaMask, one of the most popular gateways to the world of decentralized finance (DeFi) and Web3, has reportedly surpassed the 30 million monthly active users (MAUs) milestone. The growth of ConsenSys’ flagship crypto wallet offering can not be overstated – in the last four months, its user base increased by more than 40%. For further context, the wallet had just 5 million users last April.
Investment banking giant Goldman Sachs has started offering its clients access to an Ethereum institutional fund managed by alternative asset management firm Galaxy Digital. According to the form filed with the Securities and Exchange Commission (SEC) on Tuesday, the bank is in it for the long haul, as the filing shows that the offering will last at least one year.
Venture capital firm Griffin Gaming Partners has raised $750 million for its venture fund exclusively dedicated to gaming. The newly acquired capital has pushed the total asset under management (AUM) to $1 billion which makes Griffin’s gaming fund one of the largest of its kind.
One of the leading cryptocurrency exchanges, the Sam Bankman-Fried led FTX, has announced it will be deploying up to $1 billion across a number of ambitious projects with the aim of improving “humanity’s long-term prospects.”
FTX, one of the leading cryptocurrency trading platforms, is launching a dedicated gaming unit with the intention of convincing more game publishers to incorporate blockchain-powered products and services into their digital creations.
Sequoia Capital, one of the oldest American venture capital firms, is reportedly raising $500 to $600 million for its new cryptocurrency-focused investment vehicle. According to the company, the fund will be investing in liquid digital assets, meaning those that are about to be or are already traded.
FTX, one of the leading international cryptocurrency exchange platforms, is buying a licensed Japanese crypto trading platform, Liquid. Per Wednesday’s announcement, the acquisition deal will be finalized in March 2022.