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New crypto hedge fund launches to bet on treasury and other public companies, targeting $100 million AUM

New crypto hedge fund launches to bet on treasury and other public companies, targeting $100 million AUM

Singapore-based crypto advisory firm BlockSpaceForce has partnered with local licensed fund manager Mainnet Capital to launch a new hedge fund dedicated to investing in crypto-linked public companies, including digital asset treasury (DAT) firms.The vehicle is structured as a sub-fund of an unnamed …

Coinbase Ventures buys TON tokens ‘directly from Telegram,’ says TON Foundation exec

Coinbase Ventures buys TON tokens ‘directly from Telegram,’ says TON Foundation exec

Coinbase Ventures, the investment arm of crypto exchange Coinbase, now holds Toncoin (TON), the native token of The Open Network blockchain that powers Telegram’s web3 infrastructure."While we can’t disclose the size of their position, their support speaks volumes," the TON Foundation said in an X p…

MegaETH-based crypto derivatives trading app Euphoria raises $7.5 million in seed funding from over 100 investors

MegaETH-based crypto derivatives trading app Euphoria raises $7.5 million in seed funding from over 100 investors

Euphoria, a MegaETH-based crypto derivatives trading app under development, has raised $7.5 million in seed funding, aiming to become a "breakout" consumer app for the crypto market.The $7.5 million raise includes a $2.5 million pre-seed round raised in November 2024 and a $5 million seed round rais…

BTCFi VC funding hits $175M as investors focus on consumer apps

BTCFi VC funding hits $175M as investors focus on consumer apps

Bitcoin’s decentralized finance (DeFi) ecosystem is experiencing renewed venture capital (VC) interest, signaling more demand for the world’s first cryptocurrency as it gains utility as a yield-bearing asset.Bitcoin DeFi, or BTCFi, is a technological paradigm that seeks to bring decentralized financ…

Polychain sells remaining $62.5 million TIA stake to Celestia Foundation ahead of staking reward changes

Polychain sells remaining $62.5 million TIA stake to Celestia Foundation ahead of staking reward changes

Crypto venture firm Polychain Capital has offloaded its stake in Celestia, the Celestia Foundation announced Thursday, marking a significant exit by one of the modular blockchain network's most prominent early backers. The Celestia Foundation repurchased $62.5 million worth of TIA tokens from Polych…

Paradigm leads $11.5 million funding round in Kuru Labs, a decentralized exchange blending CLOBs and AMMs

Paradigm leads $11.5 million funding round in Kuru Labs, a decentralized exchange blending CLOBs and AMMs

Venture capital firm Paradigm has led the Series A $11.5 million funding round for Kuru Labs, a startup building a decentralized exchange on the high-performance Ethereum-compatible Monad Layer 1.Kuru uses a "hybrid CLOB-AMM model" that combines the automated market maker (AMM) functions often seen …

Bitcoin nears new high as Trump says US-China trade ‘deal is done’

Bitcoin nears new high as Trump says US-China trade ‘deal is done’

Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal.The world’s largest trading economies have nearly finalized their trade agreement, according to a June 11 post on Truth Social by US Presid…

Who attended Trump’s controversial memecoin dinner?

Who attended Trump’s controversial memecoin dinner?

The top 220 holders of US President Donald Trump’s memecoin met yesterday at the president’s golf course in Virginia for an exclusive dinner and purported meet-and-greet.Attendees spent a grand total of $148 million for an “ultra-exclusive VIP reception with the president,” which crypto industry adv…

Theta Capital raises $175M to back early-stage blockchain startups

Theta Capital raises $175M to back early-stage blockchain startups

Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms.The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with a tr…

Microsoft adds real-time blockchain data to Fabric through Space and Time integration

Microsoft adds real-time blockchain data to Fabric through Space and Time integration

Microsoft is integrating new blockchain data feeds into its Fabric analytics platform through a partnership with crypto startup Space and Time Labs (SXT), which a Microsoft venture unit has previously backed. According to an announcement on Tuesday, Space and Time will provide Fabric users with “rea…

BIS report calls for ‘containment’ of crypto risks as TradFi connections deepen, sparking criticism

BIS report calls for ‘containment’ of crypto risks as TradFi connections deepen, sparking criticism

A recent report from the Bank for International Settlements (BIS) has sparked backlash from crypto industry figures after recommending a stronger regulatory approach focused on containing the risks of crypto as its connections to the traditional finance industry deepen. The report, titled "Cryptocur…

Theta Capital Publishes Annual

Theta Capital Publishes Annual "The Satellite View" Report – A Deep Dive into the Future of Blockchain Investing

AMSTERDAM, April 14, 2025 (GLOBE NEWSWIRE) — Theta Capital, the largest European investor in blockchain venture capital, has published its annual report on venture capital investment in blockchain technology, “The Satellite View”, synthesizing insights from leading venture capitalists and founders…