VC

[PRESS RELEASE – Paris, France, April 25th, 2024] Prize pool of over 1M€ value including media grant from Cointelegraph Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof…

In the future, Bitcoin will cease being purely a store of value and speculative asset and become a status symbol, pushing it to nine figures, says Yat Siu of $6 billion firm Animoca Brands. He compared Bitcoin in the future to NFTs today, where wealthy investors splash out millions for the NFTs with no utility just to attain a certain status among other crypto enthusiasts. Bitcoin has had its best year ever and hit a new record high, leading many…

The firm, co-founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is looking to tap into institutional interest in the space following a bear market lull in VC investing. It would be one of the largest new crypto VC funds raised since the market downturn last year, according to an April 3 Bloomberg report citing anonymous sources. The peak for crypto VC fundraising came in May 2022, when venture firm Andreessen Horowitz (a16z) raised a $4.5 billion…

Leading crypto venture firm Paradigm aims to raise $850M for investments amidst a market resurgence, reflecting growing optimism and increased fundraising activity in the crypto industry. Paradigm's Ambitious Fundraising Plans According to sources familiar with the matter, cryptocurrency venture firm Paradigm is in discussions with investors to secure between $750 million and $850 million for a new investment vehicle. If successful, this endeavor would mark one of the largest funds raised since the crypto market downturn in May 2022. A…

The current crypto and blockchain funding environment consist of initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), and private funding rounds.  In the last few years, the growing and maturing blockchain/crypto landscape have attracted private equity funds to the market. Numerous benefits provided by the emerging blockchain and crypto tech have incentivized businesses and individuals to explore and invest in it.  2017 was when cryptocurrencies, blockchain, and ICOs really began to take off, with most funding raised by blockchain companies…