When the crypto market was facing a downturn in the summer of last year, raising funds was expected to be challenging. However, Dima Romanov and the Layer N team successfully attracted significant interest from venture capitalists. Their success wasn't by chance—it was due to a well-crafted pitch that focused on practical solutions to real problems and the potential to enable future applications. This approach resonated deeply with investors who were looking for substance over abstract ideas. As a result, they received substantial backing from notable names like the Peter Thiel-backed Founders Fund, dao5, Kraken Ventures, and Spencer Noon, a former partner at Variant. This story underscores the importance of addressing tangible issues and the value of a clear, forward-looking vision when seeking investment, even in tough markets.
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We all know that Andreesen Horowitz (a16z) is like the King VC and holds MEGA influence in the venture capital landscape; other VCs hang onto their every word and move. They influence industry trends sometimes good and bad like FTX and SBF to name one! However, I would love your thoughts on this article (opinion) that I am sharing and the firm's potential to influence the 2 and 20 model fee structure model and the potential effect something like this could have, especially on new VCs, and smaller funds. Thanks! https://lnkd.in/eRRBTugD
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💰 1Money raises $20M in a seed funding round. Investors in the round include Galaxy, CMT Digital, Hack VC, Tribe Capital, Kraken Ventures, KuCoin Exchange, Borderless, gumi Cryptos Capital, Ethereal Ventures, Bankless Ventures, Anagram, BitGo, Bing Ventures, Generative Ventures, Ambush Capital , F-Prime Capital and others. #1Money is a platform designed to make stablecoin payments more accessible and practical for a wide range of daily transactions. 👉 https://lnkd.in/ddgr4xRq
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Marc Andreessen from Andreessen Horowitz (A16z) underscores the firm's rigorous approach to crypto investments, aligning them with traditional venture capital standards. He emphasizes that despite the swifter dynamics of token fundraising compared to equity, the thoroughness in evaluation remains paramount. In this ecosystem, Synaps Hub emerges as a powerful tool. It enhances the due diligence process by providing a platform where projects can transparently share critical information with venture capitalists. Synaps Hub not only simplifies the communication of key data but also ensures that VCs can make well-informed decisions with the same rigor as they would in traditional settings. To learn more : https://lnkd.in/gBiZ7AY5
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Hi friends! 👋 On our YouTube channel, you will find an interview with Alex Andryunin, founder of the GOTBIT Hedge Fund, who shares his insights on launching a #memecoin startup. Learn how Shark Cat raised to a $400 million market cap in just two days, what mistakes to avoid, and how much you can really earn from a meme coin project. Main highlights: 🔹 The current state of the meme coin market 🔹 How to achieve #viral success with minimal resources 🔹 The role of #community and social capital in crypto projects Catch the full interview to get all the details and expert advice! Watch the interview now 👉 https://lnkd.in/dgcqEkCF
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Crypto’s Richest Man Turns VC Firm Into Giant Family Office - YZi will manage assets of Zhao and Binance co-founder Yi He Changpeng “CZ” Zhao is worth $70 billion thanks to the relentless crypto rally, is turning the former venture capital arm of his Binance Holdings Ltd. into a family office. His $69.8 billion fortune is ranked 22nd in the world by the Bloomberg Billionaires Index. The firm will write checks of anywhere from $500,000 to $50 million, according to Zhang, and it will also invest in liquid tokens. #venturecapital #fundraising #investing Supercap Group Binance
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LayerZero Labs reached a settlement with the FTX estate after nearly two years of legal disputes over transactions made with Alameda Ventures, the venture capital arm of Alameda Research. https://lnkd.in/dqpGAuRK
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🔎 Exploring Funding Strategies in Crypto: Tokens vs. Equity The crypto world is evolving, and so are the strategies for raising funds. 🚀 "Startups are increasingly blending token offerings with traditional equity to attract a wider range of investors," says an industry expert. Dive into how this hybrid approach is reshaping the fundraising landscape with Louis Tellier 👇
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Crypto firm Sygnum Bank AG raised $58 million in an equity funding round, pushing its valuation past the $1 billion mark. Cornerstone investor Fulgur Ventures LLC, a Bitcoin-focused #venturecapital firm, joined new and existing investors as well as Sygnum team members in the round, according to a Tuesday statement. The raise comes a year after the bank raised $41 million at a valuation of about $850 million. https://lnkd.in/eYgvsgyX
Crypto Bank Sygnum Hits Unicorn Status With $58 Million Raise
bloomberg.com
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Big news! 🎉 BVNK has raised $50 million in Series B funding to fuel the next era of stablecoin payments. With support from Haun Ventures, Tiger Global, and Coinbase Ventures, we’re accelerating global money movement and empowering businesses to grow. 🚀 Excited to expand into the US 🇺🇸 in 2025 and continue building on our momentum. Read more from our Founder Jesse Hemson-Struthers on the BVNK blog: https://lnkd.in/eivfYjwV
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How do you differentiate between equity and token investments in your crypto venture fund? At The Bridge 2024, top VCs discussed how they allocate across equity and tokens—balancing liquidity, long-term value, and DPI. This panel featured: • Baek Kyoum Kim, General Partner, Hashed (Moderator) • Joe Bruzzesi, General Partner, RW3 Ventures • Michael Bucella, Co-Founder & Managing Partner, Neoclassic Capital • Soona Amhaz, Managing Partner, Volt Capital A must-watch for crypto founders and investors. Watch the full conversation with the link in the comments.
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6moGreat discussion!