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Blackstone Tactical Opportunities funds Recurrent Ventures with $300mm

Recurrent Ventures, a Miami-based digital media company, closed $300 million in new capital led by funds managed by Blackstone Tactical Opportunities. Existing investors, including North Equity, Powerhouse Capital, and Raga Partners, participated in the round. In total, Recurrent has raised over $400 million. Recurrent Ventures...

StarkWare quadruples valuation to $8 Billion

StarkWare Industries, inventor of technology to make blockchain scalable for mass adoption, announced on Wednesday that it has raised $100M at a valuation of $8 billion. StarkWare's Series D funding comes six months after its Series C which valued the company at $2 billion. The...

Babel Finance closes US$80 million Series B fundraising round at US$2 billion valuation

Babel Finance, the world's leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing round at a valuation of US$2 billion. The main investors in this round include Jeneration Capital and 10T Holdings, as well as existing shareholders...

Klaytn launches Web3 Incubation Program with 5 startups

The program, which kicked-off on 4 April 2022, draws on the unique strength of F10, a global fintech incubator, and Klaytn, a dominant interoperable blockchain ecosystem in the web3 industry. These startups will receive extensive mentoring, access to investor network, program perks and co-working space,...

Bolt to acquire Wyre, building synergy and aiming to be king cryptocurrency checkout

Bolt, a leading checkout and shopper network company, today announced its definitive agreement to acquire Wyre, a groundbreaking cryptocurrency infrastructure provider. The acquisition, which is anticipated to close later in 2022, comes amid growing demand for purchasing goods and services with cryptocurrency and the...

Former A16z investor, Katie Haun, taps Raises $1.5B for 2 New Crypto Venture Funds

Katie Haun leaves one of the world’s leading investment firms, to create Haun Ventures. Andreessen Horowitz has grown to be a major presence in the crypto investment world as they’ve rapidly deployed capital into a number of startups in the space. They were an...