Brandy Betz / CoinDesk:
Switzerland-based GRNGrid, a Layer 1 DeFi blockchain that lets users transact on nodes running exclusively on renewable energy, raised $50M from GEM Digital — GRNGrid is a more environmentally friendly layer 1 tailored to decentralized finance. — The GRNGrid blockchain received …
Brandy Betz / CoinDesk:
Exponential, a DeFi investment discovery and risk assessment service, raised a $14M seed led by Paradigm, with Haun Ventures, FTX’s VC arm, others participating — The tool helps users assess risks in decentralized finance and compare investments. — Exponential, a decentralized-finance …
Muyao Shen / Bloomberg:
DeFi Llama: the total value locked in DeFi has dropped by 12%+ in the past day, after hovering around $50B to $60B since June 2022 and $180B+ in December 2021 — Decentralized finance is feeling the pain of Binance’s proposed takeover of FTX.com, with investors yanking cash from projects …
Xinyi Luo / CoinDesk:
Alameda-backed DeFi projects Maps.me, a maps app for travelers, and “DeFi Prime Brokerage protocol” Oxygen say 95%+ of their native tokens are locked up at FTX — Alameda Research led funding rounds into both companies in 2021. — Maps.me and Oxygen, two decentralized finance …
Brandy Betz / CoinDesk:
Ownera, which wants to connect tokenized asset networks of the traditional finance, raised a $20M Series A from JP Morgan and others — Ownera aims to connect the tokenized securities of institutional investors. — Ownera, a startup building infrastructure to connect the tokenized asset networks …
Brandy Betz / CoinDesk:
Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital — Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform — Tharsis Labs – the core developer of Evmos …
Brandy Betz / CoinDesk:
Blockchain intelligence startup TRM Labs raised a $70M Series B extension led by Thoma Bravo, bringing the round to $130M — Goldman Sachs, PayPal Ventures, Amex Ventures, and Citi Ventures also participated. — Blockchain intelligence firm TRM Labs has raised $70 million …
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