Fundraising

Inside the Lloyd's of London insurance market. (Lloyd's of London)
Blockchain-Powered Reinsurer Re Raises $14 Million Seed Round to Build Decentralized Market
The company sees its protocol as providing collective backing of insurance policies in a similar way to the Lloyd’s of London market.
Inside the Lloyd's of London insurance market. (Lloyd's of London)

Magna co-founders Arun Kirubarajan (left) and Bruno Faviero (right). (Magna)
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
Investors in the round included Tiger Global, Tusk Venture Partners, Circle Ventures and Shima Capital.
Magna co-founders Arun Kirubarajan (left) and Bruno Faviero (right). (Magna)

FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)
Crypto Giant FTX Eyes Raising Money to Fund Acquisitions: Source
Sam Bankman-Fried’s exchange is raising capital as it considers a retail-focused deal, a person familiar with the matter said.
FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)

21.co co-founders Hany Rashwan and Ophelia Snyder (21.co)
Crypto Investment-Product Firm 21Shares' Parent Raises $25M, Pushing Valuation to $2B
The newly formed 21.co launched as the parent company of ETP issuer 21Shares and technology platform Onyx.
21.co co-founders Hany Rashwan and Ophelia Snyder (21.co)

Stacked founder and CEO Alex Lin (Flippy Finance)
Stacked, the Web3 Version of Twitch, Raises $12.9M
Crypto-focused venture capital firm Pantera Capital led the fundraise.
Stacked founder and CEO Alex Lin (Flippy Finance)

Clockwork has raised $4M in seed funding (quan long/Getty Images)
Solana-Based Automation Network Clockwork Raises $4M in Seed Funding
The decentralized network utilizes the Solana validator to facilitate tasks such as automated payments.
Clockwork has raised $4M in seed funding (quan long/Getty Images)

Galaxy Digital Portfolio Manager Chris Rhine (Galaxy Digital)
New Galaxy Crypto Fund on Path to Raise $100 Million by Year End
The crypto merchant bank's Liquid Alpha Fund launched last quarter with internal capital.
Galaxy Digital Portfolio Manager Chris Rhine (Galaxy Digital)

The Koibanx team (Koibanx)
Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
The funds will be used by the Latin American firm to expand infrastructure and build payment rails.
The Koibanx team (Koibanx)

(Peter Dazeley/Getty Images)
DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
The project will use the funds to boost the utility of the INJ Token.
(Peter Dazeley/Getty Images)

The Bits Crypto app (Bits Crypto)
Bits Crypto Raises $1.2M to Facilitate Gradual Investments in Crypto
The round was led by HOF Capital, the firm that previously invested in MoonPay, Stripe and Kraken.
The Bits Crypto app (Bits Crypto)