funding

Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm

Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm

Andrew Peel, the head of digital asset markets at Morgan Stanley, has stepped down to launch his own crypto-focused investment and trading technology firm, aiming to bridge the gap between traditional finance and decentralized finance (DeFi). Peel, who joined Morgan Stanley in 2018 after a stint at Credit Suisse, left the Wall Street giant in […]

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Sonic Labs Secures M Galaxy Funding to Turbocharge US DeFi Push

Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push

$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from May 6-8. At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ. This investment strengthens our US market position and provides critical support for

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Crypto Venture Funding Surges to .9B in Q1 2025, Highest Since 2022

Crypto Venture Funding Surges to $4.9B in Q1 2025, Highest Since 2022

Venture capital investment in the crypto industry soared to $4.9 billion in the first quarter of 2025, marking the sector’s most active fundraising period since late 2022, according to a May 1 report from Galaxy. The surge represents a 40% increase from the previous quarter, with 446 deals closed — a 7% uptick in deal

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MEXC Unveils M IgniteX Fund: 5-Year Web3 Talent Rush with Korea University

MEXC Unveils $30M IgniteX Fund: 5-Year Web3 Talent Rush with Korea University

Key Takeaways: The initiative kicks off with a launchpad program aimed at nurturing early-stage Web3 startups and ideas. Special emphasis will be placed on projects in areas such as decentralized infrastructure, AI-integrated blockchain solutions, stablecoins, and fintech tools. MEXC Ventures, the investment arm of the crypto exchange MEXC, announced the launch of a $30 million

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DWF Labs Debuts 0M Fund to Power Web3 Innovation

DWF Labs Debuts $250M Fund to Power Web3 Innovation

Dubai-based crypto market maker and investor DWF Labs has announced the launch of a $250 million Liquid Fund aimed at expanding blockchain projects of different sizes. According to a press release shared with CryptoPotato, the fund will provide investments ranging from $10 million to $50 million per project, with a focus on accelerating Web3 adoption.

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Walrus Foundation Raises 0 Million for Decentralized Storage Networks

Walrus Foundation Raises $140 Million for Decentralized Storage Networks

Key Takeaways: A new on-chain storage solution offers faster processing and adaptable data management. Strong investor support points to growing demand for alternative storage methods. The protocol enables flexible use beyond mere archival data retention. The Walrus Foundation has raised $140 million to support the development of Walrus, a high-speed decentralized storage protocol designed to

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