FTX Estate Misses Out on $3B Cursor Stake After $200K Sale as AI Valuations Surge
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising scrutiny over bankruptcy asset sales.
Startups & Investors
The Startups & Investors section covers funding rounds, venture activity, new project launches, and the strategies shaping early-stage innovation across the crypto and fintech landscape. This category highlights investor trends, startup milestones, incubator and accelerator news, acquisition activity, and the evolving dynamics between builders and capital. Readers get clear insights into how founders and investors drive growth and competition in the digital asset industry.
Blockchain Capital Targets $700M Across Two New Crypto Funds
Blockchain Capital aims to raise $700 million for new early-stage and growth funds, signaling renewed momentum in crypto venture capital fundraising.
HIVE Plans $75M Raise to Accelerate AI and Data Center Expansion
HIVE Digital Technologies is seeking $75 million to fund GPU purchases and data center growth as it continues its transition from Bitcoin mining to AI infrastructure.
Kroll Assigns Ripple Prime ‘BBB’ Rating, Citing Strength and Risks
By
David Walker
• 3 mins read
Kroll gives Ripple Prime a BBB rating, highlighting strong financial backing alongside concentration and diversification risks.
Keyrock Targets $100M Raise at $1.1B Valuation Backed by SC Ventures and Ripple
By
Andrew Collins
• 3 mins read
Keyrock secures fresh backing from SC Ventures and Ripple in an ongoing Series C round targeting up to $100 million at a $1.1 billion valuation.
Intercontinental Exchange Invests $600M More in Polymarket
By
David Walker
• 3 mins read
Intercontinental Exchange adds $600 million to Polymarket, bringing its total investment close to $2 billion.
TransFi Raises $19 Million to Expand Stablecoin Payments Infrastructure
By
Laura Mitchell
• 1 min read
Stablecoin payments firm TransFi raised $19.2 million to expand its cross-border payment infrastructure across emerging markets.
Metaplanet Launches Venture Arm to Back Bitcoin Startups
By
David Walker
• 1 min read
Metaplanet has created a new venture unit to fund Bitcoin infrastructure startups in Japan. The firm plans to invest roughly $25 million over the next several years.
Stablecoin Payments Firm Kast Raises $80M at $600M Valuation
By
Matthew Clarke
• 1 min read
Kast, a stablecoin payments startup, secured $80 million in funding at a $600 million valuation to expand operations across multiple regions and enhance product offerings.
A16z Launches Fifth Crypto Fund amid Market Downturn
By
David Walker
• 2 mins read
Andreessen Horowitz is raising a fifth crypto-focused fund targeting $2 billion, amid declining venture activity and broader crypto market pressures.
Dragonfly Closes $650M Fund as Institutional Capital Targets Web3 Infrastructure
By
David Walker
• 3 mins read
Dragonfly has raised $650 million for its latest crypto venture fund, signaling sustained institutional confidence in Web3 infrastructure and long-term blockchain innovation.
Bitcoin Miner Cango Raises $75.5 Million amid AI Infrastructure Pivot
By
Andrew Collins
• 1 min read
Cango secured $75.5 million in fresh equity financing following a $305 million Bitcoin sale, as the miner shifts toward AI and high-performance computing infrastructure.
Family Offices Favor AI Over Crypto, JPMorgan Finds
By
Matthew Clarke
• 1 min read
AI dominates investment priorities for global family offices, while cryptocurrencies remain largely absent from portfolios, according to JPMorgan data.
Zerohash Seeks $250M Raise after Mastercard Talks End
By
David Walker
• 1 min read
Zerohash is in discussions to raise $250 million at a $1.5 billion valuation after stepping away from acquisition talks with Mastercard.
YZi Labs Backs BitGo IPO with Strategic Investment
By
David Walker
• 2 mins read
Changpeng Zhao-backed YZi Labs invests in BitGo as the crypto custodian debuts on the NYSE, supporting regulated infrastructure for institutional digital assets.