Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.
Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round.
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.
A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market.
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections.
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder.
Texas-based Unchained Capital hopes to undermine single points of failure and mitigate counterparty risk with its substantial $60 million raise, led by Valor Equity Partners.
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.
The Funding Program for the ecosystem involves grants, incubation, and acceleration for all phases of product development, with approved applicants receiving up to $500,000 per project.