Funding – Page 54 – Blockchain

NFT creator Yuga Labs raises $450M, bringing company valuation to $4B

Led by Andreessen Horowitz, the seed round is one of the largest funding deals in the nonfungible token market.

As more institutions look to trade digital assets like Bitcoin and Ether, data analytics is becoming increasingly important.

From digital art to mortgages, blockchain technology is disrupting traditional industries — and attracting major investors to boot.

Companies like Visa and Nomura Holdings have set up dedicated crypto departments as they continue to embrace digital assets.

The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger.

Exodus reported nearly $96 million in revenues for the fiscal year of 2021, which is a 350% increase year-over-year.