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Metaverse DAO Jenny Pools $7M For Fractionalized NFTs On Unicly

Jenny DAO, the first Metaverse DAO to launch its social token on Unicly, has pooled $7 million towards shared NFT ownership. Funds raised by the DAO, including contributions from several leading VCs, will go towards establishing and managing an NFT collection on Unicly. The $7M will make Jenny DAO one of the largest stewards of NFT collections on Unicly and will give holders of its native JENNY token a direct incentive in seeing Unicly succeed. On May 13, the uJENNY token will list on Unicly’s AMM, which combines the token-swapping functionality of a regular DEX with the tools for trading ownership of NFTs.

Crypto startup backer Multicoin Capital looks to replicate stunning Helium success with $100m Fund II close

4 Crypto startup investor Multicoin Capital is hoping its $100m second fund will help it replicate oversized returns the f Sorry, you need to subscribe to read this article. If you would like to access this article you must become a Premium Subscriber. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles - all which are accessible via our mobile platform.

Multicoin Capital debuts new $100M fund to bet on crypto startups and tokens – TechCrunch

Multicoin Capital debuts new $100M fund to bet on crypto startups and tokens Crypto startups couldn’t be hotter as currencies push past all-time highs and investor appetite reaches mania for new projects. Crypto investment firms that have been investing in blockchain startups for years are not only beginning to see major movement from their portfolio, but are gaining renewed appetite from LPs after a lengthy crypto winter to make bigger, more audacious bets. Austin-based Multicoin Capital has been around since 2017 investing in blockchain startups, cryptocurrencies and tokens with a venture fund and separate hedge fund. Today, the firm announced the raise of its second venture fund as it aims to further capitalize on rampant excitement in the crypto world. The new $100 million fund will help the company back new entrants in the space, including companies tackling DeFi, digital collectibles, Web3 and crypto-enabled infrastructure.

DeFi Alliance Expands to the European Region

DeFi Alliance Expands to the European Region Last Updated: 21 April 2021 DeFi Alliance has announced plans to expand into the European region, termed the ‘European Chapter.’ This chapter will help in increasing its industry network. DeFi Alliance, a global association for DeFi market professionals, has announced its unveiling of a European chapter. According to the alliance, their expansion into the European region will be headed by Meltem Demirors of Coinshare. She will also be supported by Min Teo of ConsenSys, Samuel Harrison of VBlockchain.com Ventures, etc. Currently, this association has more than 100 affiliated companies in its network, and it is active in supporting more than 400 startups to accelerate their growth. The firm has been actively helping startups since 2020.

Top Funds Bet Big On DeFi In Southeast Asia: Coin98 Labs Raises From Hashed, ParaFi, Multicoin & Spartan

Top Funds Bet Big On DeFi In Southeast Asia: Coin98 Labs Raises From Hashed, ParaFi, Multicoin & Spartan
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