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COIN OF THE DAY $SOL #Solana #CRYPTO2024 #DYOR
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Prosper secures investment from BIT Mining #Prosper receives investment from #BITMining in its native tokens, $PROS , to support a new focus on #Bitcoin $BTC mining. BIT Mining is a leading technology-driven cryptocurrency mining company involved in mining, data center operations, and mining machine manufacturing, strategically building long-term value within the cryptocurrency ecosystem. Prosper is a decentralized protocol that provides full exposure across Bitcoin hashrate and Bitcoin by bringing institutional-grade Bitcoin mining power on-chain and aims to fully unlock the potential of Bitcoin. 👉 prosper-fi.com/news/prosper-bit-mining
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Portal Ventures raises oversubscribed $75M crypto fund Early blockchain venture capital firm #PortalVentures completed the final fundraising for its second fund, oversubscribed by $15M, beyond its initial $75M target. The fund, led by founder Evan Fisher and general partner Catrina Wang, received backing from investors, including #a16z ’s Chris Dixon and Marc Andreessen, alongside support from the shared family office of KKR’s Henry Kravis and directors from #InsightPartners . The fund will concentrate on pre-seed investments, frequently offering “first checks” to emerging blockchain companies, with a strong emphasis on discovering early-stage opportunities. 👉 fortune.com/2024/11/14/portal-ventures-crypto-fund-chris-dixon-marc-andreessen-insight/
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Folks Finance raises $3.2M in a Series A funding round #FolksFinance secures $3.2M in a Series A funding round led by Borderless Capital, with participation from Algorand Ventures, Mapleblock Capital, Sovo Ventures and others. The funding round brings Folks Finance's total funding to $6.2M. Folks Finance is a #DeFi platform that offers cross-chain lending, borrowing, staking, and trading. 👉 theblock.co/post/326508/defi-folks-finance-funding-valuation
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