#LIFIprotocol has raised $17.5M in the funding round led by #CoinFund & #Superscrypt

LІ.FІ, a #blockchain infrastructure protocol that aggregates cross-chain bridges and DEXs has closed its $17.5M Series A #funding round led by CoinFund and Superscrypt.

Business Wire reports that CoinFund, a cryptocurrency investment firm, has appointed Dilveer Vahali, a specialist in cryptocurrency law, as its head of venture legal affairs. With a decade of experience in M&A, venture capital investments, and other transaction law advisories, Vahali, former General Manager and Senior Advisor at TCG Crypto, will now helm CoinFund's legal strategy. This move signals a strengthened commitment to legal excellence in the crypto space.

#CoinFund #crypto #legalaffairs #DilveerVahali

#Gensyn AI gets $43 million in the Series A round led by a16z

Machine learning startup Gensyn AI has raised $43 million in Series A funding. A16z cryptocurrency led the round, and several business angels, including #CoinFund , Canonical Crypto, Protocol Labs and Eden Block, backed Gensyn AI's Series A funding.

🔥 Li.Fi has raised $17.5 million in a Series A #funding round co-led by #CoinFund and #Superscrypt

The funding will help Li.Fi execute its long-term strategy, which aims to bring more users to #Web3 by enabling #tokens and orders to trade across any chain.

⚡️Top recent #crypto #fundraising events (3 April 2023)

Investors: #CoinFund , #Circle Ventures, Jump Crypto, Collab+Currency, 10T Fund, DWF Labs, Lattice, Eclipse, Morgan Creek Capital, #Polygon , Zebec, and others. Let's take a look!

⚡️ Superstate has raised $14M in funding led by CoinFund & Distributed Global

Superstate, a blockchain-based asset-management firm, raised $14M in a round led by CoinFund and Distributed Global, with participation from Arrington Capital, CMT Digital, Folius Ventures, Galaxy Digital, HackVC, Modular Capital, Nascent, and others. The funds will help to launch private funds for institutional investors, and create a framework for compliant, tokenized, publicly registered investment funds.

#Superstate #CoinFund #GalaxyDigital #tokenization #RWA

Gunzilla Games raises $30M for upcoming battle royale game 'Off the Grid’.

Video game developer #Gunzilla secures $30M in a funding round co-led by #CoinFund and Avalanche's #BlizzardFund, with participation from #RepublicCapital and #MorningstarVentures . Raised funds Gunzilla will use to support the development and release of its cyberpunk-style battle royale shooter game Off The Grid.

👉 decrypt.co/223371/off-grid-gunzilla-raises-30-million-playstation-xbox-pc

⚡ Sindri has announced the closure of its $5M seed round led by CoinFund

Sindri, a zero-knowledge infrastructure platform, secured $5M in a seed funding led by CoinFund, which follows a $2M pre-seed round in June 2022. Sindri enables developers to verify data with zero-knowledge proofs, and use them for research use cases and in blockchain applications.

#CoinFund #zkProofs #ZK #ZK-proof #fundraising

CoinFund Leads $5 Million Seed Funding for Sindri. 💰💸🤑

Exciting developments are underway in the world of zero-knowledge infrastructure as CoinFund takes the lead in a significant $5 million seed funding round for Sindri. This injection of capital is set to propel Sindri to new heights, supporting the expansion of its team, fostering the growth of its developer network, and building a comprehensive zero-knowledge-based developer stack.

Funding Round Success:

CoinFund spearheads a $5 million seed funding round, demonstrating strong investor confidence in Sindri's potential.

Strategic Allocation:

The funds will be strategically used to expand Sindri's team, enhancing its capabilities and expertise.

Developer Network Growth:

A crucial focus lies on growing Sindri's developer network, fostering collaboration and innovation within the zero-knowledge space.

Comprehensive Developer Stack:

Sindri aims to build a robust and comprehensive zero-knowledge-based developer stack, positioning itself at the forefront of this cutting-edge technology.

Previous Funding:

This substantial investment follows a $2 million pre-seed funding round in June 2022, showcasing sustained interest and support for Sindri's endeavors.

Zero-Knowledge Proofs:

Sindri's platform empowers developers to verify data using zero-knowledge proofs. These cryptographic tools allow verification without revealing specific details, a technique gaining popularity across various applications.

Versatile Applications:

Beyond blockchain, zero-knowledge proofs find utility in machine learning and AI models, broadening Sindri's impact across diverse technological landscapes.

User Base Diversity:

Sindri's platform is already making waves among various users, including blockchain Layer 2s, zkML projects, ZK researchers, and other forward-thinking organizations.

#Sindri #Investing #CoinFund #ZeroKnowledge