PE Tech Report

Digital Assets

Figure unveils solution for private companies to raise, manage and trade equity from a single platform

Figure Technologies has launched a blockchain-powered solution that allows private companies to raise, manage, and trade equity on a single platform. Figure Equity Solutions is a full-stack equity management platform that supports seamless primaries and secondaries with automatic cap table updates pre-and-post-event.  To showcase the technology, the company successfully closed

Lemniscap leads USD4.4m seed funding round in JellyFi

Crypto venture capital fund Lemniscap has led a USD4.4 million seed funding round in JellyFi, a capital-efficient DeFi lending protocol that will soon enable uncollateralised crypto loans. ParaFi Capital, Tioga Capital, White Star Capital, DeFiance Capital, True Ventures, Digital Currency Group, Genesis, Divergence Ventures, AngelDAO and several angel investors also

Maven 11 Capital closes USD120m crypto venture fund

Crypto investment firm Maven 11 Capital has closed its second fund, Venture Fund II, at USD120 million on 30 November.  Building on the success of the first fund, Fund II will look to back founders looking to build novel infrastructure protocols, DeFi primitives and Web 3.0 applications in the crypto

Borderless Capital closes USD10m PLANETS.Fund

Borderless Capital, a Miami-based venture capital firm dedicated to the Algorand ecosystem, has closed PLANETS.Fund, a USD10 million fund focused on building a green data economy.  The fund will invest in the ecosystem surrounding PlanetWatch, the world’s first decentralised indoor and outdoor air quality monitoring network built on the Algorand

DTCC punching platform to digitise and modernise private markets

The Depository Trust & Clearing Corporation (DTCC) is launching a new platform to streamline the issuance, transfer and servicing of private market securities.  As described in a new industry report, “Digital Securities Management: Bringing Private Markets Infrastructure Into the 21st Century,” DTCC’s new Digital Securities Management (DSM) platform will, subject

Cadenza Ventures raises USD50m crypto venture fund

Cadenza Ventures has raised a USD50 million early stage venture fund, anchored by Van Eck Associates, with participation from institutions that include Solana, Dapper Labs, WorldQuant Ventures, Mirana, TRON, Lennertz, Babel Finance, Social Leverage and individuals affiliated with Coinbase, Kraken Ventures, Angellist and Norwest Venture Partners. The fund is led

FTX Trading Ltd closes USD420m Series B-1 funding round

FTX Trading Ltd. (FTX or the Company), owner and operator of FTX.COM, a leading global cryptocurrency exchange, has closed a USD420,690,000 Series B-1 fundraise, increasing the valuation of the Company to USD25 billion.  The round saw the participation of 69 investors, including Ontario Teachers’ Pension Plan Board, via its Teachers’

Events

12 September, 2024 – 6:00 pm

Directory Listings