April 14, 10:00 am
|Skynet EGLD Capital Fund Raises $40 Million to Invest in the Elrond Ecos...|
The investment fund focused on growing the Elrond network – “Skynet EGLD Capital” – raised more than $40 million to further accelerate the development of the ecosystem. Financial backers were leading industry companies, including Binance Institutional, Huobi Global, Morningstar Ventures, Spark Digital Capital, and more.
Top Companies Flocking to Invest in Elrond Network
A document shared with CryptoPotato revealed that “Skynet EGLD Capital” secured over $40 million in a recent fundraiser, intending to employ the proceeds to boost the growth of the Elrond Network ecosystem.
The investment was led by top venture capital firms such as Spark Digital Capital, Woodstock, Morningstar Ventures, and Verko. Leading cryptocurrency companies like Binance Institutional, KuCoin, Huobi Group, and Bitmart also joined the funding round.
The $40+ million funds were raised in less than 14 days. Some of the proceeds have already been deployed in different Elrond projects such as Itheum and Maiar Exchange products.
Jordy Fiene – Founding Partner at “Skynet ELGD Capital” – said his entity had been a “strong supporter” of Elrond and ...
March 28, 1:08 pm
|Prime XBT Announces 24 New Crypto Trading Instruments: MANA, LUNA, ALGO ...|
[PRESS RELEASE - Please Read Disclaimer]
PrimeXBT has a proven track record of continuously expanding its product offering across innovative features, advanced tools, and popular trading instruments.
Over the years, we’ve added to our extensive set of traditional assets and grown our crypto offering. This time, we are once again focusing on h...
March 18, 3:58 pm
|Itheum Lands Investment from Elrond Foundation, Mechanism Capital as it ...|
[PRESS RELEASE - Dubai, Dubai, 17th March 2022]
Itheum is pleased to announce an investment from Elrond, Mechanism Capital, and other crucial investors in the crypto and blockchain space. The funding extends the earlier $1.5 million round funded by Morningstar Ventures which incubated Itheum via their Elrond Dubai Incubator.
Itheum continues to tur...
January 26, 2:37 pm
|MyCointainer Raises $6 Million in Seed Round to Develop Its Yield Earnin...|
[PRESS RELEASE - Tallinn, Estonia, 26th January 2022]
MyCointainer, a platform for easy yield staking, announced it has raised $6 million in a Seed Round. The event was led by Maple Block and co-led by Shima Capital & ByBit - one of the dominant cryptocurrency exchanges worldwide.
Numerous high-profile angel investors also participated in the round...