We’ve crossed the $1B mark once again this week as Chime rings the register with a monster $750MM raise, scoring a $25B valuation. Chime is a financial technology company, not a bank, that is changing the way people think about banking. Bitpanda was right behind them pulling in $263MM, helping people invest in what they believe in — stocks, Crypto, and metals. Check out the rest!
Low Tier ($8.7MM)
FTX Founder Sam Bankman-Fried supported Bitcoin development with a $450,000 donation
429 ETH worth $1.3MM raised by Fortune Magazine and they plan to Hodl their share
Parami, Ad Network on Polkadot's Substrate, secured $3MM in funding
Former Goldman Sachs employees launch DeFi protocol Ondo with $4MM in seed funding
Mid Tier ($200MM)
Nine Chronicles raised nearly $10MM in one of Miso’s most successful IDOs ever
Blockchain security firm CertiK raised another $24MM one month after its Series B
Galaxy Digital backed $50MM funding round for crypto staking outfit Figment
Former professional poker player, Sean Lippel, helms new $50MM DeFi fund backed by Billionaire Alan Howard
Crypto payments project MobileCoin raised $66MM in Series B funding
High Tier ($1.2B)
Accolade Partners launched $175MM fund to support a second Crypto venture
Austrian crypto unicorn Bitpanda raised another $263MM
Fintech firm Chime raised $750MM, scored $25 billion valuation
As you can see - money is changing very fast and soon those little pieces of metal and paper will be 1s and 0s on a mobile device and the whole idea of paying might just become a passing thought.
