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The founder of a Web3 powerhouse with stakes in a slew of popular blockchain projects explains what's wrong with Jack Dorsey's dismissal of VC money in the space
Dorsey taking a back seat in the Web3 boom isn't "the Jack that I think we thought we knew," Animoc…
Katie Canales
Private-equity giant KKR in talks to back Animoca Brands in latest funding round doubling the metaverse-maker's valuation to $5 billion
With an infusion from KKR, Animoca Brands would raise approximately $500 million in its latest fund…
Natasha Dailey
Metaverse company Animoca Brands more than doubles in value to $5 billion after Soros and the Winklevoss twins back the Sandbox owner's latest funding round
Animoca is invested in more than 150 NFT-related companies, including Axie Infinity and CryptoKitti…
Natasha Dailey
Crypto billionaire Michael Novogratz's firm has tokenized a 316-year-old violin owned by Catherine the Great in order to back a loan
"We're creating a process that will transform how a whole range of assets are managed, valued, and …
Filip De Mott
This Sequoia-backed EdTech startup that's bringing NFTs to classrooms just secured an $8.5 million funding round
The funding round was complicated early on by headwinds in the crypto space last year, a cofounder …
Morgan Chittum
The founder of a crypto powerhouse says Meta and Microsoft are 'digital dictatorships' and wants to crush their dominance in the online world
The founder of Animoca Brands told Bloomberg that his company and Web3's goal is to strip power fro…
Katie Canales
US stocks decline as traders brace for big earnings from mega-cap tech firms
Tech giants Alphabet and Microsoft are set to report quarterly results after the closing bell on Tu…
Morgan Chittum
US stocks drop as First Republic revives bank worries and investors await big tech earnings
US equities fell the most in a month on Tuesday as concerns over the banking sector's health croppe…
Morgan Chittum
Global Web 3 platforms launch Open Metaverse Alliance
Global Web 3 platforms have launched the Open Metaverse Alliance for Web 3 (OMA3) to solve the inte…
Axie Infinity's developer just raised $150 million in a funding round led by Binance to start reimbursing victims of the historic $625 million crypto hack
Other companies involved include blockchain game company Animoca, venture capital firms a16z and Di…
Phil Rosen
Bored Ape Yacht Club creator Yuga Labs is about to sell $300 million in metaverse real estate, potentially marking the largest NFT launch to date
Yuga Labs plans to sell digital non-fungible token "deeds" to virtual real estate in its new game "…
Brian Evans
The Sandbox's US CEO explains his vision for the metaverse platform and why people are still flocking to web3 during the crypto winter
"We want to be the Manhattan of the metaverse, a concentration of exciting brands and artists — but…
Phil Rosen
Softbank leads a nearly $100 million funding round for a metaverse and NFT-focused startup also backed by Snoop Dogg
The startup, called Sandbox, is a metaverse that allows players to store, trade, and monetize their…
Natasha Dailey
Michael Jordan-backed NFT marketplace Metaplex raises $46 million in latest funding round to expand into metaverse
Multicoin Capital and Jump Crypto led the fundraise, with Solana Ventures, Alameda Research, and An…
Phil Rosen
Atari is auctioning off a full-sized vintage 'Centipede' arcade set, along with digital memorabilia
The gaming brand is making pushes to stay relevant, with forthcoming hotels and a cryptocurrency.
Mary Meisenzahl
Carl Pei’s Nothing raises $70 million ahead of its March 23 event – rumoured Nothing smartphone could be officially announced
Carl Pei’s Nothing Tech has raised $70 million in its latest round of funding as the company looks …
Crypto podcaster Andrew Steinwold raised $100 million from Andreessen Horowitz partners and the Winklevoss twins for a new NFT fund
Sfermion said that the money will help it build a portfolio of investments underpinning the metaver…