# Venture Capital News
Leading blockchain analysis company, Chainalysis, has managed to secure $6 million in funding from Japanese financial services giant Mitsubishi UFJ Financial Group and venture capital firm Sozo Ventures. This according to a report by Reuters, April 16, 2019. Expansion Into Asia New York-based Chainalysis hopes that the raised funds will...
Social media behemoth, Facebook, is looking to attract venture capital (VC) investment into its proposed cryptocurrency project, reports New York Times (NYT) contributor Nathaniel Popper. The company is reportedly looking to raise as much as $1 billion for its digital token project. Making Facebook Coin Less Centralized Popper announced the...
Vimba, a New Zealand-based platform that allows users to buy, sell or save bitcoin (BTC) and ether (ETH) right from their bank accounts, has become the first ever portfolio investment of NEM Ventures, the venture capital and investment arm of the NEM distributed ledger technology (DLT) project, according to an...
According to a press release published February 19, 2019, blockchain security firm CipherTrace has secured $15 million in venture capital from leading Silicon Valley and New York venture capital firms with a proven track record in the crypto asset and cybersecurity space. Strong Demand for DLT Products CipherTrace has raised...
Cambridge Associates is endorsing cryptocurrency investment for institutions. The pension and endowment firm says cryptos are now stable and believes it’s time institutions learned about crypto space to make informed investment decisions. As reported by Bloomberg, February 18, 2019. A Worthwhile Investment The private and institutional investment adviser, which offers services...
