Search Results for: NGC Ventures

Xverse, a Bitcoin Web3 wallet, recently received a $5 million seed round injection led by Jump Crypto to expedite development of features, notably for DeFi. The Hong Kong-based platform has been recognized for its support of Ordinal, a technique for creating NFTs on the Bitcoin blockchain, making it a captivating platform for crypto-aficionados across the globe.

12 crypto startups raised over $151 million this week, highlighting the growing interest in Web3 gaming. Openfort secured $3 million to develop its wallet-as-a-service product, with plans to use account abstraction for a seamless gaming experience. The surge in investments indicates a promising future for Web3 gaming, blockchain platforms, and new technologies.

Crypto startup Openfort raised $3 million to develop its wallet-as-a-service software for game developers and publishers. Offering frictionless wallet technology via APIs, Openfort aims to simplify and enhance the gaming experience by abstracting cumbersome crypto transaction elements and supporting Ethereum-compatible networks.

Cronos Labs launches its second cohort for the Cronos Accelerator Program, backed by a $100 million investment. Eight handpicked early-stage crypto projects will receive mentorship, funding, and AI-related workshops in collaboration with Amazon Web Services. The 12-week program culminates in a Demo Day for securing further investments.

Web3 developer platform Airstack raises $7 million in pre-seed funding, enabling developers to access cross-chain data through AI-supported natural language requests. The platform addresses developer pain points and has attracted over 200 developers since its April launch, with plans to onboard thousands more in the coming months.