Crypto Deal Flow: July 16

Aleksandr Cryptoved
3 min readJul 16, 2020

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Crypto Deal Flow on July 16 2020
  1. Celsius Network| BnkToTheFuture | $17m | crowdfunding

Celsius Network, a crypto earning and lending company, has raised $ 17 million from 700+ investors through the crowdfunding platform BnkToTheFuture. Whilst the financial services firm has now accomplished its extended funding goal, the company will leave the fundraising open on BnkToTheFuture. According to the statement, there are a further 200+ qualified investors that are still waiting to be onboarded. The platform is already working, it has over 133 thousand active wallets and $854 million in assets. The CEL token is listed on cryptocurrency exchanges, with a capitalization of $140 million.

Source: https://www.financemagnates.com/cryptocurrency/news/celsius-network-reaches-17m-funding-with-bnktothefuture/

Celsius network: https://celsius.network/

2. Zap| Green Oaks Capital, Morgan Creek and Anthony Pompliano| $3.5m | seed

Payments startup Zap raised $ 3.5 million. Investors of the round are Green Oaks Capital, Morgan Creek funds and private investor Anthony Pompliano. Zap uses Lightning Network technology and has a partnership with Visa.

Source:

https://www.financemagnates.com/cryptocurrency/news/bitcoin-payments-startup-zap-secures-3-5-million/

Zap: https://zaphq.io/

3. Sorare| Fabric Ventures, e.ventures and Andre Schurrle| $4m | seed

Sorare, a soccer blockchain platform that issues soccer players’ NFT cards, has raised $4 million from Fabric Ventures, e.ventures and former professional soccer player Andre Schurrle. The game contains cards of football players of 76 clubs, in June sales amounted to 350 thousand dollars. The platform plans to develop a fiat gateway so that users can buy cards without ethereum and metamask using familiar credit cards.

Souce: https://www.coindesk.com/blockchain-enabled-fantasy-soccer-firm-sorare-raises-4m-in-seed-fund-round

Sorare: https://sorare.com/

4. MVIS CryptoCompare Bitcoin Index|license

MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the MVIS CryptoCompare Bitcoin Index (MVBTC) to Arrano Capital, the blockchain arm of Venture Smart Asia Limited, for its recently launched Bitcoin fund. The fund, which tracks the price of Bitcoin, uniquely features daily subscription and redemptions, offering investors greater ease of access, security and liquidity. Available only to institutional and professional investors, the fund aims to bridge the gap between regulated finance and the digital asset industry. The index was launched on October 23, 2017. Now, institutional-level bitcoin products are being created on its basis.

5. CoinList Seed Companies| 9 winners

Coinlist has announced 9 winners for its “CoinList Seed Companies” program. In total, over 60 startups participated in the competition. Over 150 investors join the CoinList Seed program including CoinFund, Electric Capital and Polychain Capital. So far, there is no data on the amount of investments in these 9 startups, but most likely, preliminary agreements have already been signed and public investment news can be expected in the near future. List of 9 winners: Abridged (the evolution of tokenized community ownership through common interfaces), Acala (cross-chain DeFi shard on Polkadot), Alice (web3 overlay on your phone), Biconomy (plug-and-play scalable & gas-efficient relayer infrastructure designed to simplify Web 3 experiences), Injective Protocol (fully-decentralized Layer-2 derivatives exchange protocol), Linkdrop (driving crypto adoption by making customer acquisition effective, measurable and transparent), Parsiq (Blockchain-to-Everything Platform that turns Data into Action by providing everyone a seamless bridge between blockchains and the real world), Puma Browser (private browser), Roll (protocol and web infrastructure to create and move social money anywhere, anytime across the web).

Source: https://blog.coinlist.co/announcing-the-summer-2020-batch-of-coinlist-seed-companies/

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