Crypto Deal Flow: October 5–7

Let’s research 12 crypto deals.

Crypto Deal Flow: October 5–7
  1. Liberty Real Estate| $30m| tokenized fund

Liberty Real Estate launches a tokenized fund for real estate through Securitize.io, it is planned to raise $30m.

2. CoFIX| $500k|Huobi DeFi Labs, Dragonfly Capital, Coinbase Venture| private round

DEX CoFIX raised $ 500k from Huobi DeFi Labs, Dragonfly Capital, Coinbase Venture and private investors. The launch of the decentralized exchange is expected in October, the protocol will use oracles from NEST. 90% of COFI tokens will be distributed through liquidity mining.

3. SBI and Sygnym| $66.3m| unlisted securities fund

Japanese financial giant and Ripple partner SBI is set to launch an unlisted securities fund with a Swiss crypto bank named Sygnum — and will look to target both European and Asian investors. According to the press release, it is planned to raise $ 66.3m. The fund will invest in various forms of STO.

4. Binominal | $11.6m|Electric Capital and Jump Capital| series B round

Bitnomial cryptocurrency derivatives exchange raised $11.6m from Electric Capital and Jump Capital. The exchange is focused on institutional market participants and provides real delivery of bitcoin.

5. Draper Goren Holm | $25m|new fund

Draper Goren Holm Venture Fund launches $25m blockchain fund - Fund 1. The office will be located in Austria, focusing on blockchain startups in Europe. It is already becoming a trend that venture funds launch cryptocurrency funds separately.

6. Fidelity, Vanguard, Schwab|investments in blockchain companies

Interesting fact: an article on Coindesk shows that large funds from Fidelity, Vanguard, Schwab are already investing in blockchain companies, since the shares of such structures are in their funds or subsidiaries. These include Riot, HIVE Blockchain Technologies, Hut 8, BC Group, Alchemy, Coin Metrics, Fireblocks, and Everledger.

7. PlasmaPay | undisclosed sum|Moonrock Capital| private round

Moonrock Capital has announced investments in PlasmaPay, a cryptocurrency wallet, payment platform and blockchain. PlasmaPay uses its Plasma DLT public blockchain.

8. Covalent| $3.1m|Woodstock Fund, 1kx Capital, Mechanism Capital, CoinGecko, Alameda Research| private round

Covalent, the Ethereum blockchain data analytics platform, raised $3.1m from lead investors Woodstock Fund, 1kx Capital, Mechanism Capital with CoinGecko, Alameda Research and other investors. Investments will go to the development of modules for the analysis of Ethereum sidechains and other layer-1 blockchains that are currently live.

9. Flow| $18m|Coinlist

On September 24, we already talked about the Flow token sale on the Coinlist platform. Now the project team has summed up the results of the community sale and auction. Total $18m are attracted from 12k participants. Auction price = $ 0.38, community sale price was $ 0.1.

10. Alpha Finance Lab| undisclosed sum|Spartan Group, Multicoin Capital and DeFiance Capital| private round

Alpha Finance Lab has received funding from Spartan Group, Multicoin Capital and DeFiance Capital. The lab develops solutions such as Alpha Lending for Binance Smart Chain, Binance Double Launch, and Alpha Homora for the Ethereum network.

11. DeFiner| undisclosed sum|SNZ Holding| private round

DeFiner announced an investment from SNZ Holding. The project appears on the Crypto Deal Flow for the fourth time.

12. Snapshot| 200k|Balancer and Aragon| partnership

Snapshot, a decentralized governance and voting startup, has received $200k in investment from the Balancer and Aragon project team. The funds are provided in ANT and BAL tokens, which will be pooled on the Balancer with gradual spending on development and bounty.

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