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Dogecoin Gets $153.8 Million Boost With This Latest Acquisition

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VC Monthly Report for Oct:Funding Number Down by 3%, Funding Amount Up by 28%, Featuring the Largest Acquisition in Crypto History with Stripe’s Purchase of Bridge

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Author: WuBlockchain According to RootData, there were 95 publicly announced Crypto VC investment projects in October, down 3% from September (98 projects) but up 16% year-over-year (82 projects in October 2023). Note: not all funding is announced in the month it is raised, so these figures may increase over time. Breakdown by sector is as follows: CeFi: 6% DeFi: 20% NFT/GameFi: 14% L1/L2: 15% RWA/DePIN: 6% Tool/Wallet: 4% AI: 8% October's total funding reached $780 million, a 28% increase from September ($610 million) and a 73% year-over-year increase from October 2023 ($450 million). Top 10 rounds include: Stripe’s Acquisition of Bridge Stripe acquired Bridge for $1.1 billion, marking its largest acquisition to date and the largest in crypto history. Blockstream’s $210 Million Convertible Note Financing Bitcoin sidechain Liquid developer Blockstream raised $210 million through convertible notes, led by Fulgur Ventures, to accelerate the adoption and development of its L2 technolo...

CoinGecko expands crypto data API with Zash acquisition

CoinGecko, a prominent cryptocurrency data aggregator, has acquired Zash. Zash is an industry leader in NFT data infrastructure and intelligence. The acquisition aligns with CoinGecko’s vision to tokenize any feasible asset. In a strategic move to bolster its cryptocurrency data services, CoinGecko has completed its first-ever acquisition by adding Zash, a prominent NFT data infrastructure and intelligence company, to its portfolio. Zash’s NFT data integration CoinGecko, a leading crypto currency data aggregator, has finalized the acquisition of Zash, an industry trailblazer in NFT data infrastructure and intelligence. Established in 2021 by CEO Parit Patel and CTO Efe Surekli, Zash has gained recognition for providing enterprise-grade, indexed NFT data across 87 distinct marketplaces, spanning Ethereum,  Binance Smart Chain, Polygon, Solana, and Bitcoin Ordinals. CoinGecko, with its vision of tokenizing any asset possible, recognizes the...