Symbolic of the immense venture capital-led interest in the blockchain and crypto ecosystem at present, the past day saw three startups announce successful fundraising rounds that closed for more than $55 million combined.
Responsible for the bulk of this total was Anchorage, a cryptocurrency custody provider for institutional investors. It announced a successfully completed series B venture round worth $40 million, which was led by Blockchain Capital and participated in by payments giant Visa and existing investor Andreessen Horowitz, among others.
Near – the creators of NEAR Protocol, a developer-friendly platform for building decentralized applications (DApps) – was another to announce the completion of a venture round. Its round, which was oversubscribed and worth $12.1 million, was led by Metastable and Accomplice. A number of other notable cryptoasset venture funds also participated, such as Multicoin Capital and Coinbase Ventures.
Finally, Nebulous – the entity developing the Sia Network, a leading decentralized cloud storage platform – raised $3.5 million in Bain Capital Ventures-led pre-series A funding round. Announced through CoinDesk, the Boston-based blockchain startup was invested into by other “participants like Bessemer Venture Partners and Dragonfly Capital Partners.”