Search results for Selini Capital
Crypto
Sam Altman\'s biometric authentication startup World raises $52.5 million from cryptocurrency sale
World, an online authentication startup co-founded by Sam Altman, raised $52.5 million by selling WLD tokens to strategic investors, with a 12-month lockup, TechCrunch reported. Investors cannot sell or trade WLD for a year. World said the condition reflects long-term investment in its growth and expanding utility. Proceeds will go to the Cayman Islands-based World Foundation. Pantera Capital led the purchase, with other firms participating.
Crypto
Cambrian raises $6 million seed to build blockchain data oracle
Blockchain data infrastructure startup Cambrian has raised $6 million in a seed round co-led by Franklin Templeton and Polychain Capital. Flow Traders, Selini Capital, Paper Ventures and Nomad Capital also participated, The Block reported. Founded in 2024, Cambrian runs an API providing real-time and historical blockchain data beyond price feeds, including lending protocol data and decentralised exchange liquidity.
Crypto
Polygon-backed Katana blockchain to acquire IDEX, expand into derivatives trading
Katana, a DeFi-focused Ethereum layer-2 blockchain, is acquiring decentralized exchange IDEX to expand the onchain derivatives market, The Block reported on March 23. The Polygon Labs- and GSR-backed project plans to build a new platform, Katana Perps. CEO Matthew Fisher said Katana aims to strengthen its stack and revenue structure and build infrastructure for the onchain perpetual futures market. Terms were not disclosed.