15m Series Pantera CapitalMcsweeney Leads $15M Series A Equity Round for 0x Labs
15m Series Pantera CapitalMcsweeney has led a $15M Series A equity round for 0x Labs, the startup behind the 0x exchange protocol. The company provides decentralized exchange infrastructure. The investment is the largest ever for a crypto startup. The company is now value is $1 billion.
Cross-Chain Functionality
15m Series Pantera CapitalMcsweeney has raised $15 million in a Series A round led by Pantera Capital McSweeny. The company plans to use the money to expand its network and improve its platform. It already has a number of products, such as a Matcha token search service and a platform for API liquidity. It also plans to integrate additional chains and invest in cross-chain functionality. Additionally, the company plans to extend the functionality of its 0x API service, which powers the ShapeShift exchange.
Highly Motivated Team
15m Series Pantera CapitalMcsweeney company has a highly motivated team and is back by a group of experience digital currency investors. The company has already made significant technical contributions to the Ethereum protocol, and has helped set the NFT token standard. This funding is part of the company’s plan to build a decentralized ecosystem that enables financial transactions.
15m Series Pantera CapitalMcsweeney funding comes at a time when the market for decentralized exchanges has soared. In January, decentralized exchanges posted their highest monthly volume on record – north of $60 billion. This shows that this technology is catching the attention of a small but growing segment of the market.
Crypto Currency Industry
Pantera Capital is one of the biggest hedge funds in the crypto currency industry. Its first fund was launched in 2013 when Bitcoin was worth $65 and also now manages $4.5 billion in assets. The fund has been raised to invest in digital tokens and also equity companies, and Pantera hopes to attract institutional investors.
Digital Identity Mark-Ups
Unstoppable Domains has raised $65 million in Series A funding, giving it a $1 billion valuation. The company’s mission is to make digital identity mark-ups easy and frictionless. The company has already raised $80 million in sales since its launch and also now has more than 2.5 million registered NFT domains. The funding round was led by Pantera Capital. Other investors included Polygon, Alchemy Ventures, and Redbeard Ventures. The company also had prior investors like Draper and Boost VC.
The funding comes on the heels of a number of other rounds of funding by Web3 tech companies. In June, Solana Ventures invested $100 million in Web3 technologies. By the end of the month, Brave Group Inc. closed a $10 million seed round. The company has also partnered with MoonPay, where its NFT domains will be used in transactions.
Build New Partnerships
The company is also planning to expand its team and also build new partnerships. Its web3 platform offers NFT domains that can be used to replace crypto wallet addresses, log into Web3 applications, and even register for top-level domains. It also has a platform for decentralized digital identity.
The funding will allow the company to accelerate product innovation and forge partnerships in the web3 space. The company aims to bring web3 technology to the masses. With its new funding, the company will continue to build on its mission of empowering individuals to take control of their digital identities. By providing infrastructure and also services to NFT domains, Unstoppable Domains hopes to transform the internet.
NFT-Based Domains to Websites
Unstoppable Domains is a web3 startup that sells NFT-based domains to websites. The company is also developing web3 identity solutions, such as a blockchain-based identity platform. The startup has raised $65 million in a Series A round led by Pantera Capital. The company provides users with a secure and decentralized identity on the Web3. The company generated $80 million in sales in its first year of operations.
Round of Funding
The company’s post-Series A round of funding has pushed the company’s valuation to $1 billion. The new funds will be used to improve the user experience for crypto payments, build reputation-base reward programs, and also develop digital identity markers as non-fungible tokens. Pantera Capital led the funding round, and also prior investors like Polygon and also Alchemy Ventures also participated.
Unstoppable Domains is a block chain-based identity platform that offers user-controlled digital identities. It has a network of over 2.5 million registered NFT domains. With no renewal fees, these domains give users full ownership of their digital identity. They also help users replace lengthy crypto wallet addresses with human-readable names. The company also aims to make crypto transfers easier and more secure.
Conclusion:
The company has raised $65 million in Series A funding. The unstoppable domains company has now reached unicorn status, with the post valuation of $1 billion. Among its major competitors, Ethereum Name Service has already surpassed IP Partners in trading volumes. The blockchain technology is a significant force for many industries.
