Card1Ventures has invested $4m in Node40, a blockchain infrastructure firm, in a bid to help the company expand its product offering and grow its presence in the blockchain industry. Node40 specialises in the deployment and management of blockchain nodes and has been instrumental in the adoption of blockchain technology by businesses worldwide. The investment from Card1Ventures will enable Node40 to incorporate support for a wider range of blockchain protocols and launch innovative services, such as decentralised finance solutions. The strategic funding will also help the company strengthen its global presence and bolster marketing initiatives.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Card1Ventures, Led by Gary Cardone, Invests $4 Million into Node40 to Accelerate Expansion and Innovation in Blockchain Infrastructure
-
Wechat scan to share
Recommended for you
-
Web3 game Shadow War completes $5 million financing, led by Momentum 6
Game studio Patriots Division has raised $5 million in seed and Series A financing for its Web3 game Shadow War. The Series A funding was led by Momentum 6, with participation from iAngels, Cointelligence Fund, Xborg, Andromeda VC, Cogitent Ventures, and Cluster Capital. -
CoreWeave, an AI cloud service provider, completes $1.1 billion Series C financing led by Coatue
CoreWeave, a cloud service provider focusing on artificial intelligence, announced the completion of a $110 million Series C financing round. Coatue led this round of financing, with Magnetar (the main investor in the previous round), Altimeter Capital, Fidelity Management & Research Company, and Lykos Global Management participating. -
CZ sentenced: A chronology of Binance’s legal battles in the US
Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws.
-
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
-
Barcelona-based Web3 Video Games Startup GFAL Raises $3.2M in Seed Funding to Expand Team and Accelerate Production Plans
Barcelona-based startup GFAL has secured $3.2 million in seed funding from investors including Supercell Ltd and Mitch Lasky. The company plans to use the funds to expand its team and accelerate its game production plans, which leverage AI and Web3 technology for immersive gameplay. GFAL's Elemental Raiders mobile game soft-launched in March 2023, with plans to build on this for a 2024 launch. CEO Manel Sort expressed gratitude for the investment and excitement to work with former colleagues from Digital Chocolate. -
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.
-
On-chain content distribution agreement Metale Protocol completes additional $2 million in seed round financing
Metale Protocol, a content distribution protocol on the blockchain, announced the completion of an additional $2 million seed round of financing. Waterdrip Capital led the investment, with participation from Aipollo Investment and Ultiverse. As of now, the total size of its seed round financing has reached $4 million. Metale Protocol was formerly known as Read2N, a Web3 decentralized reading application. The new funds will be allocated to its content creation fund to stimulate more content creation activities and promote the construction of its protocol as a platform for issuing and distributing content assets on the blockchain. -
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom.
-
DWF Ventures announces investment in blockchain game developer Overworld
DWF Ventures announced an investment in Overworld, a chain game developer. Overworld recently announced plans to launch another NFT series, and in addition, Overworld will soon launch the main world arena. -
Cryptool invests $2 million in digital currency trading platform Bittime
On May 1st, investment firm Cryptool invested $2 million in cryptocurrency trading platform Bittime in Series A funding. Founded in 2017, Cryptool focuses on first and second-level investments in digital currency, with a total investment of $30 million by 2023.
Daily Must-Read
-
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
-
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
-
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
-
USA to forge AI partnership with Nigeria for economic growth
-
Bitcoin halving 2024: 5 ways it’s different this time
-
The 2024 Bitcoin halving is the “most bullish” setup for BTC price
All Comments