Blockchain Brew (6.10.2022)

Cryptocurrency Capital Raises

Felix Capital Raises $600 Million

  • $600 Million raised to invest in cryptocurrency and web3
  • Felix Capital looking to back 20–25 companies in the early and growth stages

Delphia Data raises $60 Million

  • This Series A funding will help launch the native Delphia Data token
  • Investors include Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, and Cumberland

Orderly raises $20M

  • Three Arrows Capital, Pantera Capital, Dragonfly Capital, Sequoia China, Jump Crypto, Alameda Research, GSR Ventures, and MetaWeb.VC all joined in this funding round
  • focusing on hiring staff, developing products, and establishing partnerships in order to launch lending pools

Cryptocurrency Regulation News

US Senators Unveil Bill to Regulate Cryptocurrency

  • Bill would establish new rules for “stablecoins” — require issuers to maintain high-quality liquid assets equal to the value of all outstanding stablecoins

Bitcoin — Digital Asset Regulation

  • The Commodity Futures Trading Commission (CFTC) will be the major body overseeing digital assets not the Securities and Exchange Commission (SEC)

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