Burnt Finance raises $8M led by Animoca Brands, launches DeFi-oriented NFT marketplace

Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they’d minted for it for $400,000, double what it cost on the ‘normal’ open art market. Based on the idea that auctions for NFTs could be improved, it went on to raise $3 million for a […]

Stacked raises $35M to bring passive investing tools to retail crypto traders

Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW Venture […]