kingsway

ChainCatcher news, according to market news, the TON Foundation and Kingsway Capital plan to raise $400 million for the Toncoin treasury.

ChainCatcher news, according to TheBlock, following Pantera Capital's disclosure of its investment in TON tokens, Kingsway Capital founder and CEO Manuel Stotz also revealed that the institution's largest holding to date is also TON, and that the venture capital firm began purchasing TON tokens two years ago (earlier than Pantera Capital).Ryze Labs (formerly Sino Global Capital) has also heavily invested in TON tokens, with its founder and managing partner Matthew Graham stating that Ryze Labs has always been a "big buyer" of TON. Additionally, Yat Siu from Animoca Brands mentioned that he purchased the token when the price of TON was below $1, and then made additional purchases at $1, $1.5, and $2.

ChainCatcher news, according to Bloomberg, the anti-witch blockchain network Humanity Protocol announced the completion of a new funding round of $30 million at a valuation of $1 billion, led by Kingsway Capital, with participation from Animoca Brands, Blockchain.com, and Shima Capital. Founder Terence Kwok stated that the company also raised about $1.5 million from influential crypto figures in the "KOL" space. Kwok mentioned that the startup plans to launch its test network in the second quarter, with a waiting list of approximately 500,000 people. When launching its technology, it plans to first release an application that can use smartphone cameras to scan people's palm prints to verify their identity.Additionally, the Web3 asset data platform RootData shows that Humanity Protocol is an anti-witch blockchain network that provides developers with a unique human verification mechanism and offers users complete ownership of their data and identity.

ChainCatcher news, the cryptocurrency exchange Blockchain.com has completed a $110 million Series E strategic financing, led by the UK investment firm Kingsway Capital, with participation from Baillie Gifford, Lakestar, Lightspeed Venture Partners, Coinbase Ventures, and others. Blockchain.com has added two new board members: Manny Stotz, founder and CEO of Kingsway, a long-time cryptocurrency investor and expert, and Nicolas Brand, a partner at Lakestar.According to Bloomberg, citing informed sources, following a valuation of $14 billion in March 2022, the company's valuation has now dropped to below $7 billion. Previously, in October 2022, Kingsway Capital also led another undisclosed financing round for Blockchain.com, which concluded in the third quarter of last year.

ChainCatcher news, Bitcoin financial services company River announced the completion of a $35 million Series B funding round, led by Kingsway Capital, with participation from Peter Thiel, Cygni, Goldcrest, and Valor Equity Partners. (source link)

ChainCatcher news, according to The Block, cryptocurrency exchange Blockchain.com announced that it has completed a new round of strategic financing at the beginning of the third quarter of this year, with the specific amount of financing not yet disclosed. This round of financing was led by Kingsway Capital, with participation from Baillie Gifford and Lightspeed Venture Partners.Previously, ChainCatcher reported that in March of this year, Blockchain.com was valued at $14 billion in a Series D financing round led by Lightspeed Venture Partners, and in April, it revealed plans to launch an IPO as early as this year. (source link)