
The cryptocurrency industry is attracting an increasing number of institutional players. This is evidenced by new investments in infrastructure, and the increasing attention that companies are showing to bitcoin as an asset class. The most important events of recent weeks are in the Cryplogger review.
Sam Altman’s Worldcoin raises $115 million
The Tools for Humanity team, which includes the developers behind Sam Altman’s startup Worldcoin, has raised $115 million in a Series C funding round led by Blockchain Capital.
Other investors include Andreessen Horowitz, Bain Capital Crypto and Distributed Global.
According to the company, the funds will help accelerate the development and development of Worldcoin, as well as the commission-free World App wallet.
The core product of Worldcoin is the World ID protocol, which is based on zero-knowledge proofs. With the help of development, it is possible to pass verification using the retina of the eye, while not sacrificing anonymity.
Startup Auradine raises $81 million in a round with the participation of Marathon Digital
Privacy and artificial intelligence-focused blockchain project Auradine closed an $81 million Series A funding round led by venture capital firms Celesta Capital and Mayfield.
Cryptocurrency mining company Marathon Digital Holdings also invested in the startup along with Stanford University, Cota Capital and DCVC.
Auradine develops “breakthrough solutions in scalability, resilience and security.”
The company is based in Santa Clara, California and has more than 40 employees, including software engineers and cybersecurity specialists from Palo Alto Networks, Marvell, Intel, Google and Wells Fargo.
“Our first product will be a system-level solution with software and cloud storage management capabilities focused on blockchain security applications,” said Auradine co-founder and CEO Rajiv Khemani.
The startup will introduce its first product in the summer of 2023 and will focus on customer service in the financial and healthcare sectors.
Bitcoin startup River Financial raises $35 million
Bitcoin-focused startup River Financial has raised $35M in a Series B funding round led by Kingsway Capital.
Other investors include PayPal co-founder Peter Thiel, Cygni, Goldcrest and Valor Equity Partners. Representatives of the startup did not disclose its valuation.
Based in Columbus, Ohio, the company offers a range of bitcoin-focused services: brokerage, custodial solutions, mining, wallets, and infrastructure elements for interacting with the Lightning Network.
The head of River Financial, Alex Leishman, is confident in a “new wave of interest in bitcoin,” which “this time is not a hype” and is largely driven by institutional adoption.
“The bankruptcies and bailouts this year have been a wake-up call that exposes cracks in the traditional financial system and reminds us why bitcoin is so important – it is a safe path to a stronger and more transparent global economy,” he said.
A start-up with a staff of 45 will use the funds raised to expand the range of services, invest in infrastructure products and mining.
Eco-miner Soluna raises $14 million in funding
Mining green data center provider Soluna Holdings has raised $14 million from Navitas Global.
The funds received will be used to develop the Dorothy 1B project for the extraction of digital assets, which is based in Texas, USA.
Under the terms of the deal, Soluna will receive a $2 million loan to complete the 25 MW facility. The rest of the funds will come in the form of investments.
The mining company will retain a 51% stake in the new project, providing the other contributors with “expertise in operation and maintenance.”
Soluna’s management predicts that by the end of 2023, the company will be able to become profitable.
Jack Dorsey leads $6 million investment round for Azteco
Block CEO Jack Dorsey has led a $6 million seed funding round for crypto payments company Azteco.
Other investors include Lightning Ventures, Hivemind Ventures, Ride Wave Ventures, Aleka Capital, Visary Capital, Gaingels and entrepreneur Sunil Rajaraman.
“My contribution to Azteco comes from a deep respect for their mission,” Dorsey said.
Azteco is a start-up focused on regions with “unreliable and unstable economies.” The company issues so-called “vouchers” for bitcoins, which can be exchanged for fiat at special outlets or online.
The service will appear in 195 countries where access to digital assets is limited due to the predominance of cash and underdeveloped electronic banking.
According to Azteco plans, the project will also make it easier to buy the first cryptocurrency over the Internet, without requiring you to create an account or go through a full process. KYC.
Also on Cryplogger:
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!

The cryptocurrency industry is attracting an increasing number of institutional players. This is evidenced by new investments in infrastructure, and the increasing attention that companies are showing to bitcoin as an asset class. The most important events of recent weeks are in the Cryplogger review.
Sam Altman’s Worldcoin raises $115 million
The Tools for Humanity team, which includes the developers behind Sam Altman’s startup Worldcoin, has raised $115 million in a Series C funding round led by Blockchain Capital.
Other investors include Andreessen Horowitz, Bain Capital Crypto and Distributed Global.
According to the company, the funds will help accelerate the development and development of Worldcoin, as well as the commission-free World App wallet.
The core product of Worldcoin is the World ID protocol, which is based on zero-knowledge proofs. With the help of development, it is possible to pass verification using the retina of the eye, while not sacrificing anonymity.
Startup Auradine raises $81 million in a round with the participation of Marathon Digital
Privacy and artificial intelligence-focused blockchain project Auradine closed an $81 million Series A funding round led by venture capital firms Celesta Capital and Mayfield.
Cryptocurrency mining company Marathon Digital Holdings also invested in the startup along with Stanford University, Cota Capital and DCVC.
Auradine develops “breakthrough solutions in scalability, resilience and security.”
The company is based in Santa Clara, California and has more than 40 employees, including software engineers and cybersecurity specialists from Palo Alto Networks, Marvell, Intel, Google and Wells Fargo.
“Our first product will be a system-level solution with software and cloud storage management capabilities focused on blockchain security applications,” said Auradine co-founder and CEO Rajiv Khemani.
The startup will introduce its first product in the summer of 2023 and will focus on customer service in the financial and healthcare sectors.
Bitcoin startup River Financial raises $35 million
Bitcoin-focused startup River Financial has raised $35M in a Series B funding round led by Kingsway Capital.
Other investors include PayPal co-founder Peter Thiel, Cygni, Goldcrest and Valor Equity Partners. Representatives of the startup did not disclose its valuation.
Based in Columbus, Ohio, the company offers a range of bitcoin-focused services: brokerage, custodial solutions, mining, wallets, and infrastructure elements for interacting with the Lightning Network.
The head of River Financial, Alex Leishman, is confident in a “new wave of interest in bitcoin,” which “this time is not a hype” and is largely driven by institutional adoption.
“The bankruptcies and bailouts this year have been a wake-up call that exposes cracks in the traditional financial system and reminds us why bitcoin is so important – it is a safe path to a stronger and more transparent global economy,” he said.
A start-up with a staff of 45 will use the funds raised to expand the range of services, invest in infrastructure products and mining.
Eco-miner Soluna raises $14 million in funding
Mining green data center provider Soluna Holdings has raised $14 million from Navitas Global.
The funds received will be used to develop the Dorothy 1B project for the extraction of digital assets, which is based in Texas, USA.
Under the terms of the deal, Soluna will receive a $2 million loan to complete the 25 MW facility. The rest of the funds will come in the form of investments.
The mining company will retain a 51% stake in the new project, providing the other contributors with “expertise in operation and maintenance.”
Soluna’s management predicts that by the end of 2023, the company will be able to become profitable.
Jack Dorsey leads $6 million investment round for Azteco
Block CEO Jack Dorsey has led a $6 million seed funding round for crypto payments company Azteco.
Other investors include Lightning Ventures, Hivemind Ventures, Ride Wave Ventures, Aleka Capital, Visary Capital, Gaingels and entrepreneur Sunil Rajaraman.
“My contribution to Azteco comes from a deep respect for their mission,” Dorsey said.
Azteco is a start-up focused on regions with “unreliable and unstable economies.” The company issues so-called “vouchers” for bitcoins, which can be exchanged for fiat at special outlets or online.
The service will appear in 195 countries where access to digital assets is limited due to the predominance of cash and underdeveloped electronic banking.
According to Azteco plans, the project will also make it easier to buy the first cryptocurrency over the Internet, without requiring you to create an account or go through a full process. KYC.
Also on Cryplogger:
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!