Polychain Capital founder and CEO Olaf Carlson-Wee, one of the investors in Axelar's latest round (CoinDesk archives)
Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation
Polychain Capital and Dragonfly Capital were among the investors in the company building a network to connect users, assets and decentralized applications across multiple bloc...
Polychain Capital founder and CEO Olaf Carlson-Wee, one of the investors in Axelar's latest round (CoinDesk archives)

Algorand signage inside the Drone Racing League arena. (DRL)
Algorand Foundation Appoints JPMorgan, Nasdaq Alum Staci Warden as CEO
Warden replaces Sean Lee at the payments-focused blockchain.
Algorand signage inside the Drone Racing League arena. (DRL)

Algorand signage inside the Drone Racing League arena. (DRL)
Drone Racing League Zooms Into Metaverse, Bringing ‘Play to Earn’ to Algorand
The league’s partnership with Playground Labs will be the first play-to-earn competition of its kind on the Algorand blockchain.
Algorand signage inside the Drone Racing League arena. (DRL)

ALGO tokens were among the few climbers on Thursday. (Shutterstock)
Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi
The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on Thursday.
ALGO tokens were among the few climbers on Thursday. (Shutterstock)

(via Pixabay)
Alts Find It Tough to Beat Layer 1 King Ethereum
Big investors looking beyond bitcoin may take their first baby steps into ether, which has so far outperformed its layer 1 alternatives. But for how long?
(via Pixabay)

Algorand Foundation Launches $300M DeFi Innovation Fund
Borderless Capital Launches $500M Algorand-Focused Fund
The fund will look to invest in a range of DeFi and NFT projects built on the Algorand blockchain network.
Algorand Foundation Launches $300M DeFi Innovation Fund

Venture Capital  (Getty Images)
Citi Veteran Launches $1.5B Crypto Fund With Algorand as Strategic Partner
The fund includes a play-to-earn gaming arm that will be headed by former Goldman Sachs analyst Sam Peurifoy, known in gaming circles as “Das Kapitalist.”
Venture Capital  (Getty Images)

C3 wants to be a hub for cross-chain DeFi. (Jainath Ponnala/Unsplash)
Algorand Project Raises $3.6M to Make Cross-Chain DeFi Friendly for Big Investors
C3 will operate a cross-chain clearing engine in the same way prime brokers act as a hub for collateral management in traditional finance.
C3 wants to be a hub for cross-chain DeFi. (Jainath Ponnala/Unsplash)

(Shutterstock)
Makor Capital Raises $17M in Series A Funding to Grow Brokerage Platform Enigma
The round valued Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.
(Shutterstock)

(Stefan Cosma/Unsplash)
DeFi for the Small Guy: Algorand-Based Tinyman Raises $2.5M Ahead of DEX Launch
Borderless Capital, Arrington Capital and others are looking to kickstart DeFi on the speedy Algorand blockchain.
(Stefan Cosma/Unsplash)