Crypto Fundraising weekly
Dates: 16 – 22, Dec 2019

This week's biggest funding round

XRP raised $200M in a Series C funding round from Tetragon Financial Group Limited*, Bossanova Investimentos, SBI Investment, Route 66 Ventures.

Pre-seed and Seed investment rounds

ZenLedger raised $3.4M in a Seed funding round from Vestigo Ventures*, Castle Island Ventures, gumi Cryptos Capital (gCC).

Chipper Cash raised $6M in a Seed funding round from Deciens Capital*, 500 Startups (500 Global), Liquid 2 Ventures.

TradeWindow raised $1.7M in a Seed funding round from ASB Bank*.

Other investment rounds

FTX Trading raised undisclosed amount in a Strategic  funding round from Binance Labs Fund.

FTX is a fast-growing cryptocurrency exchange that offers advanced trading options like margin and futures trading.

Maker raised $27.5M in a Strategic  funding round from Paradigm, Dragonfly Capital.

MakerDAO raised $27.5M in a  funding round from Dragonfly Capital*, Paradigm*.

Maker DAO is an Ethereum-based decentralized protocol enabling collateral-backed loans without intermediaries. It uses two tokens, DAI (a stablecoin) and MKR (a governance token), and operates through a system of collateralized debt positions (CDPs) where users lock in Ether to generate DAI stablecoins. MKR token holders have governance rights over the MakerDAO protocol, while DAI offers a stable alternative to volatile cryptocurrencies, created through over-collateralized loans.

Alchemy raised $15M in a Series A  funding round from Pantera Capital*, Coinbase Ventures, Balaji Srinivasan, Samsung Next, Kenetic, Paul Veradittakit, Naval Ravikant, Mayfield, Dreamers VC, SignalFire, Reid Hoffman, Peter Thiel, Kevin Hartz.

Alchemy is a Web3 developer platform focused on making blockchain development easy.

* fund, that lead investment round