Crypto Fundraising weekly
Dates: 18 – 24, Jan 2021

This week's biggest funding round

Mercado Bitcoin raised $38M in a funding round from Parallax Ventures, Banco Genial (ex Plural), Evora Fund.

Mercado Bitcoin is the largest cryptocurrency platform in Latin America and the only Latin American Crypto Unicorn, offering a diverse portfolio of selected cryptocurrencies, digital assets with global partners, and assets created from their own strategies to democratize access to cryptocurrencies and digital assets, allowing users to diversify and reinvent their portfolios. They are Brazil's leading cryptocurrency exchange and one of the world's most trusted exchanges in 2020.

Pre-seed and Seed investment rounds

Nayms raised $2.1M in a Seed funding round from XBTO Group*, Coinbase Ventures, Maven 11 Capital.

Nayms is the first fully-regulated marketplace for on-chain insurance, allowing regulated brokers and underwriters to find digital asset capital providers to share in the premium and liability entailed in covering digital asset risk. It is a platform that uses blockchain technology to extend traditional risk markets and take risk pricing and management to a new level. Nayms is structured as a Segregated Accounts Company (SAC) and holds both a Digital Asset Business License and Innovative General Business Insurance License.

Saddle Finance raised $4.3M in a Seed funding round from Polychain Capital, Framework Ventures, Electric Capital.

Saddle is an automated market maker optimized for trading between pegged value crypto assets.

* fund, that lead investment round