In recent crypto VC funding news, Praxis raised $54 million in a Series B round, led by Paradigm and joined by other investors like Alameda Research and Three Arrows Capital. Praxis, a company focused on developing physical cities optimized for new societal structures, plans to use the funds to create real-world communities with a focus on technology and societal governance.
Meanwhile, Blockstream, known for its work in blockchain infrastructure, secured $210 million in a Series B round led by Baillie Gifford and iFinex. This funding will help Blockstream continue developing Bitcoin mining hardware and support its expansion into renewable energy-based mining.
Both rounds signal strong interest in projects at the intersection of blockchain technology and societal innovation Show Less
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