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Cathay Innovation starts new crypto $110M fund – Ledger Cathay Capital

The $1.5 billion venture capital firm is entering the crypto market with a new $110 million fund dedicated to the sector that it will operate jointly with Ledger, a French startup focused on digital asset security, said Cathay co-founder Dennis Barrier.

E-Commerce startup Silvr raised Series A round of $21M

And Silvr doesn’t necessarily replace VC money, as 35% of Silvr’s clients have raised capital from VC funds. When a company applies to unlock some credit with Silvr, they grant access to various data sources — the corporate bank account.