Telegram CEO Pavel Durov emphasizes The Open Network (TON) as Telegram's backbone, supported by $400M from VCs.
Sequoia and a16z lead a $1.2bn investment surge into crypto projects, heralding a new era in January.
Phantom Wallet raises $150 million in Series C round, valued at $3 billion, led by Sequoia and Paradigm with participation from a16z and Variant.
SoSoValue secures $15 million in Series A round, reaching a $200 million valuation. Major backers include HongShan and SmallSpark.ai.
OpenAI Co-Founder Ilya Sutskever's Safe AI startup, Safe Superintelligence, raised $1 billion from investors like NFDG, a16z, and Sequoia.
Bridge, led by ex-Square and Coinbase executives, raised $58 million from Sequoia, Ribbit, and Index to boost its global stablecoin payment network.
Safe, a crypto wallet infrastructure provider, has acquired the intellectual property and team of Sequoia-backed Multis. The former CEO of Multis will join Safe as a core contributor.
