Blockchain - Ukraine Digital News

The Current Wave: New breed of Ukrainian tech entrepreneurs seek success in global markets, Part 5

From Kyiv, to Warsaw, to London, Ukrainian startups continue growing and raising funds

February 28, 2023 February 28, 2023

In yet another sign of resilience amid the war, at least five funding deals involving Ukrainian or Ukrainian-founded startups were reported in the course of February. Finmap landed €1 million in a round led by Polish-American venture fund Smok Ventures, a Warsaw, Poland-based fund. Launched in 2018 by Ukrainian entrepreneurs Ivan Kaunov and Oleksandr Solovei, Finmap is …

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Kyiv-based startup raises $2 million to help blockchain transaction originators keep their profit

February 16, 2023 March 6, 2023

Ukrainian DeFi startup Kolibrio has announced its first round of funding, having raised $2 million from a consortium of Web3 investors. Jump Crypto led the round, with participation from Delta Fund and Everstake Capital alongside unnamed individual investors. The company is developing a solution to help blockchain transaction originators “get ownership of the order flow they …

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Ukrainian-founded Web3 startups raised $1 billion in four years

November 16, 2022 November 20, 2022

While Ukraine ranks third worldwide in the 2022 Global Crypto Adoption Index, Web3 startups with roots in this country raised nearly $1 billion in investments over the past four years. This and other interesting facts and numbers are contained in a report just published by Hypra, a Lisbon-based Web3 fund with a Ukrainian team. According to this …

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Ukrainian pro-crypto groups announce Web3 roadmap

November 15, 2022 November 21, 2022

Blockchain4Ukraine — a group of pro-crypto Ukrainian lawmakers — and the public union Virtual Assets of Ukraine (VAU) revealed a joint roadmap for promoting and developing Web3 in the country. The document was signed by its co-authors on Nov. 14, reports Forklog.com The roadmap proposes a set of measures for promoting Web3, such as the launch of …

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Newly launched Ukrainian startup “leverages the power of NFTs for charities”

September 21, 2022 September 21, 2022

3×4, a Ukrainian-founded Web3 fundraising platform for non-profits, is launching its first campaign to support Children of Heroes. Teaming up with artists, this charity helps children who lost one or both parents during the war in Ukraine. It claims to have already supported 725 children as of Sept. 15, 2022. 3×4 is now raising funds …

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‘The Revival Project’ showcases charitable NFTs to preserve Ukraine’s cultural heritage

August 25, 2022 August 28, 2022

On August 23 — the eve of Ukraine’s Independence Day — Ukrainian creative content provider Depositphotos introduced The Revival Project, in partnership with NFT charity gallery Meta History and the Ministry of Culture and Information Policy of Ukraine. “Since February 24, 2022, over 450 cases of russian [non capitalized] war crimes against the cultural heritage of …

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Stuck in Kyiv, Ukrainian co-founder sees his company Unstoppable Domains become a unicorn in Silicon Valley

August 3, 2022 August 3, 2022

Last week Unstoppable Domains, a San Francisco-headquartered company incepted four years ago, announced the completion of a $65 million funding round involving 19 investors and bringing its valuation to more than $1 billion. The new unicorn specializes in “domains secured by blockchains”with such extensions as .crypto, .nft, .x, .wallet, .blockchain, etc. These domains are “more than …

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Ukrainian startup raises $900,000 to create NFT-supporting fan engagement apps

September 16, 2021 September 17, 2021

Earlier this month Blocksport, a startup developing mobile apps for teams to find and attract sponsors, sell merchandise or collect data about their fans, attracted $900,000. The Chinese venture capital firm Panda Capital, the US fund Aves Lair, Switzerland’s CV VC and smaller investors contributed $500,000 to the round while $400,000 came from token sales. …

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Report: Ukraine and Eastern Europe plagued by crypto scams

September 3, 2021 November 28, 2021

Earlier this week Chainalyis published the key findings of their 2021 Geography of Cryptocurrency report. According to this research, Eastern Europe is severely affected by illicit cryptocurrency-related activity. In relative terms, the region is second after Africa in terms of exposure — but its overall crypto economy is much larger than that of Africa. Ukraine accounted for “most of …

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Zerion secures $8.2 million to make decentralized finance accessible to all

July 14, 2021 July 15, 2021

Last week Zerion, a Californian decentralized finance (DeFi) startup with Russian and Ukrainian founders,announcedthe completion of a $8.2 million round. Led by Mosaic Ventures, the deal also involved Placeholder, Lightspeed, Blockchain.com Ventures and organizations — as well as a dozen of individual investors from the crypto community. Zerion touts its investing app as “the simplest …

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Born in Ukraine and raised in Silicon Valley, DMarket secures $6.5 million to “build a user-owned gaming economy”

June 18, 2020 June 18, 2020

DMarket, a Ukraine-born startup that uses blockchain to “build a user-owned gaming economy,” has just attracted $6.5 million in equity funding. The round was led by Almaz Capital with participation from video game company Xsolla. No details of the deal were disclosed. Now headquartered in California, DMarket has developed a platform that “enables transparent and secure buying, selling, and …

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Ukrainian government and parliament take new steps to support crypto industry

December 26, 2019 December 26, 2019

Earlier this month the Verkhovna Rada, Ukraine’s legislature, approved amendments for “the prevention of the legalization of proceeds from crime and the financing of terrorism and weapons of mass destruction proliferation .” Supported by a significant majority in the Rada, these amendments introduce legal terms and definitions pertaining to the crypto space. As reported by …

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