and that it had #already raised #nearly half of the targeted amount by that point. 

Soon after, in September, the news came out that the company was in the #process of #raising $100 million for a "Liquid Venture Fund," 

It also claimed that CEO Cheong had "no visibility" on Three #Arrow Capital's #financial statements or conditions.

As reported in July last year, DeFiance Capital said it #was "materially #affected" and "prejudiced" by the liquidation of rival fund 3AC. 

It, however, got hit by the major blow that was the #bankruptcy of the #crypto hedge fund Three Arrows Capital (3AC), and soon distanced itself, claiming to be a separate company operating independently. 

It has backed projects such as Aave, dYdX, Lido, Axie Infinity, #Layer #Zero, Offchain Labs (Arbitrum), and others.

investment firm, claiming "many successful #investments across #DeFi, Web3 gaming, and infrastructure space."   

Cryptonews.com reached out to DeFiance for #comment. What is #DeFiance Capital? Founded in 2020, DeFiance Capital is a Web3 and crypto-focused 

As for the investors who #decided to #back the fund, there was reportedly "a good mix" of them, including crypto funds, family offices, and certain existing investors as well.

The sources told the #news outlet #that the company raised "eight figures," adding that the initial raise came in under $50 million. 

"Crypto generally #peak on #unbridled optimism, bottom on hopeless pessimism. No better time to invest."

The company #confirmed the #news by retweeting the news story on its official Twitter account, as did its founder, crypto investor Arthur Cheong, who wrote: 

The #Block #reported that the crypto investment firm completed the first close of the new fund, citing "two sources with direct knowledge of the matter". 

Source: #AdobeStock / #NicoElNino DeFiance Capital has reportedly raised $100 million for its liquid token fund.

Three Arrows #Capital-Affiliated #Crypto Firm Raises $100 Million for New Liquid Token Fund – Here's What You Need to Know

The #client #application was released last month on the Android play store and will soon be released on IOS Appstore, it added.

(Proof of Ownership) logic, the #Ownership #solution allows physical companies to easily authenticate NFT owners, said the press release. 

#Mercury #Bank boasts in its offering of banking services for #Web3 startups, decentralized autonomous organizations and funds. 

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

The MotoGP #manufacturers have two big technical decisions to make after this weekend’s #Portimao test.

#Ambassador... and his family and friends this month... to enjoy our most beautiful tourism #destinations, connect with our people and enjoy

will visit for a holiday, Saudi #Arabia's Minister of #Tourism Ahmed Al-Khatib said."I am happy to welcome our Tourism 

HT Sports Desk At HT Sports Desk, #passionate reporters work round the clock to #provide detailed updates from the world of sports. 

#Wednesday that Al-Hilal had already made him a "huge offer" to join once his #contract with PSG ends in June. 

#League, after local media reported Al-Hilal and Al-Ittihad's interest in signing the world #champion. The Saudi Sport website reported on

#widely reported to be worth more than 200 #million euros over 2 1/2 years -- led to rumours of a renewed rivalry with Messi in the Saudi 

#Marco Reus and Co. for Schalke derby, despite ‘unlucky’ Chelsea defeat #Coulthard says F1 teams must upgrade to 

#backs Marco Reus and Co. for Schalke derby, despite ‘unlucky’ Chelsea defeat #Borussia Dortmund legend Paul Lambert backs