The Borderless VC Fund is the flagship venture capital fund that invests in category-leading businesses leveraging Algorand technology or creating economic value in the borderless economy. It eliminates the speculation of blockchain investment by targeting category-leading projects with proven business models, steady revenue, and a strong network effect. Furthermore, the Fund also invests in projects leveraging all the new features of Algorand 2.0, including Algorand Standard Assets (ASA) issued on Algorand Layer 1 protocol and infrastructure projects supporting Algorand.
Canopy, an AI-native blockchain development framework, has announced the completion of an $8.5 million seed funding round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The new funds will be used to support its mainnet launch, expand its engineering team, and advance the development of AI-native development tools and the developer experience. The goal is to compress complex decentralized application development into readable code, enabling both developers and AI coding assistants to rapidly generate complete applications. (Crypto News)
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Crypto News
According to The Block, Brix—a startup focused on tokenizing emerging-market assets—has announced a $5.5 million funding round. Participants include Yapi Kredi’s venture capital arm, FRWRD, IS Asset Management, and crypto investment firms Circle Ventures, ConsenSys, and Borderless Capital. Brix plans to launch on the MegaETH network, aiming to bring traditionally institutional trading strategies—such as Turkish lira arbitrage—on-chain.
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