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PayPal Ventures, the global venture capital arm of PayPal, has announced an additional investment in Chaos Labs, an industry leader in on-chain risk management. This investment highlights PayPal Ventures' confidence in Chaos Labs' potential and its blockchain offerings. Omer Goldberg, CEO and founder of Chaos Labs, said: "We are pleased to have the strong confidence and additional support of the PayPal Ventures team. Edge by Chaos is the culmination of our work and expertise across the company. ...
Venture capital arm Point72 Ventures is shifting its focus to artificial intelligence and defence technology start-ups after laying off five investors focused on fintech and cryptocurrency, according to people familiar with the matter. The move is part of a strategic shift aimed at optimising the allocation of resources and seizing the biggest opportunities in the market. The departures include three fintech experts and two members of Point72 Ventures' digital asset team. Partners Tripp Shriner ...
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