Crypto VC funding: Dragonfly Capital backs Codex in $16m round
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Apr 06 2025Funding Announcements: Several startups in the AI, blockchain, and fintech sectors have secured funding, with Codex leading at $15.8 million, followed by The9 Limited ($8 million), Ambient ($7.2 million), Cambrian Network ($5.9 million), and Mahojin ($5 million).
Investment Participation: Notable investors include Dragonfly Capital, a16z's Crypto Startup Accelerator, and various cryptocurrency investment funds, highlighting a growing interest in innovative projects that merge technology and finance.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
