US EditionSolana’s Early Backer, $2 Billion RockawayX, Launches New $125 Million Fund
- U.S.-Based social gaming platform BitNile.com will launch its Nile Coin on May 1, 2025.
- The company ventures into blockchain technology to enhance user engagement and platform infrastructure.
- BitNile.com selected the Solana blockchain for its high performance, speed, and scalability.
- CEO Joe Spaziano stated Solana offers an "ideal foundation" for the launch.
- The launch aims to enhance platform offerings and improve user interaction within the gaming environment.
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crypto.newsMagicBlock raises $7.5M to power on-chain games on Solana
MagicBlock has secured $7.5 million in a seed funding round to support the development of real-time, fully on-chain applications on Solana. The company’s Apr. 25 fundraising announcement named Lightspeed Faction as the lead investor, with participation from Delphi Digital, Robot Ventures, Maven11, M...
Investment Firm RockawayX Gets $125M for Early-Stage Fund for Solana Projects - WorldNL Magazine
In brief Rockaway X has raised $125 million for its latest early-stage venture capital fund. The fund will primarily support projects building on Solana. The firm’s push to invest in projects building on Solana comes at a time when users’ interest in the layer 1 blockchain is cooling. Investment firm RockawayX has successfully secured $125 million for a new early-stage venture capital fund, intended to support crypto-focused communities, particu…
Major Boost: Solana Startups Secure $125M RockawayX Fund
Exciting news is buzzing in the crypto world! A significant investment is set to pour into the burgeoning Solana ecosystem, specifically targeting early-stage projects. Crypto venture capital firm RockawayX has announced a substantial $125 million fund dedicated to supporting Solana startups. This move highlights the continued confidence institutional investors have in the potential of the Solana blockchain and its potential for innovation. Unde…
Crypto VC RockawayX Closes $125M Second Fund Focused on Solana-Based Projects
Quick take: Rockawayx began raising the funds in March 2024, with a majority of the $125 million secured in Q4 2024 and Q1 2025. The new fund is backed by Rockaway Capital, which anchored the firm’s first fund, alongside a mix of family offices, private equity firms, high-net-worth individuals and crypto founders. Roughly 20% of the new fund has already been invested into projects including DoubleZero, Exponent, Hyperlend, Silhouette, Fragmetri…
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