$922.6MM – Oooh so close. Just shy of the $1B mark for this week. Fireblocks is the winner this week, hauling in $310MM to support their efforts in removing the complexity of working with digital assets.
There are also exciting developments in the mining sector as well as with digital wallets. As these dollars go to work, we will begin to see better products and services become available.
Globally, the world of finance is being transformed right before our very eyes. So don’t you dare blink.
Low Tier ($20.6MM)
Ethereum-based project EthSign raised $650K in seed funding to put signed documents on the blockchain
Solana-based stablecoin exchange Saber raised $7.7MM from Chamath Palihapitiya’s Social Capital and others
Blockchain developer platform Biconomy raised $9MM, led by Mechanism Capital
Mid Tier ($157MM)
Bitcoin rewards app Lolli closed a $10MM investment round
NFT sports card marketplace Dibbs announced $13MM Series A round
Multiverse secured $15MM investment from Samsung Next, leading blockchain VCs
a16z led $20MM Series A for digital wallet Valora
Vauld raised $25MM to help global users build Crypto wealth
EU entrusts $30MM to new blockchain and digital assets fund, Fabric Ventures
Core Scientific secured $54MM investment from Crypto lender Celsius
High Tier ($745MM)
DeFi industry draws in commercial banks? Siam bets with $110MM fund
Bitcoin mining firm Genesis Digital raised $125MM to expand mining operations
Ripple client Nium raked in $200MM from investors, becoming a “Unicorn”
Crypto unicorn Fireblocks now valued at $2B following a $310MM Series D