It would have been hard to beat last week’s Blowout Billions if it had not been for the $1B that flowed into Digital Asset and Blockchain Technology projects this week. NFT, Metaverse, DeFi, and Gaming by far were the winners as those sectors continue to gain attention from investors.
Low Tier ($39.05MM)
Green Beli raised $1.1MM for its eco-friendly NFT gaming project
Solana-based Grape protocol raised $1.2MM in seed funding
Coinrule raised $2.2MM to enhance its automated crypto trading platform
Polkadot Web3 wallet Talisman closed a $2.35MM seed funding round
Kawaii Islands raised $2.4MM to release anime NFT Metaverse
DAO infrastructure platform Layer3 raised $2.5MM in seed funding
Crypto treasury management platform Coinshift raises $2.5 million in seed funding
‘Inclusive DeFi’ Startup Angle Labs announced $5MM seed round led by a16z
Filecoin Group Grants $5.8 Million to Edward Snowden's Press Freedom Foundation
XDEFI secured $6MM in funding, teases DeFi-era wallet release
Nahmii raised $8MM, launches solution to boost Ethereum accessibility for institutions
Mid Tier ($213.9MM)
Social token provider Roll raised $10MM to tokenize online interaction
African crypto exchange Yellow Card closed $15MM Series A
Bit2Me raised $23.9MM in minutes securing the future of Spain’s fastest-growing exchange
Crypto asset manager Cobo raised $40MM to launch DeFi-as-a-service
Facebook launched $50MM fund for Metaverse research
SBI, Sygnum and Azimut found new $75MM fund
High Tier ($350MM)
Emurgo launched a $100MM investment fund to power DeFi and NFT projects building on Cardano
Ripple launched a $250MM fund for NFT creators
In addition, private equity firm KKR invests in DeFi and Blockchain-focused ParaFi Capital and several grants were given: BitMEX announced two new grants to Bitcoin developers; RippleX announced first XRPL grants; Buterin’s SHIB donated $76MM in SHIB which were converted into Stablecoins