While the funding levels didn’t quite reach last week's lofty numbers, $3.2B is headed toward Digital Assets and Blockchain Technology projects. This was driven primarily by FTX seeking $1.5B in new funding.
It appears this week's theme is banking and trading platforms or as I call them on-ramps. A lot of the funding will go to improve those platforms and make it possible for more people to #GetOffZero.
Low Tier ($15.9MM)
PlatoFarm secured $1.8MM in seed round finance
Safle multi-chain identity wallet secured $4MM in private funding round
Mnemonic raised $4MM to launch B2B API platform focused on NFT's
Starly secured $6.1MM on pre-IDO, Spartan Group led round
Alameda, Animoca, and more invest $6.5MM in Rainmaker to boost play-to-earn Crypto gaming
Mid Tier ($348MM)
DeFi trading platform Slingshot raised $15MM in Series A led by Ribbit Capital
Microsoft injects $27MM investment in crypto startup Palm NFT Studio
Evan Fisher left Insight Ventures to start $30MM Crypto fund PortalVC
Alameda Research led a $35MM fundraise for crypto trading app Stacked
Alameda Ventures, Jump Capital Co-led $35M Series A for Paradigm.co
a16z invests $36MM in a Web3 infrastructure startup Mysten Labs founded by four ex-Meta employees
Delta Exchange launched a $50M trade farming rewards program
Tiger Global, Amex Ventures, Visa, and PayPal Ventures invested $60MM in Blockchain intelligence firm TRM Labs
Semiotic AI granted $60MM by The Graph Foundation to support ecosystem growth
High Tier ($3.2B)
Web3 job platform Braintrust raised $100MM in a private token sale
French fintech Lydia raised $100MM in funding
Binance Smart Chain and Animoca Brands form $200MM fund for GameFi projects
Banking technology platform Mambu raised $266MM
Silvergate Bank eyed $461MM in a public offering after filing to sell 3.3M shares
10T Holdings Plans to Launch Third Crypto Fund: $500MM
FTX to seek $1.5B in new funding round at $32B valuation
In addition, Brazil’s BTG Pactual launches a new fund with ETH exposure and Goldfingr closed an over-subscribed pre-seed investment round for its new Goldfingr Crypto token.
