Funding of digital assets and Blockchain technology appears to be slowing. Well, in theory, but in perspective, over $1B a week is a lot of money. Who would have imagined that Billions weekly would go to build out a new financial ecosystem? But that is exactly what's been happening all year long.
The lion's share of the money went to NYDIG and Anchorage, both working to bring Bitcoin to all via banks primarily. Keep your eyes on these companies because they are doing big things!
Low Tier ($7.1MM)
First Bitcoin Metaverse game on Stacks, Moonray, raised $3.5MM
Polkadot-based data platform Authtrail closed a strategic funding round with $3.6MM raised
Mid Tier ($319.7MM)
Web3 platform HEIR raised $10MM in seed funding
Umbrella Network launched $15MM oracle accelerator program
Payments startup Silverflow closed $17MM round led by Coatue
Ethereum privacy provider Aztec raised $17MM, adds bridges for developers
Metaverse startup Spatial raised $25MM in Series B
The Graph awarded $48MM to GraphQL developer The Guild
Crypto payments startup Ramp closed $52.7MM raise
Upbit crypto exchange's blockchain sister firm Dunamu raised $60MM
Blockchain data analytics platform Nansen closed $75MM Series B round
High Tier ($1.65B)
Assembly announces $100MM capital raise, received praise from IOTA co-founder Dominik Schiener
Goldman Sachs-backed company Voodoo to invest $200MM in Blockchain games
Anchorage raised $350MM, CEO says big banks will offer Crypto in 2022
NYDIG raised $1 Billion to accelerate Bitcoin products for businesses.
In addition, Dune Analytics is raising funds at a $1 billion valuation, $3.5 Billion Crypto Firm Alchemy is going to invest in its own clients, and BCB Group swoops for Germany's Sutor Bank and SBI Holdings invested in Singaporean crypto exchange Coinhako for an undisclosed amount.
