$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects
Even as crypto markets succumb to bearish pressure, venture capital funds are deploying millions of dollars into blockchain startups. Go to Source Powered by WPeMatico
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Web 3.0 needs more users, not more investors
Projects need to focus on making products that attract non-crypto users in order to drive innovation and maturity in Web 3.0. Go to Source Powered by WPeMatico
Tom Brady’s NFT platform Autograph raises $170M to scale operations
The company said it planned to use the funds to scale its NFT technology and hinted at a series of partnerships aimed at expanding its user base. Go to Source Powered by WPeMatico
a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st
According to Alphabet CEO Sundar Pichai, Africa will be home to 300 million new internet users in the next five years. Go to Source Powered by WPeMatico
NFT-focused Animoca Brands valued at $5B following $358M raise
The Hong Kong-based game software and venture capital firm will deepen its exposure to NFTs, gaming and metaverse projects. Go to Source Powered by WPeMatico
Former CFTC chair Giancarlo joins CoinFund as an adviser
Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation. Go to Source Powered by WPeMatico
Crypto heavyweights back inflation-resistant savings protocol
The U.S. consumer price index reached a 40-year high in December, capping off a year of aggressive price increases. Go to Source Powered by WPeMatico
Binance Labs backs $200M Oasis Ecosystem Fund
The VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities. Go to Source Powered by WPeMatico
OpenSea raises $300 million for encrypted digital marketplace
Opensea’s market value has now surpassed $13.3 billion following the new cash injection. Go to Source Powered by WPeMatico
NFT-focused holding company raises $50 Series A
Nonfungible token projects have raised billions of dollars in venture funding over the past year, underscoring heightened demand in the sector. Go to Source Powered by WPeMatico