Funding Rounds
Solana-Based DEX Orca Raises $18M Series A Funding
Orca will use the fresh funding injection to continue developing its automated market maker (AMM).

Blockchain Infrastructure Firm Blockdaemon Nabs $1.3B Valuation in $155M Funding Round
SoftBank Vision Fund 2 led the funding, which also included Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital.

Get Ready for Investor Fan Tokens: Polychain Backs Prysm’s Approach to ‘Social Investing’
The platform aims to let new traders follow “the best investors in DeFi.”

Blockchain Monitoring Dashboard Raises $14M From Neotribe, Coinbase Ventures
The funds will be used to expand Metrika’s platform and broaden its customer base.

London-Based Open Banking Startup TrueLayer Raises $130M Led by Tiger Global, Stripe
The fundraise sees TrueLayer’s valuation surpass $1 billion, thus giving it “unicorn” status.

Latin American Crypto Firm Ripio Raises $50M to Accelerate Regional Expansion
The company plans to open operations in Colombia, Mexico and Uruguay later this year.

Crypto App Abra Raises $55M to Develop High-Net-Worth, Institutional Offerings
The Series C was led by previous backers Ignia and Blockchain Capital, with Kingsway Capital and Tiga Investments listed among new investors.

Immutable Raises $60M in Funding to Boost NFT Trading
The Ethereum Layer-2 protocol says it has created the underlying infrastructure for any business to build a game, marketplace or NFT application.

Zero-Knowledge Credit Risk Platform X-Margin Raises $8M
Coinbase Ventures, HashKey Capital and Spartan Group participated in the Series A funding round.

Cere Network Raises $31M in Funding Round Led by Republic, Polygon
Funding will be used for new hires, developer network growth and app development.

