Funding
A16z, Variant Lead $18M Round for Lending Protocol Morpho Labs
The protocol enhances existing lending protocols such as Compound and Aave with peer-to-peer liquidity.

Lightspeed Venture Partners Launches New Funds Totaling More Than $7B
The venture capital firm also announced Lightspeed Faction, an independent team focused on early-stage blockchain infrastructure projects.

Dragonfly Capital Leads $7.5M Round for Quadrata’s Identity Passport
The startup offers verifiable yet private identity passports for Web3 users.

Gnosis Safe Rebrands as Safe, Raises $100M
The platform renamed itself Safe following its community vote to separate from Ethereum infrastructure builder Gnosis.

Cross-Chain Infrastructure Protocol LI.FI Raises $5.5M
The funding will help the firm expand to more blockchains.

Animoca Brands Leads $32M Funding Round for Planetarium Labs
The capital will help the Web3 gaming company develop its community-driven network.

Celsius Shareholder BnkToTheFuture Proposes Bitcoin Investments, Restructuring in Rescue Bid
The community investing platform put forth three proposals on Thursday night in a bid to save Celsius Network from going under.

Zigazoo, a Social Network for Kids, Raises $17M to Further Web3 Ambitions
The app recently sold out four NFT drops tied to top children’s brands and talent.

Fintech Firm PolySign Raises $53M to Expand Staff
The funding round follows the firm’s acquisition of fund administrator MG Stover in April.

Peaq Raises $6M in Funding Round Led by Fundamental Labs
The Web3 network aims to help users build, govern, own and earn from decentralized apps for machines.

