Funding
Paradigm Backs $5M Round in DAO Management Platform Dework
Pace Capital co-led the seed funding for the startup, which combines Trello and LinkedIn-like features for Web 3.

SoftBank, GGV Lead $66M Round for Web 3 Infrastructure Firm InfStones
The provider of an Amazon Web Services-like platform last raised $33 million in February.

Wallet Firm Liminal Raises $4.7M From Elevation Capital, CoinDCX, Sandeep Nailwal and Others
Liminal was founded by Mahin Gupta, who previously co-founded Zeb Pay, a prominent Indian crypto exchange.

Aptos Revealed as PayPal Ventures’ First Layer 1 Investment
Aptos Labs announced a $200 million funding round in March and has now revealed that the venture arm of the payments giant was among the backers.

Kava Onboards Sushi With $14M in Developer Incentive Funding
The integration will allow Sushi users and developers to have seamless access to the entire $300 billion market value of Ethereum and Cosmos from a single network.

Crypto Payments Firm Merge Raises $9.5M From Coinbase Ventures, Alameda Research and Others
Merge plans to bridge the gap between crypto and traditional finance companies with its API payments integration.

Golf Brand Callaway Joins LinksDAO as Equity Investor, ‘Strategic Partner’
The DAO that wants to buy a golf course is adding a big name to its cap table.

Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.

Andreessen Horowitz Establishes $4.5B Crypto Fund, Its Fourth
The Silicon Valley venture capital firm is doubling down on its crypto investments despite the market downturn.

MetaKing Studios Raises $15M to Launch Web 3 Strategy Game Blocklords
The medieval strategy-based massively multiplayer online (MMO) game is expected to debut next year.

