Funding
Paradigm, Sequoia to Invest $1.15B in Citadel Securities
The move brings Ken Griffin’s Citadel closer to the world of crypto.

Not Everyone Can Afford to Be Satoshi
Some think crypto devs should work for gratis, like Bitcoin’s founder. But paying coders is essential and Web 3 finds a fairer way to do it.

NFT Marketplace OpenSea Valued at $13.3B in $300M Funding Round
The ubiquitous NFT site was valued at $1.5 billion last July.

CoinFund, Franklin Templeton Back Metaversal in $50M Funding Round
The venture studio is using the money to add to its NFT portfolio and invest in metaverse companies.

DeFi Portfolio Tracking Firm DeBank Raises $25M in Round Led by Sequoia China
The latest funding brings DeBank’s valuation to $200 million, according to the firm.

Dapper, CoinFund Back ‘SPACE’ Metaverse Play With $7M Raise
The project wants to become “the economic backbone of the metaverse.”

Decentralized Rendering Engine Raises $30M as Metaverse Graphics Go Big
Multicoin, Alameda and the Solana Foundation are backing Render Network’s vision for a decentralized alternative to Pixar’s massive rendering farms.

Anyswap Rebrands to Multichain, Raises $60M Led by Binance Labs
The cross-chain bridge builder will use the funds to research crypto algorithms.

Figment Reaches Unicorn Status With $110M Series C
The funding round was led by Thoma Bravo, and also included Binance, Mirae Asset, ParaFi Capital, Bitstamp and Franklin Templeton.

Kraken Ventures Raises $65M for Early-Stage Crypto Fund
The fund will invest in financial infrastructure, Web 3, DeFi, artificial intelligence and machine learning startups.

