Funding
Sino Global Capital Launches $200M Fund Backed by FTX
The fund will focus on Solana and Ethereum projects in Asia and specifically India.
Decentralized Exchange ZkLink Raises $8.5M Ahead of Market Launch
The team behind the project said the DEX is seeing strong demand following China’s latest crypto crackdown.
Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb
A16z and Coinbase Ventures are betting big billions of people will line up to gaze into “The Orb” in exchange for crypto. Over 130,000 already have.
Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito
The funding will go toward expanding the Mojito team’s engineering and product side as well as building out tooling and services.
Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank
Connect Ventures and Athletes Syndicate in partnership with Chaos Ventures also participated in the round.
Andreessen Horowitz Invests in New Meta4 NFT Fund
A16z is the lead investor in Meta4′s new fund, which will invest in rare digital art and collectibles such as the Bored Ape Yacht Club.
BIT Mining Invests Another $11M in Ohio Crypto Mining Data Center
The funding will be used to add an extra 65 megawatts of power capacity.
Crypto Lender Celsius Network Raises $400M in Bid to Reassure Regulators
The investment gives the company a $3 billion valuation.
Blockchain Analytics Firm Elliptic Raises $60M to Fund R&D, Expansion
The fundraising highlights growing interest in the transaction-analysis industry as companies strive to comply with AML rules and track the proceeds from successful hacks.
Axie Infinity Raising $150M at $3B Valuation: Report
A16z will lead the funding round for the video game company, according to The Information, which cited two unnamed sources.
