The cryptocurrency industry is attracting a growing number of institutional players. This is evidenced by new investments in infrastructure, and the increasing attention that companies are showing to bitcoin as an asset class. The most important events of recent weeks are in the ForkLog review.
The creator of Bored Ape Yacht Club raised $450 million at a $4 billion valuation
Yuga Labs, behind the Bored Ape Yacht Club NFT collection, raised $450 million in a $4 billion valuation round. MoonPay and others.
The company will use the funds raised to scale the team and finance future developments, including the Otherside metaverse.
NEAR Protocol has raised $350 million from Tiger Global and other investors
The NEAR Protocol team has closed a $350 million funding round led by Tiger Global venture fund with the participation of Republic Capital, Hashed, FTX Ventures, Dragonfly Capital and other investors.
The funds raised will be used to increase the number of regional hubs in key community hubs around the world.
According to the team, there are about 300 applications running on the NEAR platform with more than 200,000 community members worldwide.
Binance.US Raises $200M at a $4.5B Valuation
Binance US-based bitcoin exchange has raised $200M in a seed round of venture capital funding. Binance.US preliminary valuation reaches $4.5 billion
RRE Ventures, Foundation Capital, Original Capital, VanEck, Circle Ventures, Gaingels, Gold House and a number of other investors participated in the first external financing of the company.
Funds raised at Binance.US will be used to develop the spot trading platform, expand the range of products and services in the near term, as well as marketing and educational initiatives.
Improbable has raised $150M to create a network of metaverses
British startup Improbable raises $150 million to create a network of interoperable M² metaverses.
A16z and SoftBank Vision Fund 2 led the funding round. It also included Mirana, Digital Currency Group, CMT , SIG and Ethereal Ventures.
Improbable helps various platforms implement Web 3.0 elements and launch metaverses based on proprietary solutions.
Venture firm gumi Cryptos Capital raises $110M
Crypto-focused firm gumi Cryptos Capital (gCC) has raised $110 million to invest in early-stage startups. This was announced in a press release.
The company announced the launch of the second fund, which will focus primarily on DeFi, metaverses, gaming and DAO.
gCC plans to invest in each new project amounts ranging from $500,000 to $5 million, both through investments in equity and through the purchase of tokens.
The value of the assets of the first fund (Fund I), which has a portfolio of 36 companies, grew from $21 million to $516 million, gCC representatives noted. The firm has invested in OpenSea seed funding, as well as Celsius Network and DeFi platform 1inch.
FTX Ventures invests $100M in Dave Digital Bank
Dave has announced a strategic partnership with FTX US. As part of the cooperation, FTX Ventures, an investment fund affiliated with the trading platform, will invest $100 million in a digital bank.
Dave is developing a banking application in which you can open an account, issue a debit card and receive a small amount of money in payday installations.
Startup CEO Jason Wilk noted that as part of a partnership with FTX, cryptocurrencies are being integrated into the application.
Boba Network raises $45M at $1.5B valuation
The Boba Network project, focused on second layer solutions for Ethereum scaling, has raised $45M. Investors have valued the platform at $1.5B.
The Series A funding round took the form of a token sale. It was attended by Crypto.com, Huobi, BitMart, Kinetic Capital, Infinite Capital, Hack VC, Dreamers VC led by Will Smith, M13 Ventures and about 400 other investors.
The founder of the project, Alan Chiu, said that the funds raised will allow to increase the team, provide grants to developers, and also intensify marketing efforts.
Fractal NFT marketplace raised $35 million during the seed investment round
Fractal NFT platform on the Solana blockchain closed a $35M seed funding round.
The investment round was led by Paradigm and Multicoin Capital, with the participation of a16z, Solana Labs, Animoca Brands, Coinbase and others.
The funds raised will be used to expand the development team.
Coin Metrics raises $35 million from BNY Mellon and Acrew Capital
Analytics firm Coin Metrics closes a Series C funding round in
The investment round was led by BNY Mellon and Acrew Capital, with participation from Goldman Sachs, Fidelity Investments, Morningside Technology Ventures, Cboe Global Markets, JAM FINTOP Blockchain, Mubadala Investment Company and Brevan Howard Digital.
Funding was also provided by previous investors — Coinbase, DCG, Dragonfly Capital, Castle Island Ventures, Highland Capital Partners, Avon Ventures, Communitas Capital, Collab+Currency, The Raptor Group, BlockFi and Animal Ventures.
Coin Funds Raised Metrics will focus on the introduction of innovative products for data analysis in the crypto industry and expansion of activities in international markets.
Moneybox has raised £35 million to enter the crypto industry
Asset manager Moneybox has raised £35m (~$45.8m) in Series D funding from Fidelity Investments, Polar Capital and former investors.
The funds will help the firm grow its client base, increase its ETF offering and introduce services to invest in digital assets.
Moneybox closes in on £3bn in assets under management from 800,000 clients.
A16z’s Haun Ventures raises $1.5bn for investment in Web 3.0
Linked to former a16z general partner Cathy Haun, Haun Ventures has raised $1.5 billion in two Web 3.0-focused crypto funds.
Funding comes from a16z, select firm partners, endowments, charities and family offices.
Haun Ventures focuses on developer tools, end-to-end NFT services, and digital asset taxation software.
$500M to fund early-stage startup investment, $1B to build accelerator . Both equity and token investments are envisaged.
So on ForkLog:
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