BOOM! Over $1B once again flows into Digital Assets and Blockchain Projects and the projects getting funded and by who just blows my mind. Fox Corp will make available $100MM for NFT projects. If anyone thinks NFTs are a fad, think again. If anyone thinks Digital Assets are a fad, think again as $380MM is going into Ledger, a platform designed to protect digital assets.
Low Tier ($25MM)
UNICEF is investing $500K in several Blockchain startups. Mars Ecosystem raised $2MM to develop a DeFi stablecoin protocol. Pandora Finance’s $2.4MM raise helped spearhead open finance protocol. Facebook’s Novi Financial Chief, Solana and other VC Firms invest $3MM in PARSIQ DLT company. Bitcoin miner Luxor eyes North American expansion with a $5MM funding round. Unbound Finance raised $5.8MM to improve DeFi liquidity provider token efficiency. Umee raised $6.3MM to fuel push to become a 'cross-chain hub' for DeFi tools.
Mid Tier ($464.1MM)
Polygon committing $10MM to reach 1M users using 0x API. DeFi startup InstaDApp raised $10MM in new funding. Stake Technologies secures $10MM to build DApp ecosystem for Polkadot and Kusama. Galaxy Digital and NfX led a $10.1MM raise into Ramp to become the “PayPal for Crypto.” Asian crypto exchange Kikitrade wins $12MM from UK billionaire Alan Howard. Sustainable supply chain traceability company Circulor raised $14MM in Series A round. Alan Howard led a $25MM investment in London crypto custodian Copper. Startup behind China's Blockchain Service Network Red Date Technology raised $30MM. Asia-based Rangers Protocol valued at $63MM following a private equity round. DeFi exchange dYdX closes $65MM raise led by Paradigm. Elad Gil, Electric Capital, Druckenmiller, and Bridgewater CEO back Bitwise in the latest $70MM Round. Singapore sovereign wealth fund invests $70MM in crypto exchange OSL's parent group. Mythical Games raised $75MM to speed up NFT gaming.
High Tier ($580MM)
Arrington Capital to back Algorand projects with a $100MM growth fund. Fox launches a $100MM creative fund for NFT content creation. New DAO (BitDAO) launches after a $230MM funding round including Peter Thiel, Alan Howard. Wallet provider Ledger raises $380MM to welcome DeFi ecosystem.
Price is noise, but the noise being made is the building of the foundation for a digital future. LISTEN!
