Welcome to June! I've decided to archive all the article that pertain to the money flow in Crypto here. May you use it as a resource to learn who is funding, who is getting funded, and discover trends. This isn't comprehensive so If I've missed one let me know :)
Running Total: $7B
CEFI/DEFI ($1.9B)
- DeFi Lending Platform AvaxFi secures VC funding from Zen Capital, a Web3 focused Venture Capital fund (Bitcoinist)
- Ex-Wall Street Execs Secure Funding for Young Crypto Firm Cloudwall Capital (Blockworks)
- Sequoia and Quona led $6MM seed round for DeFi protocol MoHash (TB)
- Ex-Sushi CTO Raises $8M for NFT Lending Platform Astaria (Coindesk)
- DeFi Protocol Euler Gets $32MM from Coinbase, FTX to Diversify DAO (Blockworks | Coindesk | TB)
- Multicoin Capital Leads $60MM Round in ‘Data DAO’ Delphia (Blockworks | Cointelegraph | TB)
- Genesis parked $75MM in capital into Maple's Solana-based lending platform (TB)
- Unizen Plots Expansion Of CeDeFi After Securing $200M From Alternative Investment Group GEM (Bitcoinist | Cointelegraph)
- PoolTogether raised 471 ETH ($800MM) with NFTs to fund legal defense (Cointelegraph | Bitcoinist)
- Huobi Global launches $1B investment arm focused on DeFi and Web3 (Cointelegraph | CryptoPotato)
EXCHANGES/WALLETS/CUSTODY ($1.95B)
- Pseudonymity startup Big Whale Labs raised $3.8MM seed round (TB)
- Wallet Firm Liminal Raised $4.7MM From Elevation Capital, CoinDCX, Sandeep Nailwal and Others (Coindesk)
- Zero-knowledge proof startup zCloak Network raised $5.8MM (TB)
- Size raised $6MM backed by Three Arrows, Wintermute, Mgnr and more (TB)
- Digital Wallet Maker Dynamic Raised $7.5MM from a16z (Defiant)
- DEX Protocol Orderly Network Nabs $20MM to Further dApps on NEAR (Blockworks | TB)
- Skolem announces $20MM Series A round led by Galaxy Digital (TB)
- Entropy announces $25MM seed round led by Andreessen Horowitz (TB)
- True Global Ventures joins $42.5MM funding round of French crypto company Coinhouse (TB)
- Binance.US Targeting $50M Follow-On Raise at $4.5B Valuation (Coindesk)
- Indonesian crypto exchange Pintu raises $113MM (TB | Cointelegraph | BIC | Coindesk | Bitcoinist)
- Crypto brokerage FalconX raises $150M at $8B valuation (Cointelegraph | TB | Blockworks | Coindesk)
- Binance Launched $500MM Fund to Drive Web3 Adoption (Blockworks | TB | Bitcoinist | TDH | BIC | Cryptoglobe)
- BlockFi is raising a down round at $1B valuation: sources (TB)
WEB 3 ($1.1B)
- Afropolitan Raised $2.1MM to Bring Web3 to the African Diaspora (Decrypt | TechCrunch)
- Digital fashion company SKNUPS raises $3.5MM and partners with Dolce and Gabbana (TB)
- Web3 network WeatherXM raised $5MM in seed funding (TB)
- Peaq Raised $6MM in Funding Round Led by Fundamental Labs (Coindesk)
- a16z leads $7.5MM seed round for web3 authentication startup Dynamic (TB)
- Tatsumeeko raised $7.5MM in seed round ahead of transition to web3 model (TB)
- Alan Howard invests $7.6MM in Polygon-based web3 data startup Navigate (TB)
- Former Robinhood, Button, Venmo Execs Raised $8MM for NFT Company Floor (Decrypt)
- Kyve Network hits $100 million valuation as it raised $9MM (TB | UToday)
- MachineFi Lab Raised $10MM to Incentivize IoT Data Collection for Web 3 (Coindesk)
- WAX blockchain raised $10MM in push for GameFi and NFT market (TB)
- Alan Howard joins $11MM seed round for metaverse developer Atmos Labs (TB)
- The Graph Granted $12.5MM in ‘First-Ever’ Effort To Drive Web3 Standards to Messari (Blockworks)
- Decentralized science platform Molecule raised $13MM in seed funding (TB)
- PartyBid creator PartyDAO raised $16.4MM led by a16z (TB)
- Social media network Zigazoo for kids raised $17MM for web3 projects (TB | Coindesk)
- NFTPort raised $26MM from Taavet+Sten and others (TB | Coindesk)
- NBA's Spencer Dinwiddie Talks $26MM Raise for Social Crypto App Calaxy (Decrypt | Coindesk)
- NFT game Illuvium raised $72MM in digital land sales (TB | Decrypt)
- A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne (Cointelegraph)
- Crypto.com's Cronos launches $100MM accelerator for DeFi and Web3 (Cointelegraph | Blockworks | Coindesk)
- Metaverse Attracts Over $177MM Of Investment From South Korean Gov.'s Digital New Deal (Bitcoinist)
- Immutable launches $500MM development fund for web3 game adoption (TB | Blockworks)
- Leading Israeli VC Pitango Launches a Web3 Investment Initiative (CryptoPotato | TB)
FUNDS ($1.1B)
- Valkyrie raises $11.15MM in strategic fundraising (TB | Blockworks)
- A16z and Coinbase execs backed new crypto VC fund Canonical Crypto to the Tune of $20MM (TB | Blockworks)
- Early-stage Solana-backer Reciprocal Ventures launches $70MM fund (TB)
- Solana Raised $100 Million to Support Crypto Projects in South Korea (CryptoPotato | Cointelegraph | TB | BIC)
- OP Crypto launches $100M fund to back early-stage crypto VCs (Cointelegraph | Blockworks)
- Ledger and VC firm Cathay Innovation launch $110MM crypto fund (TB | Blockworks)
- True Global Ventures doubles down on Web3 with $146MM ‘follow-on’ fund (Cointelegraph)
- Felix Capital Raises $600M Targeting Crypto and Web3 Investments (BIC)
- After record growth, VC crypto investments decline 38% in May (Cointelegraph)
- Bitcoin-Based Funds See Inflows Returning (BIC)
- Multicoin Capital Partners With Bitwise and Matthew Ball for Metaverse Crypto Index, Fund (Coindesk | Blockworks)
CBDCs ($209MM)
- Philippines’ First Blockchain Digital Peso Bond Offering Raised $209MM by UnionBank (Blockworks)
GAMES ($159MM)
- Vietnamese GameFi startup Ancient8 gets $6MM in tightening VC market (TB | Blockworks)
- a16z leads $23 million funding round for NFT gaming platform Cryptoys (TB | Coindesk)
- NFT Marketplace Magic Eden Raised $130MM for Creator, Collector Support (Blockworks | TB | Decrypt | BIC)
BLOCKCHAIN ($125MM)
- A16z Led $6MM Seed Funding Round in Blockchain Linera (Coindesk)
- Fintech Firm PolySign Raised $53M to Expand Staff (Coindesk | Blockworks)
- Blockchain Infrastructure Provider InfStones Nabbed $66MM in Extended Funding Round (Blockworks)
PAYMENTS PLATFORM ($111.5MM)
- Balderton, Animoca Brands back Request Finance in $5.5MM round (TB)
- Lightning Network Startup Mash Raised $6MM Seed Round (Coindesk | CryptoPotato)
- Kushki hits unicorn status as payments platform raised $100MM (TB)
COMPLIANCE ($107MM)
- Prime Trust raised $107 million to add new crypto products (TB)
DATA/RESEARCH ($53MM)
- Kaiko closed $53 million Series B funding round (TB | Coindesk | Blockworks)
ELECTIONS ($52MM)
- Crypto Industry Donors Pour $52 Million Towards US Midterm Elections (CryptoPotato)
TAXES ($20MM)
So there ya have it. The month is over and nearly $7B shifted into the Crypto Asset industry. I wonder if July will beat it?