NFTs are NIFTY

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Well, not quite the $1B mark this week but we did cross half a billion. While Mining and DeFi were the big winners, NFTs continued to attract investor attention, with a third of the projects being funded this week headed that direction. Apparently, they're the new status symbol for investors.

Low Tier ($26.3MM)

Five DeFi projects and Kraken tip in $250K each to support Eth2 client teams

OpenSwap DeFi Hub secured $1.5MM in funding to develop pioneering liquidity solutions

1confirmation backs new NFT startup built for music artists in $2.2MM round

ENVOY Network NFT project secured $2.5MM in funding to make digital collectibles mainstream

Apricot Finance bagged $4MM in its latest funding round

'Fractional' NFT platform completes $7.9MM in seed funding

Paradigm led an $8MM Series A into DeFi lending company Euler

Mid Tier ($159MM)

Mark Cuban-backed Alethea AI closed $16MM private token sale

Paradigm and Founders Fund lead $16 million investment in 3LAU's NFT music platform Royal

Publicly-backed XREX raised $17MM to solve dollar liquidity issues through blockchain

Blockchain startup in Pakistan dubbed Bazaar secured $30MM in funds

MakersPlace NFT Marketplace raised $30MM in the latest funding round

ParaFi, Dragonfly backed a new investment venture (Folius Ventures LLC) aimed at Web3 and APAC with a $50MM fund raise.

High Tier ($580MM)

Hacked Exchange Liquid Global secured $120MM debt finance from FTX

Canadian Bitcoin miner Blockstream joins crypto unicorns with a $3.2B valuation with a $210MM raise

FinTech Collective closes $250MM fund with new DeFi strategy

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