Billion Dollar Valuations

Blowout week in funds moving into Digital Assets and Blockchain Tech; $4.4B (yes that is a B for Billion.) All tiers are up since last week. This continuous flow of money into this industry is being put to work to help build the “Internet of Value.” 

In fact, investor, hedge fund manager, and philanthropist Mark Yusko said that Crypto will generate more wealth than the internet, noting that “untold wealth” will be powered by the Internet of Value. 

Low Tier ($30.55MM)

Nodle decentralized wireless protocol supports Berty Foundation with a $1 Million Grant in Nodle Cash

Creaton raised $1.1MM from top VCs to build a decentralized content platform on Polygon

Arcana Network landed a $2.3MM strategic round of funding from leading investors

Pontoon Finance raised $3.2MM in funding with testnet version ready for launch

Derived raised $3.3MM to build a decentralized synthetic assets platform

Decentralized social media platform Yup secured $3.5MM in Funding

ShoeFy announced $3.65MM raise for an innovative NFT platform with utility layers

Stader Labs completed a $4MM funding raise to expand crypto staking

DeHorizon raised $8.5MM to bring its Metaverse game DeVerse to life

Mid Tier ($264MM)

Decentralized exchange Futureswap raised $12MM from Ribbit Capital and others

Aurora raised $12MM in debut funding to scale the Ethereum ecosystem

Makor Group raised $17MM in funds at a $200 million valuation to expand crypto brokerage

Indian TikTok challenger Chingari raised $19MM to launch social token on Solana

Much anticipated Treeverse gaming platform raised $25MM

Ripple and Nelnet to invest $44MM aimed at carbon-neutrality

Blockchain analytics firm Elliptic raised $60MM in Series C funding

Bitkraft VC launched $75MM investment fund for blockchain gaming

High Tier ($3.9B)

Velas increases blockchain grants program to $100MM

Stronghold Digital Mining listing shares at roughly $17 in $100M IPO

Tala raised $145MM Series E to expand account and Crypto capabilities

TradingView completed a new funding round of $298MM with a $3B valuation

Celsius valued at $3.25B after $400MM raise amid regulatory headwinds

Crypto payment startup MoonPay valued at $3.4 billion after first funding round of $400MM

Binance created a $1B fund to accelerate Crypto adoption

Paradigm raised $1.5B to fund new startup investments

Also, record amounts of Venture funding flooding into Crypto companies, clocks $15,547,000,000 in nine months. Case in point, Billionaire Orlando Bravo’s firm plans to invest in Blockchain Tech companies, and Cardano’s Emurgo tap into the African market with financial grants for 100 local startups. ConsenSys valued at $3B? Next fundraise may make it so.

The purpose of this weekly article is to help you realize where the money is flowing so you can quickly identify opportunities

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