Welcome to The Crypto Curator’s Block Party for the week of Oct 21-28. This week’s projects are jamming to the tune of $1.7B. The appetite for Digital Assets and Blockchain Technology is still strong and VCs are hungry!
Defi competition is heating up with NEAR, the Ethereum competitor, putting up $800MM for developers to launch projects on its platform. So put on your headsets and listen in because it will be music to your ears!
Low Tier ($49.1MM)
Mercado Bitcoin acquired $1MM stake in Fingerprints DAO
LFW has raised $2.5MM for the project, set for its IDO
KYVE raised $2.8MM to advance Web 3.0 data storage
Artnome’s NFT project bagged $3MM seed raise
Tokenized cash-flow DeFi project Swivel Finance raised $3.5MM
Solana-based Perpetual Swaps exchange Drift raised $3.8MM
Solana-based yield aggregator Tulip Protocol raised $5MM in token sales
DeFi bug bounty platform Immunefi raised $5.5MM
Minima secured $6.5MM in Series A to build a mobile-first Blockchain network
Backed by the Giants, Swash completed a private oversubscription round with $7MM ahead of the IDO
Cross-chain decentralized exchange zkLink raised $8.5 MM in seed funding
Mid Tier ($225.9MM)
Biconomy raised $11.5MM through CoinList token sale
Crypto platform Rally committed $12MM to third-party developers
Decentralized design platform Moralis raised $13.4MM in seed funding from EQT Ventures
NFT platform Nameless raised $15MM, bringing valuation to $75 Million
Blockstream raised $16MM for its Bitcoin mining STO in a matter of hours
Cosmos-based DEX Osmosis raised $21MM from a consortium of investors
Peter Thiel's Valar Ventures led a $27MM Series A for crypto payments infrastructure firm XanPool
Infrastructure platform Quicknode raised $35MM in Series A financing
Voyager Digital announced $75MM strategic investment from Alameda Research
High Tier ($1.5B)
Project Serum allocated $100MM to liquidity mining
Privacy Blockchain Findora putting up $100MM to compete with Zcash and Monero
Crypto unicorn: CoinList valued at $1.5B following $100MM Series A
Crypto VC firm Sino Global Capital launched $200MM fund with backing from FTX
Blockchain infrastructure provider Alchemy clinches unicorn status in $250MM fundraise led by a16z
Ethereum competitor Near launched $800MM developer fund as DeFi competition heats up
In addition, Visa invested in Deserve following success of BlockFi credit card.
