This episode is sponsored by Nexo, Abra and FTX US.Download this episodeIn today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including:Near Protocol, $150 millionZeroHash, $105 millionCheckout.com, $1 billionSEBA, $119 millionDeFi Alliance (now Alliance DAO), $50 millionFTX Ventures, $2 billionSee also: SEC Must Surrender Hinman Email on Ether … [Read more...] about ‘Every Company Will Be a Crypto Company’; A Venture Funding Outlook for 2022
Venture
Will DAOs Replace Crypto Venture Capital?
“It’s possible,” says Reciprocal’s Steinberg. However, “crypto venture capital is a full-time job. VC firms are generally very active, highly engaged, and have lots of time and resources to devote to portfolio companies. We’re all for partnering with DAOs, but some founders need playbooks.” Source link … [Read more...] about Will DAOs Replace Crypto Venture Capital?
CoinFund, Franklin Templeton Back NFT Venture Studio Metaversal With $50M Raise
NFT venture studio Metaversal raised a $50 million Series A funding round led by CoinFund and Foxhaven, the company announced Tuesday.The non-fungible token firm says it will use the funding to grow its portfolio and support companies working toward building an open metaverse.NFT interest is back on the rise with projects like Bored Ape Yacht Club eclipsing $1 billion in … [Read more...] about CoinFund, Franklin Templeton Back NFT Venture Studio Metaversal With $50M Raise
New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups
Kraken, the fourth-largest cryptocurrency exchange by trading volume, has announced the launch of a new venture fund that will invest in early-stage cryptocurrency and tech startups.According to a Thursday announcement, Kraken Ventures will be led by former head of corporate development at Kraken, Brandon Gath, and will operate as an independent fund.However, Kraken, the … [Read more...] about New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups
Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion
Venture accelerator Brinc closed a $130 million funding round, led by NFT and metaverse investor Animoca Brands.Brinc closed a $30 million Series B and a further $100 million for startup investments, the company said.The funds will be used to aid Brinc’s expansion into new locations and Web 3, which includes blockchain-focused programs in decentralized finance (DeFi), gaming … [Read more...] about Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion