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Funding Rounds
NFT Project Pudgy Penguins Raises $9M
The fundraise comes after a leadership change that led to an increased focus on utilizing the intellectual property.

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M
Polychain Capital and Lemniscap co-led the seed round for the bridge protocol.

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch
ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains.

Alchemy Ventures Backs $4M Round for NFT Platform Vibe
The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products
The platform will offer liquidity pools for U.S. Treasury bills, later this year.

New Crypto VC Firm Credibly Neutral Raises $5.5M
The firm received funds from the co-founders of Ethereum, Polygon and Solana.

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.

S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora
The startup provides technological infrastructure for institutional credit across centralized and decentralized finance.

DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships
The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.
