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Fundraising
Parallel Finance Doubles Valuation in $5M Funding Round
The Polkadot-based lending platform is planning to raise up to another $60M this quarter.
A16z Leads $4.8M Round for P2E Gaming Startup Battlebound
Battlebound will use the capital for phased launches of its two newest game titles.
A16z, FTX and Sequoia Lead $135M Round for LayerZero at $1B Valuation
The blockchain interoperability protocol first emerged from stealth last September.
Delphi Digital Leads $5M Seed Round for Money Market Protocol ZkLend
Three Arrows Capital and Starkware also invested in the round, which will go toward additional hiring and the launch of zkLend’s core products.
Animoca Brands, Ubisoft Invest in $12M Round for Blockchain Game 'Cross the Ages'
The free-to-play card game features digital trading cards as NFTs that can also be converted to physical cards.
Decentralized Creator Platform Joystream Raises $5.8M
The Polkadot-based platform allows creators to sell their videos as NFTs and turn their channels into tokens.
Web 3 Game Development Platform Joyride Raises $14M Ahead of Launch
Optimized for Unity, Joyride allows developers to build blockchain-powered esports, casual and social games on mobile devices.
A16z, Paradigm Lead $150M Round for Ethereum Scaling Solution Optimism at $1.65B Valuation
A16z previously led Optimism’s $25 million Series A round.
TravelX Raises $10M to Launch Multichain Distribution Protocol
The protocol for the travel industry tokenizes inventory for airlines and suppliers.
Pantera, Animoca Brands Co-Lead $10M Investment in Metaverse Game Studios
Solana Ventures and Everyrealm were also leaders of the financing round for the creator of blockchain game Angelic.
