Financing summary: More than $ 1.8 billion was bundled in crypto companies and funds this week
Financing summary: More than $ 1.8 billion was bundled in crypto companies and funds this week

- The week started strongly with the Financing round of Immutable in the amount of $ 200 million, which the company rated $ 2.5 billion on Monday
- Bain Capital Ventures, which has an administrative assets of around $ 155 billion, launched a crypto-oriented venture arm of $ 560 million
The crypto finance environment was further heated up this week when massive mega rounds and funds were started in space.
Over $ 1.82 billion in fresh capital came into the room, an increase of 36 % compared to $ 1.34 billion in the last week. According to the Pitchbook data, the total money invested this week came from about 30 deals and funds.
The week started strongly with the Finance round of Immutable of $ 200 million on Monday, which the company rated $ 2.5 billion. The round was led by Temasek and included other investors such as Animoca Brands, Tencent, Parafi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global.
On Tuesday, Bain Capital Ventures, which has an administrative assets of around $ 155 billion, started a 560 million US dollar, which is aimed at crypto. The funds are used in about 30 companies or protocols that focus on deficibles and crypto infrastructure, Stefan Cohen, managing partner at Bain Capital Crypto, told Blockworks.
In the next 10 years, the Bain Capital crypto team expects crypto to be integrated and embedded in traditional consumer and business software stacks, and plans to invest in companies that convert logs into established software ecosystems, said Cohen on Tuesday.
Regardless of this, the Cake Defi platform based in Singapore launched its corporate venture arm with a capital of $ 100 million, the Blockworks company said on Wednesday. Cake Defi Ventures (CDV) will concentrate its investments on Web3, the meta-verse, the NFT area, gaming, eSports and fintech areas that will benefit its core business, it said.
It was also leaked that the Ethereum-Layer-2 developer has at least $ 100 million, which would increase its rating to $ 6 billion, according to the Israeli newspaper Calacalist reported . Strong goods rejected a statement on Thursday. A company source that spoke with blockwork on the condition of anonymity said they could not confirm it, "but it sounds completely plausible".
The new rating is the three-time assessment of $ 2 billion of just four months ago when the company spent $ 50 million in a series C round listed by Sequoia Capital.
Further remarkable capital increases this week:
- OKCOIN terminates "Bitcoin Odyssey" collective with investment plans to
- The scaling and data protection solution for web3 applications, espresso systems, was presented to the public with a financing round of $ 32 million
- StableCoin Payment Builder Kado concluded a fundraising campaign of $ 5.4 million
- swimming protocol triggered
. .
The Post Funding Roundup: More than $ 1.8 billion Pooled in crypto companies and funds this week is not financial advice.