Funding Roundup: This week, $ 1.19 billion was invested in crypto companies

Funding Roundup: This week, $ 1.19 billion was invested in crypto companies

Since the global market capitalization for cryptocurrencies remained quite stable this week, it was at about $ Kapital flowers as well as from risk capital as well as from Small investors.

On Friday, the crypto assets administration company Hartmann Capital put on its $ 30 million funds with a focus on metavers. It plans to use the capital for token and stock transactions in the early phase and to invest via its actively managed NFT portfolio.

"The desire to put on these special funds was inspired by the need to play long -term games, which is more difficult to achieve with a liquid hedge fund," Felix Hartmann, managing partner of the company, told Blockworks.

"The metaverse is a huge chance, but most will distract themselves with quick release in the P2E or PFP area instead of zooming out and supporting what will be important in 5 years," said Hartmann.

"These new ecosystems have to be built sustainably to exist, and they have to be built up decentrally to achieve matter. A venture approach helps us to ensure this."

portals, a browser-like meta verse that builds on the Solana blockchain, completed a seed round worth $ 5 million on Friday. The financing was led by Greylock together with other well -known investors, including Multicoin Capital, Solana Ventures, Foundation Capital, Alameda Research and Sino Global Capital, to name just a few.

"We build the meta personum browser -based in order to make it accessible as far as possible," said Adam Gomez, co -founder of Portals. "With a native voice chat and simple tools for adapting rooms, we lower the barrier to experience the meta persons."

This week there was a handful of mega rounds, such as the $ 450-million token sales of polygon under the leadership of Sequoia India, the $ 200 million increase in Aleo, which increased the evaluation of the platform to $ 1.45 billion, and the 200 million round of Alchemy, about web3 developers concentrate. In addition, Binance invested $ 200 million in a great participation in the global media company Forbes to bring web3 and journalism together.

Infinity Ventures Crypto (IVC) also put his first fund on Dollar , on Wednesday. The fund will concentrate on the acceleration of innovations in Gamefi, Defi and Web3.

The company based in Taipei has invested in 78 portfolio companies since its foundation in August 2021. His first investment was Yield Guild Games, a gaming guild that earns for play money, and Dao, which invests in NFTS (non-fungible tokens).

On Thursday, XYO has teamed up with the Outliers Fund in a strategic CO investment fund of $ 20 million to expand its ecosystem and geospatial blockchain projects.

xyo is a tech startup founded by XY Labs and focuses on local data-controlled devices. To date, it has over 4 million knots online in his network that users can use and participate in order to receive a financial reward.

The two companies will invest up to $ 10 million in shares and brands, which corresponds to a total of up to $ 20 million. The investment amount and the return are based on dollars or stable coins, it said.

"We want to expand the ecosystem even further," said Markus Levin, co -founder of XYO, to Blockworks. "It's about the growth of the XYO ecosystem and the entire blockchain crypto ecosystem."

Further remarkable capital increases this week are:

• The $ 18 million from Rift Finance are led by Pantera Capital and plan to support Daos (decentralized autonomous organizations) with liquidity if the sub-sector grows
• Twitter, Tim Draper and other invested $ 20 million in the Bitcoin payment processor and infrastructure provider Opennode
• The SSV.Network protocol based on Ethereum provides $ 10 million to expand its staking infrastructure for ETH 2.0
• Makerdaos 10 million dollar-bug-bounty program with immuneefi to protect user money
• eternal laboratories starting round of $ 20 million to set up the establishment of NFT, Tech, Metaverse and Play-2--GARN-GAMING
• Aperture Finance provides $ 5.3 million for the development of the cross-chain defi ecosystem (decentralized finances)
• Ruby protocol to help and protect your data to users own