The cryptocurrency market has did not make vital headway in current months, however that hasn’t stopped the trade’s builders from constructing. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered mobile networks and Web3 gaming have all piqued the curiosity of enterprise capitalists. These new and acquainted funding themes headline the newest version of VC Roundup, as enterprise funds proceed to focus on blockchain’s most promising worth performs.
a16z execs again new NFT fund
Andreessen Horowitz’s foray into the blockchain trade continued this month after a big section of its investing crew backed a brand new nonfungible token fund referred to as Curated. The fund, which is price $30 million, has the singular function of shopping for and holding NFT art work. Among the many a16z brass, Marc Andreessen, Arianna Simpson, Chris Dixon, Andrew Chen and John Lai are all buyers within the fund, in accordance to Tech Crunch. NFTs and conventional artwork are more and more being considered as shops of worth in an inflationary setting. (Apparently, a16z has been speaking about NFTs since at the least 2020, which is eons in the past within the crypto trade.)
Crypto mortgage lender Milo receives $17M
Crypto-friendly neobank raises $77M
FreedomFi closes $9.5M funding spherical
Web3 platform Joyride raises $14M
Crypto Unicorns closes $26M token sale
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