Funding
Crypto Connectivity Startup GIANT Raises $5M From CoinFund
CoinFund, Gumi and others are backing GIANT’s plans to tokenize cellular bandwidth.

S. Korean Lambda256 Closes $60M Series B at $300M Valuation
The Dunamu company offers BaaS to corporations.

Gwyneth Paltrow-Backed Bitcoin Miner TeraWulf Plunges in Trading Debut
The environmentally sustainable miner recently raised funds from the actress and several other notable stars and entrepreneurs.

Vaynerchuk Backs $7M Bet on You Wanting to Show Off Your NFTs’ IRL
Danvas is looking to bring high-art frames to high-art NFTs.

Gala Games, C2 Ventures Start $100M Fund to Invest in Blockchain Gaming
The fund will invest in projects being built with blockchain technology, including play-to-earn and metaverse ventures.

Router Protocol Raises $4.1M to Bridge EVM and Non-EVM Chains
“The need of the hour is the ability for these to talk to each other,” said CEO Ramani Ramachandran.

Play-to-Earn Platform Rainmaker Nabs $6.5M Seed Round
CoinFund and others are backing Rainmaker’s plans to ease access to hundreds of play-to-earn crypto games.

Dapper Labs Raising $13.5M in Equity Offering
The NBA Top Shot creator is almost halfway toward its goal.

Slingshot Raises $15M in Funding Round Led by Ribbit Capital
The DeFi trading platform has now raised $18.1 million in two rounds.

ParaFi Raises Additional $200M for Its Flagship Digital Opportunities Fund
The fund has raised over $216 million from 226 investors since opening for investments.
