Comparing crypto rallies

Edition #96 - 28 JAN 2024

Check out the top tokens from each of the last 3 crypto rallies. Pantera Capital, of which we are LPs, did a great job here.

gaming developments

• ​​​​​​Mobile gaming studio behind Army of Tactics AOFverse raised $3M funding round led by Animoca Ventures, with participation from Liquid X Ventures, Chain Ridge Capital, Ticker Capital, Flying Falcon, BSCN Gaming Ventures.​​

• ​​Play-to-earn gaming platform Arcade2Earn raised $4.8M funding round led by Crypto com Capital, with participation from Solana Ventures, Shima Capital, KuCoin Labs, GSR Markets LTD, NxGen.

•  ​​Esports Fan Platform STAN raised $2.7M funding round from Aptos Labs, Maelstrom, GFR Fund, CoinDCX, Climber Capital, TDV Partners, CoinSwitch.

• Confirming major $GMEE Token Breach: 600M stolen, loss of $15M :(

metaverses & AI

• ​​The Ray-Ban Meta smart glasses’ new AI powers are impressive, and worrying.

defi

• ​​Universal cross-chain money market for busy DeFi Professionals Synonym Finance raised $1.5M in a Seed funding round led by Borderless Capital, with participation from Robot Ventures, Big Brain Holdings, Cross-Chain Ecosystem Fund, Veris Ventures, Marshland Capital, SerDAO.​​

• ​​Sui's Next-Gen P2P Money Market and DeFi protocol Scallop closed Strategic funding round led by Cetus Protocol. Amount raised is not disclosed.

• ​​Decentralized Exchange for Bitcoiners BitFlow raised $1.3M in a Pre-seed funding round led by Portal Ventures, with participation from Big Brain Holdings, Bitcoin Frontier Fund, Newman Capital, Genblock Capital, Tykhe Block Ventures, Bitcoin Startup Lab, Insignius Capital, Side Door Ventures, Spicy Capital, SkyVision Capital.

• ​​Protocol decentralizing structured finance in DeFi Struct Finance raised $1M funding round led by Avalanche Rush.

funding rounds

• ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Web3 tracking platform Safary raised $2.4M in a Pre-seed funding round led by Lemniscap, with participation from Arca Fund, SevenX Ventures, Big Brain Holdings, Saison Capital, Diaspora Ventures.​​

• ​​​​Zk-data marketplace and network Masa raised $5.4M in a Seed funding round led by Anagram, with participation from Blizzard, Digital Currency Group (DCG), Golden Tree.

• ​​Interoperability-as-a-service Ethereum Layer 2 developer Polymer Labs raised $23M in a Series A funding round led by Blockchain Capital, Distributed Global, Maven 11 Capital, with participation from Coinbase Ventures, Placeholder, North Island Ventures (NIV), Cosmostation, Digital Currency Group (DCG), Figment, Informal Systems, Basis Set Ventures, Tane.

• ​​Semiconductor company focused on Zero Knowledge Proofs Ingonyama raised $21M in a Seed funding round led by IOSG Ventures, Walden Catalyst, Geometry, with participation from RockawayX, Maven 11 Capital, IOBC Capital, Mirana Ventures, Samsung Next, BlueYard Capital, Starkware.

• ​​Company focused on providing access to RWA backed tokens Dinari raised $10M in a Seed funding round from 500 Startups (500 Global), Balaji Srinivasan, Alchemy Ventures, Version One Ventures, Sancus Ventures.

• ​​Global digital asset banking group Sygnum raised $40M in a Strategic funding round led by Azimut.

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