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Funding
Gate Ventures on Track to Close $200M Crypto Fund by Q3
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet.

Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings.

CXIP Labs Taps Celebrity Investments in $6.5M Round for NFT Development Suite
The NFT-minting protocol has plans to launch a series of creator and enterprise targeted products.

DeFi Data Shop Nansen Makes First VC Investment in Gaming Analytics Firm ZeroDrop
Following a $75 million funding round of its own, it’s the first time Nansen has invested in an outside firm.

TON Users Donate $1B to Advance Ecosystem, Foundation Says
Picking up where Telegram left off, the cryptocurrency project is attempting to increase its allure to potential Web 3 builders and developers.

BlockApps Raises $41M to Bring More Real Assets to Its Blockchain
The money will be used to hire more staff and for new customers.

Crypto Exchange KuCoin Launches $100M Fund for NFT Creators
The money will be used for early-stage projects.

Indian Crypto Exchange CoinDCX Raises Over $135M in New Funding Round
The raise brings CoinDCX's valuation to more than $2 billion, said co-founder and Chief Executive Sumit Gupta.

South Korean Smart Contract Auditing Platform Sooho.io Raises $4.5M
The startup works with Samsung and LG.

Ava Labs Set to Raise $350M at $5B Valuation: Report
The valuation would put the blockchain builder in the upper echelons of the crypto world by that measure.
