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Funding
Twitch Co-Founder’s Gaming NFT Marketplace Raises $35M
Fractal is ramping up development with the help of big-name backers.

Eldridge, A16z Lead $620M Financing Round for Fintech Cross River Bank
Coinbase, Stripe, Affirm and Rock Loans are among Cross River’s more than 80 customers.

Money Market Platform Burrow Raises $5M to Launch on NEAR
Burrow is a non-custodial liquidity pool platform similar to Aave and Compound.

Delphi Digital Leads $5M Seed Round for Money Market Protocol ZkLend
Three Arrows Capital and Starkware also invested in the round, which will go toward additional hiring and the launch of zkLend’s core products.

Cosmos Protocol Archway Raises $21M to Provide Developer Rewards
CoinFund and Hashed co-led the seed funding round in the Tendermint spinout behind the project, Phi Labs.

Qualcomm Sets Up $100M Fund for Metaverse Investments
The fund will target developers building immersive extended reality (XR) experiences in areas such as gaming, health, education and entertainment.

Worldcoin to Raise $100M at $3B Token Valuation: Report
The list of investors reportedly includes a16z and Khosla Ventures.

Polychain Capital Leads $22M Investment in NFT Appraisal Protocol Upshot
The project wants to bridge the worlds of DeFi and NFT.

Pipe Introduces Alternative Financing Product for Bitcoin Miners
The trading platform worked with Compass Mining for several months before launching the product.

Ultiverse to Expand Metaverse Offerings in BNB Chain Ecosystem With $4.5M Raise
The round was co-led by Binance Labs and DeFiance, a Three Arrows Capital platform fund.
