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Funding
The Graph Backers Launch $205M Ecosystem Fund to Provide Grants to Dapp Builders
The fund aims to accelerate development of key projects in the data-indexing network’s ecosystem.

USV, Multicoin Lead $30M Raise for 3Box’s Ceramic Data Network
“Web 3 social” has been an early focus of the data composability project.

CoinFund Joins $9M Round for Digital Infrastructure Inc’s Bid to Decentralize Vehicle Data
Digital Infrastructure's DIMO platform gives drivers ownership of their vehicle data.

Twitter Joined $20M Funding Round for Bitcoin Payments Provider OpenNode
Bitcoin payment provider OpenNode closed a $20 million funding round with the plan to fuel its global expansion. This puts the company at a $220 million valuation. The participants include Twitter and VC investor Tim Draper. OpenNode Head of Strategy Josh Held shares insights into the raise, the firm's plans, and bitcoin outlook. "[BTC's] an opportunity whose time has come," he said. Plus, who's using bitcoin payments and where are they based?

Twitter Joined $20M Funding Round for Bitcoin Payments Provider OpenNode
Bitcoin payment provider OpenNode closed a $20 million funding round with the plan to fuel its global expansion. This puts the company at a $220 million valuation. The participants include Twitter and VC investor Tim Draper. OpenNode Head of Strategy Josh Held shares insights into the raise, the firm's plans, and bitcoin outlook. "[BTC's] an opportunity whose time has come," he said. Plus, who's using bitcoin payments and where are they based?

Philippines Crypto Exchange PDAX Raises $50M Series B Led by Tiger Global
The exchange wants to bring crypto to the Philippines, where P2E game Axie Infinity has flourished.

Animoca in Talks for Infusion From KKR as Funding Round Swells to $500M: Report
The Wall Street firm would add to the almost $360 million already raised from Winklevoss Capital, Soros Fund Management and others.

Polygon Raises $450M to Build Web 3 Applications, Invest in Zero-knowledge Tech
Polygon, a secondary scaling solution for the Ethereum blockchain, raised $450 million in a funding round to support its plans for building Web 3 applications and investing in zero-knowledge technology. Its native MATIC token surged over 15% after the announcement. "The Hash" panel discusses the industry implications for the project's first major raise since it was founded in 2017.

Polygon Raises $450M From Sequoia Capital India, Galaxy, SoftBank to Support Web 3 Plans
Polygon will use the funding to build Web 3 applications and invest in zero-knowledge technology.

Aleo Blockchain Raises $200M for Privacy-Minded DeFi
The lovechild of Ethereum programmability and Zcash privacy is getting a funding boost from SoftBank, Tiger Global and others.
