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Funding
Muneeb Ali’s Trust Machines Raises $150M
Participating investors include Breyer Capital, Digital Currency Group, GoldenTree, Hivemind and Union Square Ventures.

NFT Platform Pixel Vault Closes $100M Investment
Funding came from Velvet Sea Ventures and 01A, the venture capital firm founded by former Twitter CEO Dick Costolo.

FTX Buys Crypto Exchange Liquid Group for Expansion in Japan
The deal announcement follows FTX closing a $400 million round at a $32 billion valuation.

Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise
The Reddit co-founder's 776 Management has raised two new funds and plans to make the majority of its investments in crypto startups.

Terra Founder Floats $38M Proposal for American Sports League Deal
Terra founder Do Kwon proposed sponsoring an unidentified major American professional sports league franchise to the tune of $38.5 million.

Polkadot Parachain Astar Network Raises $22M From Polychain, Alameda Research
Alchemy Ventures, Animal Ventures, Crypto.com Capital and others also participated in the round.

Hong Kong's HashKey Group Raises $360M Blockchain Fund
Funding keeps pouring into blockchain, despite market turmoil.

Crypto Infrastructure Firm Blockdaemon Raises $207M at $3.25B Valuation
Sapphire and Tiger Global led the latest round, which follows a $155 million Series B last September.

NFT Platform TRLab Raises $4.2M to Diversify Its Artwork Collection
The Hong Kong-based platform is co-founded by the non-executive deputy chairman at Christie's, Xin Li-Cohen.

NFTs Holding Value Amid Crypto Market Plunge?
Metaversal CEO Yossi Hasson shares insights into what the crypto market crash means for non-fungible tokens (NFTs) and why sales volumes are going up, despite new data suggesting the value of gaming and NFTs have fallen 40% year-to-date. Plus, CoinFund CIO Alex Felix shares insights into backing Metaversal's $50 million Series A funding round and the broader state of digital collectibles.
