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Funding
Three Arrows Capital Backs $10M Raise for DeFi on Cardano
Major DeFi investors piled into the Ardana project, including some that have never invested in Cardano before.

Richard Li, Winklevoss-Backed CMCC Global Targets $300M for Latest Crypto Fund
CMCC Global, an early investor in the Solana blockchain, has also backed Cosmos and Terra.

Startup Raises $1.5M to Make DAO Creation as Easy as Starting a Group Chat
The Solana-based Squads is looking to unleash the next wave of DAOs.

Republic Closes $150M Series B Funding Round
The investment firm, which includes a crypto arm, raised a $36 million Series A round in March.

Sino Global Capital Launches $200M Fund Backed by FTX
The fund will focus on Solana and Ethereum projects in Asia and specifically India.

Decentralized Exchange ZkLink Raises $8.5M Ahead of Market Launch
The team behind the project said the DEX is seeing strong demand following China’s latest crypto crackdown.

Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb
A16z and Coinbase Ventures are betting big billions of people will line up to gaze into “The Orb” in exchange for crypto. Over 130,000 already have.

Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito
The funding will go toward expanding the Mojito team’s engineering and product side as well as building out tooling and services.

Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank
Connect Ventures and Athletes Syndicate in partnership with Chaos Ventures also participated in the round.

Andreessen Horowitz Invests in New Meta4 NFT Fund
A16z is the lead investor in Meta4′s new fund, which will invest in rare digital art and collectibles such as the Bored Ape Yacht Club.
