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Funding
DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships
The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.

Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding
The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program.

Gaming Tech Company Razer Introduces Web3 Venture Fund
The fund, called zVentures Web3 Incubator, will leverage its expertise to grow early-stage projects building blockchain-based gaming infrastructure.

Modular Blockchain Astria Raises $5.5M for Shared Sequencer Network
Astria's aim is to enable anyone to deploy their own censorship-resistant rollup without having to rely on a centralized sequencer.

Delphi Labs Raises $13.5M for Web3 Accelerator
P2P led and Jump Crypto joined the incubator’s first external funding round.

Crypto Payroll Company Franklin Closes $2.9M Seed Round
The payroll company is the second spin-off project developed internally at boutique Web3 marketing firm Serotonin, founded by Ethereum mainstay Amanda Cassatt.

Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
The company says it can reduce the carbon footprint and land and water use of bitcoin miners through its technology.

Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion.

VC-Backed NFT Social Platform Metalink Launches Mobile App
Funded by notable Web3 figures Guy Oseary, Gary Vaynerchuk and MoonPay CEO Ivan Soto-Wright, Metalink aims to be the first mobile platform where NFT collectors can talk, track and transact.

Digital Art Platform and Residency Program Wildxyz Raises $7M
Notable investors such as Reid Hoffman, Gwyneth Paltrow and Cozomo de Medici participated in the seed funding round.
