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Funding
HashKey Capital Raises $500M for 3rd Crypto Fund
The firm will back blockchain projects that could achieve mass adoption.

Web3 Studio Sortium Raises $7.8M in Seed Round
Crypto hedge fund Arca was among the participants in the funding round.

Crypto Market Maker CyberX Gets $15M From Foresight Ventures
Venture capital firm Foresight Ventures backed the liquidity provider.

Cosmos-Based DeFi Protocol Quasar Raises $5.4M
Venture capital firm Shima Capital led the round at a $70 million valuation.

Crypto Funding Plunged in 2022, but VC Head Sees Areas of Opportunity for 2023
CoinFund’s David Pakman talks FTX, DeFi and the way forward.

Jack Dorsey Gives Decentralized Social Network Nostr 14 BTC in Funding
The former Twitter CEO has donated roughly 14 BTC worth $245,000 to fund Nostr's development, after recently publishing his views on a native internet protocol for social media.

Web3 Infrastructure Firm Blocknative Raises $15M for Ethereum Block Building Market
The funding round was led by Blockchain Capital, Foundry Group and several other venture capital firms.

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
The under $1 billion valuation is a far cry from the $3.2 billion valuation Blockstream had received in 2021.

Jack Dorsey-Backed East African Bitcoin Miner Gridless Raises $2M
Dorsey’s Block and bitcoin venture-capital firm Stillmark co-led a seed funding round.

Web3 Content-Delivery Network Fleek Raises $25M
Crypto-focused venture-capital firm Polychain Capital led the funding round.
