Venture Capital
Pantera Alum Joey Krug Joins Peter Thiel’s Founders Fund
Krug departed Pantera earlier this year after the Liquid Token Fund which he helped manage declined 88% in 2022.

Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.

Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics
Being able to unlock staked ether will not cause a mass exodus or price collapse for the cryptocurrency, Amphibian Capital CEO James Hodges says.

Sei Labs Raises $30M for Trading-Focused Layer 1 Blockchain
Investors included Jump Crypto, Distributed Global and Multicoin Capital.

A16z Highlights Web3 Strength in Its Second ‘State of Crypto’ Report
The venture capital giant sees bear markets as a time for builders, particularly blockchain infrastructure projects.

Venture Capital Bitkraft Raises $220.6M for Second 'Token' Fund: Filing
The firm didn’t comment on the new SEC filing, but did outline its crypto investment strategy.

DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
The startup will launch its mainnet and stablecoin this summer.

Crypto Protocol LayerZero Raises $120M at $3B Valuation
The valuation is triple the level of the firm's previous funding round in March 2022.

Crypto Startup Li.Fi Raises $17.5M in Funding Round
CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator.

Crypto Hardware Wallet Maker Ledger Raises Most of $109M Round: Bloomberg
The company's valuation remains at about the same $1.4 billion it was valued at in its previous funding round in June 2021.
