Venture Capital
Market Maker DWF Labs Emerges as Top Crypto Investor
DWF Labs Managing Partner Andrei Grachev discussed the firm’s investment strategy and continuing risks for the industry.

Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs
The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem.

Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
Blockchain Capital led the round for the system that allows Ethereum stakers to reuse the tokens.

Paradigm Leads $7M Round for Optimism-Based Startup Conduit
The newly announced startup will help developers launch Optimism-based applications.

Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
The payment was due on March 23 and was required to fund working capital

Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and sui token warrants) for $96 million through bankruptcy court.

European Crypto Startups Raised Record $5.7B in VC Funding in 2022
A new report from crypto VC firm RockawayX and startup data provider DealRoom showed strength in the region despite the crypto winter.

Seed Club Ventures Emerges With $25M to Back DAOs
The investor collective, also organized as a DAO, includes noted crypto firms Multicoin Capital, Delphi Digital and Dragonfly.

A16z Leads $40M Funding Round for CCP Games
The studio behind Eve Online is planning to release a blockchain-based game.

Who Failed Silicon Valley Bank Depositors?
Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?
