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Venture Capital
DeFi Protocol Perennial Launches, Announces $12M in Funding
Polychain Capital and Variant co-led a seed round for the decentralized derivatives protocol.

Keeping the Crypto Industry Bankrolled
A16z partner Chris Dixon spent the first half of the year boldly amassing a $4.5 billion fund. But when the crypto industry went upside down, he pivoted to quietly support promising ventures. That’s why he is one of CoinDesk’s Most Influential 2022.

Former FTX US President Is Seeking Funds for Crypto Startup: Report
Brett Harrison is trying to raise $6 million at a $60 million company valuation, The Information reported.

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

Market Maker Keyrock Raises $72M Amid FTX Contagion
The liquidity provider, which closed the funding round in September, had minimal exposure to the collapsed exchange.

A16z Leads $15M Round for Game Studio Roboto Games
The studio, which was founded by Web2 veterans, plans to add Web3 elements to its forthcoming survival/crafting MMO game.

FTX’s Collapse a Wake-Up Call for Venture Capitalists, Dragonfly Partner Says
Tom Schmidt noted that more discerning VCs didn't invest in the failed crypto exchange.

FTX Ventures Was a Disorganized Mess With Missing Financials, Bankruptcy Documents Say
The latest documents claim that the venture capital arm’s funds were barely tracked.

Crypto Fund Sino Global Regrets Its 'Misplaced Trust' in FTX, Reports 'Mid-Seven' Figure Losses Tied to Exchange
FTX’s Sam Bankman-Fried had featured prominently in Sino Global Capital’s investment strategy.

FTX-Backed Crypto Unicorn LayerZero Bought Out Stake
The interoperability protocol sent a memo to investors outlining its buyout strategy.
