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Venture Capital
Coinbase CEO Addresses Crypto Winter Concerns; RBI Governor Says Central Bank’s Warnings Pushed People to Avoid Crypto
Coinbase CEO Brian Armstrong admits crypto winter has been tough on the crypto exchange, calling it a “little painful.” The Reserve Bank of India’s governor says he’s glad the central bank sounded the alarm about crypto, suggesting this spared many investors the pain of losses during the market downturn.

Blockchain Company Mural, Founded by Palantir Alums, Raises $5.6M
The startup helps global brands manage the treasuries of their Web3 communities.

Digital Currency Group and Node Capital Lead $5M Fundraise for Blockchain Security Firm dWallet Labs
The investment will help build projects on Odsy Network, a new layer 1 blockchain focused on decentralized wallet access.

Crypto Investment Firm CoinFund Launches $300M Venture Fund For Web3 Development
CoinFund, a crypto-specific investment firm, inaugurated a $300 million venture capital fund to back early-stage blockchain projects including layer 1 blockchains, Web3 infrastructure, non-fungible tokens (NFTs), gaming, and asset management. “The Hash” panel discusses the latest sign of investor confidence amid a sour mood in the markets.

Crypto Investing Giant Paradigm Leads $20M Round for Fractional NFT Protocol
Fractional, which allows for collective non-fungible token ownership, is rebranding as Tessera.

Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises $200M Fund
The Web3-focused firm, founded by Wall Street veteran Yida Gao, is also backed by crypto heavyweights Dragonfly and Animoca.

Crypto Investment Firm CoinFund Launches $300M Web3 Fund
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs.

Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital
The fund has over $400 million in assets under management, according to Bloomberg.

Blockchain Payments Platform Ansible Labs Raises $7M in Seed Funding Round
The startup was founded by two former Visa workers.
