Recently, over 20 blockchain and crypto financing cases were disclosed in the market. Among them, crypto market maker Keyrock completed a $72 million B round financing, led by Ripple, the largest single financing event this week. Compared with last week, the overall investment and financing heat of the crypto market has risen significantly, and the number of financing events has doubled. In the subdivided investment and financing track, the heat of each track has rebounded this week, and Web3, tools and infrastructure are relatively active.
Keyrock’s $72 million B round financing led by Ripple
According to reports, crypto market maker Keyrock completed a $72 million Series B financing round led by Ripple, with participants including Six Fintech Ventures and Middlegame Ventures. The proceeds from this round of financing will be used to strengthen options and OTC trading businesses and further expand its market making as a service product.
Web3 Working Group raises $2 million
The Web3 nonprofit educational organization Web3 Working Group announced the completion of a $2 million financing round, with blockchain companies Arweave, The Graph, Livepeer and Akash participating in the investment. The founders of the organization, Amy James and Devon James, were the founders of the open source indexing and document library project Open Index Protocol.
The Web3 hardware wallet startup Cypherock completed a $1 million financing
The Web3 hardware wallet startup Cypherock announced the completion of a $1 million financing round, led by Consensys Mesh, Infinite Capital, Gnosis, OrangeDAO, and angel investors including Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay) & Liminal), Prasanna Sankar (Rippling) and Furqan Rydhan (Thirdweb & F Inc). Cypherock is developing the no-mnemonic hardware wallet “X1”, which aims to allow people to achieve self-sovereignty and securely control their cryptocurrencies and personal data like savings in a bank vault.
The Web3 developer platform Fleek completed a $25 million A round financing
The Web3 developer platform Fleek completed a $25 million Series A financing round led by Polychain Capital and participated by Coinbase Ventures, Digital Currency Group, Protocol Labs, Arweave, North Island Ventures, Distributed Global, The LAO and Argonautic Ventures.
The DAO tool Catapult completed a $5 million seed round financing
The DAO tool Catapult completed a $5 million seed round financing led by Blockchain Capital and participated by Eden Block, Orange DAO and Reverie, as well as Aave’s Stani Kulechov and Teller’s Ryan Berken.
In the past week, there have been over 20 disclosures of financing and acquisition cases in the blockchain field. Among them, crypto market maker Keyrock completed a $72 million B round financing, led by Ripple, the largest single financing event this week. The overall investment and financing heat of the crypto market has rebounded significantly. In addition, Web3, tools and infrastructure are relatively hot.