Seems regulations do not help!

Edition #62 - 05 MAY 2023

gaming developments

• ​​​​​​​​​​​​Top Web3 vs Web2 games statistics (2023).

• NFT-to-product platform Vibe raised $4M in a Seed funding round from Alchemy Ventures, Aglaé Ventures, Psy P Nation.

• Yuga Labs: from nothing to the Disney of Web3 in 2 years.

• Top 20 Web3 games by players in 2023.

metaverses & AI

• ​​Great report by Binance on AI x Crypto: Exploring Use Cases and Possibilities.

• Metagravity got $9.5M to build out infrastructure for metaverse development by creating the technical foundation for a virtual world.

defi

• ​​​​​​​​​DeFi protocol Thetanuts Finances got $17M for its protocol that helps retail investors earn yield on their tokens, among other things.​​

• A yield and protocol aggregator for transaction bundling Portals fi raised $2M in a Seed funding round from Poolside, LongHash Ventures, Mechanism Capital, Daedalus, Basement Labs, 0xMaki

• ​​​​DEX Cetus closed Seed funding round led by OKX Ventures and KuCoin Ventures, with participation from Comma3 Ventures, NGC Ventures, Jump Crypto, Animoca Ventures, IDG Capital, Leland Ventures, AC Capital, Adaverse, Coin98 Ventures.

• ​​DeFi protocol platform OpenTrade raised $1.5M in a funding round led by SINO Global Capital, with participation from Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, Outlier Ventures.

funding rounds

• ​​Infrastructure for Institutional Credit Credora (ex X-Margin) raised $6M in a Strategic funding round led by Coinbase Ventures and S&P Global Ratings, with participation from Hashkey Capital, The Spartan Group, GSR, CMT Digital, Pirata Capital, KuCoin Ventures, Amber Group, ParadigmCo, WAGMI Ventures, Breed VC.

• Crypto Firm FARE Protocol raised $6.2M in a Seed funding round led by C² Ventures and Goat Capital, with participation from 6th Man Ventures (6MV), Republic Crypto, Arrington Capital, Eniac Ventures, Spark Digital Capital, Morningstar Ventures, Quantstamp, DWeb3 Capital.

• ​​Provider of secure hardware wallet solutions Tangem raised $8M in a funding round led by Shima Capital and SBI Group.

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