Fundraising

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)
Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
The new fund will target early stage opportunities in AI, blockchain technology, chips and data.
Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)

Rome co-founders Anil Kumar and Sattvik Kansal (Rome)
Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana
Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on "modular" networks to handle Ethereum's myriad c...
Rome co-founders Anil Kumar and Sattvik Kansal (Rome)

Ora co-founder Kartin Wong (Kartin Wong/Ora)
Ora, Aiming to 'Unlock Design Space for AI Dapps,' Raises $20M
The blockchain project, founded in 2022, aims to incorporate AI into decentralized applications with its "on-chain AI oracle."
Ora co-founder Kartin Wong (Kartin Wong/Ora)

Humanity Protocol's seed funding round valued the identity protocol at $1 billion. (benketaro/flickr)
Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
While Worldcoin's technology is based on iris scans, Humanity Protocol uses palm prints.
Humanity Protocol's seed funding round valued the identity protocol at $1 billion. (benketaro/flickr)

(Matt Cardy/Getty Images, modified by CoinDesk)
Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy
Unlike paid shills of yore, "key opinion leaders" invest in the projects they promote on social media. In return for buzz, they can sell tokens sooner than other investors.
(Matt Cardy/Getty Images, modified by CoinDesk)

(Dima Kolesnyk/Unsplash)
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its...
(Dima Kolesnyk/Unsplash)

Joshua Lim on CoinDesk TV at Consensus 2022 (CoinDesk, modified)
Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital
The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-...
Joshua Lim on CoinDesk TV at Consensus 2022 (CoinDesk, modified)

Shubham's Web3
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
The platform has previously launched NFT collections for celebrities such as DJ Steve Aoki and actor Val Kilmer.
Shubham's Web3

Hadron Founders Club hosts its first pop-up event for blockchain startup founders in Dubai (Hadron FC)
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosyst...
Hadron Founders Club hosts its first pop-up event for blockchain startup founders in Dubai (Hadron FC)

(Shutterstock)
Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.
(Shutterstock)