Old Fashion Research’s investment focus is on emerging markets like South America and Africa. The goal is to bring wider metaverse and crypto adoption to these regions by investing in local blockchain projects.
Andreessen Horowitz said approximately $1.5 billion of the new funds will be invested in startups at the seed fund stage while the remaining $3 billion will serve as venture investments.
The biggest investor in the funding round has been Andreessen Horowitz (or a16z). Other investors included General Catalyst, Samsung Next, Invesco Private Capital, and more.
The Protego Trust Bank has financial backing from some of the leading crypto market players like Coinbase, FTX, Digital Currency Group, and others.
SpaceX plans to conduct a secondary sale to company insiders and existing shareholders for $750 million.
One of the super PACs that received donations from Bankman-Fried is the Protect Our Future group.
UnicornDAO has generated a substantial sum of money that will aid it in its core quest to digital empower women and LGBTQ+ members.
With the global economic downturn, companies are resorting to buybacks amid losses.
a16z believes that gaming will occupy a key position in the emerging metaverse world, and the launch of Games Fund One will be one of its ways to align with the future.
BitKeep said that the recent funding will help the company build a cross-chain decentralized autonomous organization (DAO). It will work on building an infrastructure that will be the major driving force in Metaverse.
According to Pantera Capital, it had no LUNA investments at the time of the UST crash, and made a substantial profit from its early exit.
Falcone has signed up Charlie Walk, a renowned musician, to help pitch his project to prospective investors.
Fortis Digital Ventures’ new crypto investment fund will focus on companies involved in Web 3.0 that aim to solve real-world problems with better user experiences.
The Metatheory funding will go towards the expansion of its “DuskBreakers” gaming franchise, and help offer players more gaming options.
Besides Coinbase Global Inc, a host of other stocks in the US that are connected to the crypto economy, are largely suffering the same faith as it relates to stock devaluation.