Crypto Fundraising weekly
Dates: 19 – 25, Jul 2021

This week's biggest funding round

FTX Trading raised $0.9B in a Seed funding round from SoftBank Fund, Sequoia Capital, Paradigm, Lightspeed, Third Point, Ribbit Capital, NEA, Coinbase Ventures, Senator Investment Group, SINO Global Capital, Multicoin Capital, Hudson River Trading (HRT), Circle Ventures, Alan Howard, L1 Digital, Thoma Bravo, Race Capital, Temasek.

FTX is a fast-growing cryptocurrency exchange that offers advanced trading options like margin and futures trading.

Pre-seed and Seed investment rounds

EthBlockArt.eth raised undisclosed amount in a Pre-seed funding round from CoinFund, Focus Labs, MetaCartel Ventures.

EthBlockArt.eth is a web3 platform and circular economy where digital artists inspire creators and creators express their style as tangible art pieces.

4K raised $3M in a Seed funding round from Electric Capital, Crosscut Ventures, Collab+Currency, ConsenSys, IDEO CoLab Ventures.

4K allows anyone to store physical assets on-chain by transforming real-world items into physically-backed NFTs.

FTX Trading raised $0.9B in a Seed funding round from SoftBank Fund, Sequoia Capital, Paradigm, Lightspeed, Third Point, Ribbit Capital, NEA, Coinbase Ventures, Senator Investment Group, SINO Global Capital, Multicoin Capital, Hudson River Trading (HRT), Circle Ventures, Alan Howard, L1 Digital, Thoma Bravo, Race Capital, Temasek.

FTX is a fast-growing cryptocurrency exchange that offers advanced trading options like margin and futures trading.

Other investment rounds

CryptoArt.Ai raised $2.4M in a  funding round from Digital Finance Group (DFG), Waterdrip Capital, Kirin Fund, SoftBank Fund, ImToken Ventures, Signum Capital, AU21 Capital, Consensus Lab, LD Capital, Chain Capital, Gate Labs, Lancer Capital, Legos Capital, BitMart, Poolz Finance.

CryptoArt.Ai is the largest decentralized NFT marketplace in Asia.

Coin98 raised $3.8M in a Public sale  funding round from .

Coin98 is a cross-chain liquidity protocol with a full suite of products including Coin98 Wallet, Coin98 Exchange and Coin98 Bridge.

Magic raised $27M in a Series A  funding round from Northzone*, Tiger Global, Volt Capital, Digital Currency Group (DCG), CoinFund, Placeholder, Cherubic Ventures, SV Angel, Balaji Srinivasan, Roham Gharegozlou.

Magic is a wallet-as-a-service provider that enables businesses to onboard users into the web3 ecosystem by offering instant non-custodial wallet creation. It simplifies the onboarding process by utilizing email or social logins instead of seed phrases or browser extensions, providing a familiar web2 experience. Magic's developer SDK offers products like Magic Connect and Magic Auth, allowing passwordless web3 onboarding and authentication through magic links, making integration seamless and secure.

Thesis raised $21M in a Series A  funding round from ParaFi Capital, Nascent, Polychain Capital.

Thesis is a crypto venture studio behind the projects like tBTC.

ZED RUN raised $20M in a Series A  funding round from Andreessen Horowitz (a16z crypto), The Chernin Group (TCG Crypto), Red Beard Ventures.

ZED is a provably fair digital horse racing game built on blockchain technology. Create a legacy by building a star-studded stable of winning racehorses.

Scaleswap raised $175K in a Public sale  funding round from .

Scaleswap is a fully decentralized IDO launchpad — harnessing the power of an advanced layer 2 scaling protocol.

Coin98 raised $11.3M in a Strategic  funding round from Hashed, The Spartan Group, ParaFi Capital, IOSG Ventures, Genesis Block Ventures Capital (GBV), Nascent, SNZ Holding, Asymmetry Ventures (Asymm Ventures), NGC Ventures (NEO Global Capital), Vessel Capital, BTC12 Capital, Evernew Capital, AU21 Capital, Solidity Ventures, Paribus Ventures, Origin Capital, Moonwhale Ventures, Kyros Ventures, Magnus Capital, K300 Ventures, Spark Digital Capital, Black Mamba Ventures, Shima Capital, Raptor Capital, Gate Labs.

Coin98 is a cross-chain liquidity protocol with a full suite of products including Coin98 Wallet, Coin98 Exchange and Coin98 Bridge.

OpenSea raised $100M in a Series B  funding round from Andreessen Horowitz (a16z crypto), Coatue, Connect Ventures, Ashton Kutcher, Kevin Hartz.

A gas-free marketplace for NFTs on Polygon that allows people to easily create, sell and buy NFTs.

Ratio Finance raised $2.3M in a  funding round from Rarestone Capital, Alameda Research, Coin Merge Strategy (CMS), Divergence, New Form Capital, Raydium, Solana Ventures.

Ratio Finance is a decentralized finance application platform on Solana designed to accept yield-bearing collateral to mint “USDr”

Visor Finance raised $3.5M in a Strategic  funding round from 1confirmation*, Digital Currency Group (DCG), Blockchain Capital, 1kx, Alliance DAO (ex DeFi Alliance), Decentral Park Capital, Electric Capital, Maven 11 Capital, The Spartan Group, Tribe Capital, GSR Markets LTD.

Visor Finance protocol is made up of a few modular components which allow active management of assets within DeFi protocols.

* fund, that lead investment round