Last Week’s Crypto Investment Highlights
Links to the recipient website, investment announcement, and token info are provided via hyperlinks on the Recipient Name, $ Raised, and Token columns respectively.
| Recipient | $ Raised | Backers | Description | Token |
|---|---|---|---|---|
| OrangeDAO | $80,000,000 | Algorand, Near | A DAO of 1,300 founders of YC-backed companies in crypto | YC Gem |
| Ready Player Me | $56,000,000 | Andreessen Horowitz | On-Chain credit scoring for web3 | |
| Animoca Brands Japan | $45,000,000 | Mitsubishi UFJ Financial Group, Inc. (MUFG), Animoca Brands Corporation Limited | Japanese strategic subsidiary of global Web3 company Animoca Brands | Various |
| thirdweb | $24,000,000 | Haun Ventures | We make it really easy to build web3 apps | |
| Spectral Finance | $23,000,000 | General Catalyst, Social Capital | On-Chain credit scoring for web3 | |
| Gallium Studios | $6,000,000 | Rising Captial, BR Capital, NGC Ventures | An independent game studio founded by Will Wright and Lauren Elliott | TBD |
| Mural | $5,600,000 | Galaxy Ventures, Barry Silbert’s Digital Currency Group, Firstminute Capital, 186 Ventures | Mural makes it simple for leading brands to store, manage, and deploy DAO treasury funds | |
| Comm | $5,000,000 | CoinFund | Comm is crypto-native chat | |
| SolanaFM | $4,500,000 | SBI Group’s Digital Asset Opportunity Fund | SolanaFM is the first indexer for the Solana blockchain that allows you to gather and process data with maximum efficiency | |
| Yesports | $3,800,000 | Rising Captial, BR Capital, NGC Ventures | World’s Largest Web 3.0 Esports Engagement Platform. | |
| Quivr | $3,550,000 | Infinity Ventures Crypto | To empower people with the ownership of their connected data while establishing an on-chain social validation protocol | |
| Distributed Finance | $2,500,000 | Borderless Capital | Promote the advancement of NFTs and DAOs on Algorand | |
| Total Invested | $258,950,000 |
- OrangeDAO is an investment DAO made up of 1,000+ Y Combinator (YC) alumni. YC Gem is the universal that is available for YC alumni who wish to join the team. A select sample of the DAO’s portfolio is visible here.
- Animoca Brands Japan (Japanese site) is the Japanese subsidiary of Animoca Brands Corporation Limited (Animoca Brands). The $45 million investment by MUFG and Animoca Brands Corporation Limited values the company at ~$500 million. Animoca Brands publishes a broad portfolio including tokens, games, and projects utilizing IP from household names like Disney. Animoca brands als has a large portfolio of over 170 investments in NFT-related companies such as Axie Infinity and OpenSea.
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