All-In On Infrastructure

Mar 18, 2022 • 8 Min Read

Venture Capital Deals

Hexa Wallet is a self-custody Bitcoin wallet that gives users the ability to control their own private keys without being a simple non-custodial wallet that isn’t as private as a custodial one. The fintech startup raised $1 million in pre-seed investments from Fulgur Ventures and Brad Mills with Bank To The Future and Plan B Ventures as crowdfunding partners. The fresh capital will help Hexa onboard more developers and designers as well as fund community efforts for self-custodial Bitcoin projects. Part of the community outreach efforts involve a partnership with Summer of Bitcoin and Bitcoin4India to educate crypto-curious developers who can drive open-source community innovation. (Hexa Wallet's Fundraising Crosses $1 Million, Funds To Be Used For Bitcoin Self-Custody Solutions)

Magic Eden is a Solana-based NFT marketplace with over 7.5 million SOL in transactions over the past 6 months and 90% of secondary-trading market share for NFT games. The project closed a $27 million Series A led by Paradigm that saw participation from Sequoia and Solana Ventures. Magic Eden will be using the funds to create a dedicated gaming vertical in the company and launching a new mobile app for trading and minting NFTs. Though Solana’s NFT ecosystem is a far cry fr...

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