Key Takeaways

• Crypto exchange deals brings a combined $213 million in new funding this week
• Deal of the Week: Coinbase debut bonds are oversubscribed, offering increased to $2 billion
• Jump Capital and Skybridge Capital bring in over $600 million for new crypto funds

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Venture Capital Deals

Idexo is an NFT-centric product that is focused on building no-code digital collectibles management systems. Idexo has raised $2.5 million to bring NFTs and gaming API to cross-chain.

Outlier Ventures, Floem Capital, InSquare Ventures, BlackDragon, Heat Capital, Panony, Aspectures Ventures, DAO Capital, CSP DAO, Defiants, C2G Ventures, Crypto Avengers, Moonwhale Ventures and Titan Ventures took part in the aforementioned funding of the idexo product. (Idexo Secures $2.5 million in Funding to Build Cross-Chain NFT and Gaming API).

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Avalanche is a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure to the price via token ownership. (Avalanche Pulls Down $230 Million Investment Led ...