Investors bet big on exchanges and GameFi
Oct 8, 2021
• 6
Min Read
Key Takeaways
- Investors bet big on crypto exchanges, allocating almost $345 million to deals this week
- Deal of the Week: Sky Mavis, creator of Axie Infinity raised $152 million at $3 billion valuation
- Active investors this week include Paradigm, MultiCoin, Digital Galaxy and Accel
Venture Capital Deals
The chart in this report is only accessible to members
BitOasis is one of the oldest crypto exchanges in the Middle East and North African (“MENA”) region. BitOasis, received regulatory approvals from the Abu Dhabi Global Market earlier this year. The Dubai-based crypto exchange closed a $30 million Series B funding round. The investment was co-led by Jump Capital and Wamda. New investors in the Series B include Alameda Research and existing stakeholders include Digital Currency Group, NXMH and Pantera Capital. According to World Bank data, the total population in the MENA region was 465 million habitants in 2020. Crypto trading services in the region could provide a lot of new income opportunities. (UAE crypto exchange BitOasis raises $30 million to expand in MENA).
The chart in this report is only accessible to members
Easy Crypto, the New Zealand cryptocurrency exchange with a customer base of more than 150,000 across New Zealand, Australia, South Africa and Brazil has raised $11.75 million in a Series A funding round. The exchange allows clients to buy and sell over 150 digital assets. A...