Gaming and Compliance Attract Investors

Nov 12, 2021 • 5 Min Read

Key Takeaways

  • Gaming projects raised $825 million in capital this week, compliance projects raised over $25 million in aggregate funds, decentralized protocols brough in $37.2 million this week.
  • Deal of the Week: has raised a $725 million Series B funding round. The Company had raised a $185 million round at a $1 billion valuation in May.
  • Argo Blockchain, a cryptocurrency miner, will sell up to $57.5 million in bonds maturing in 2026.
  • Active investors this week include Sequoia Capital, a16z, Jump Capital and Solana Ventures.

Venture Capital Deals

Solidus Labs is an automated, comprehensive and testable market surveillance and risk monitoring hub tailored for digital assets. The Company has raised $15 million in a Series B round led by Liberty City Ventures. Other investors that participated include GSR and Exor Seeds. Earlier this summer, the Company raised $20 million in a Series A funding round. The platform seeks to make digital asset compliance simpler and more effective (Risk monitoring firm Solidus Labs completes $15M strategic round). 

Parallel Finance is a decentralized lending, staking and borrowing platform built on the Polkadot ecosystem. Sequoia Capital has invested in a $1+ million token fundraising at a $250 million protocol valua...

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