Infrastructure Deals Take the Spotlight in Funding

Infrastructure companies building derivatives, lending, analytics, institutional services, telecommunications, and digital payments raised an aggregate $1.63 billion this week. New Venture Capital funds raised $150 million this week with a Web 3.0 and blockchain gaming focus. A metaverse dedicated hackathon will give away $50 million in prizes and seed funding and an ecosystem fund of $15 million will be deployed by the Umbrella Network. Active investors this week include Alameda Research, CoinFund, DCG, a16z, and Jump CapitalDeal of the Week: NYDIG raised $1 billion at a $7 billion valuation...