New Year, Same Themes (DeFi and NFTs)
Jan 7, 2022
• 8
Min Read
Key Takeaways
Venture capital funds kicked off 2022 with $359 million invested in NFT projects that are focused on continuing to grow the NFT ecosystem through creator and project incubation. DeFi investment was also highly active, raising $396 million this week, mostly for expanding existing protocols’ product and service offerings. Web3.0 infrastructure projects raised $30 million, $6 million went to gaming, and Bitfarms is keeping its foot on the gas with a $100 million Bitcoin mining expansion roadmap.Active investors this week include Animoca Brands, CoinFund, DCG, and a16z.Deal of ...