Infrastructure and DAO Tooling in the Spotlight

Key Takeaways

Infrastructure remained the hottest sector in crypto this week, with Helium’s $200 million raise as the stand-out. NFT/metaverse projects also remain of interest to investors broadly. The sub-category of DAO tooling is gaining more traction with RabbitHole’s $18 million raise. Like last week, DeFi was relatively inactive, with only a few deals closed focusing on derivatives and cross-chain liquidity.  Active investors this week include Multicoin Capital, Tiger Global, Alameda Research, Polychain Capital, Dragonfly Capital, Seven Seven Six, Sequoia Capital, and Jump Capital, a...