Venture Capital Is Noticing African CeFi

Feb 25, 2022 • 8 Min Read

Key Takeaways

The biggest news in venture capital this week was the $1 billion private token sale with Terra, which we wrote about in more detail in our Crypto Weekly report. Other than the Terra private sale, Centralized Finance projects took home the bacon, raising $475 million across just three projects. Infrastructure investments raised $103 million mostly in early-stage, low price tag funding rounds. Three gaming / NFT projects received $13 million. Something we are noticing is an emerging trend of venture capital investments into African-based projects, accounting for 3 of this week’s r...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In