Apes Crashing Ethereum to Raise Money

In another busy week of capital raising, the switch flipped from NFTs to Metaverse and Gaming projects, though most of the funding came from Yuga Lab’s public virtual land sale. Metaverse/Gaming projects raised $403 million, over two thirds of the total pot this week. The rest of the funds were pretty evenly spread between Infrastructure ($62 million), NFTs ($61 million), CeFi ($34 million), Web3 ($27 million), and lastly, in a major drop from last week, DeFi ($6 million).

Three more funds...

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