Binance's Acquisition Spree Continues

Funding dropped considerably this week, falling to $26m from $503 million last week. Infrastructure deals led funding with 42% of the capital raised. All the fundraising this week was in the seed round stage. The largest deal raised was a $7.8 million seed round by Revel, an NFT minting and trading marketplace. While NFT volume has fallen off a cliff since the high levels of activity seen late last year, many large consumer-facing firms such as Nike, Facebook, and Starbucks have continued to experiment on their potential applications for consumer activations. We go into more detail on the sign...