Argent raises $40M. 0x Labs raises $70M. Peculium raises €10M. Sun Zu Lab raises $1.5M. White Sands raises $8M.
Recap of the Week
New York State passes ban on new BTC mines that don’t use green power
Fidelity will offer americans the chance to add bitcoin to their pension plans
Brazil’s Senate approves ‘Bitcoin law’ to regulate cryptocurrencies
Nike owned RTFKT drops Nike CryptoKicks NFT
Mizuho Trust to issue real estate security tokens
Mexico plans a retail CBDC by 2025
Twitter creators can now receive payment in USDC stablecoin via Stripe
Cuban central bank makes it official: bitcoin licensing coming in May
Central African Republic will adopt Bitcoin as legal tender
Grayscale to expand crypto fund into Europe
Latest Funding Rounds in Crypto
Peculium raises €10M · Founded in 2018 · France
Peculium is developing a crypto savings management platform based on Big Data, Machine Learning and natural language processing.
Peculium aims to bring advanced wealth management services to the world of digital assets.
Round led by The Global Emerging Markets Group.
0x Labs raises $70M in a Series B· Founded in 2016 · US
0x Labs is the company behind 0x, an open-source decentralized exchange (DEX) protocol.
0x allows for the peer-to-peer exchange of tokenized assets, including NFTs, which prove ownership of a unique digital item.
Last week, Coinbase announced that had chosen 0x to power its just-debuted social NFT marketplace.
Greylock, Coinbase, Pantera Capital and OpenSea participated in the round.
Argent raises $40M in Series B · Founded in 2017 · UK
Argent is an Ethereum mobile crypto wallet app that promises the security and user freedom of a non-custodial wallet without the need to learn and guard a seed phrase.
Argent plans to build a Super App combining virtual real estate, gaming, DAOs, and NFTs.
Round led by Animoca Brands, Fabric Ventures and Metaplanet.
White Sands raises $8M in Pre-Seed round · Founded in 2022 · Ireland
White Sands is a metaverse ecosystem built on NFT Worlds and the Ethereum blockchain. The company plans to build a luxury virtual world.
Owners of property in the White Sands virtual world get access to homes that can be customized with NFTs and items such as furniture, vehicles and pets.
BiLira raises a $2.5M in Seed Round · Founded in 2019 · Turkey
BiLira is the first ERC-20 stablecoin that is backed by the Turkish Lira.
They aim to increase cooperation, especially in new global DeFi platforms and stock markets, and to develop new products on the blockchain networks they are on.
BiLira also has a mission to increase blockchain literacy in Turkey.
Round led by 21Shares & Finberg
REDD Real Estate Digital Data raises $1.5M · Founded in 2018 · Poland
REDD is a digital blockchain-based ecosystem for the commercial real estate industry.
The platform combines Big Data and AI tools to give analysts, investors, developers, agencies, scientists and journalists access to a large inventory of verified data about real estate for sale and rent.
Sun Zu Lab raises €1.5M · Founded in 2020 · France
Sun Zu Lab provides crypto professionals with liquidity analytics in the form of quant reports and dashboards fed in real time.
They aim to become the leading independent provider of quantitative analysis tools and services in the cryptocurrency market.
Round led by Elaia, Kima Ventures & others.
Acquisitions
Foundry Digital acquires Upstate Interactive
Terms were undisclosed
Foundry Digital is a US-based financing and advisory company focused on digital asset mining and staking.
Upstate Interactive is a US-based women-owned software consultancy.
Working together and combining expertise will unlock the potential to empower a decentralized infrastructure on a much larger scale.
OpeanSea acquires Gem.xyz
Terms were undisclosed
OpenSea is an NFT marketplace that enables users to discover, collect, and sell blockchain-based digital assets.
Gem.xyz helps users to buy NFTs across multiple marketplaces in a single transaction, pay with any ERC-20 token rather than spending their ETH and view analytics.
With this acquisition, OpenSea intends to continually integrate more Gem features into its NFT marketplace in the future.