Joystream raises $5.85M. Blockchain.com raises an undisclosed amount. Brickken raises $2M. Fuel Protocol raises €1.5M. Fractal raises $35M.
Our own “news”
See the new speakers confirmed at European Blockchain Convention 2022
Recap of the Week
2nd biggest crypto hack: $600 million in Ether stolen from maker of Axie Infinity
EU Parliament votes in favor of blocking anonymous crypto payments
Ukraine launches NFT museum to remember the war against Russia and raise funds
Messi joins fan token platform Socios in $20M+ sponsorship deal
ECB shares the results of focus groups as part of its work on the digital euro
Fantasy NFT platform Sorare partners with Major League Soccer
Citi report values metaverse at $10 trillion plus by 2030
Samsung to let its new premium smart TV owners view, buy and display NFTs
U.S. lawmakers introduce a new bill with the hopes of establishing a digital dollar
Latest Funding Rounds in Crypto
🔹 Joystream raises $5.85M in Series Unknown · Founded in 2015 · Norway
JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. It allows creators to sell their videos as NFTs and turn their channels into tokens.
The firm will use the funds to recruit creators and are setting aside $12 million in JOY tokens as an incentive.
Round led by Digital Currency Group, Hypersphere, Defi Alliance and D1 Ventures at $60 million valuation.
🔹 Blockchain.com raises an undisclosed amount · Founded in 2011 · UK
Blockchain.com is a platform that offers ways to buy, hold, and use cryptocurrency.
The firms’ valuation increased from $5.2 billion to $14 billion and enters Decacorn status. The total amount of funding raised is yet to be announced.
Round led by Lightspeed Ventures and Baillie Gifford & Co.
🔹 Brickken raises $2M in Initial Coin Offering · Founded in 2020 · Spain
Brickken’s mission is to give everyone access to liquidity, or investment, through an ecosystem based on an open decentralized protocol, available to all, allowing any asset to be tokenized anywhere in the world in an easy and legal form.
Round co-led by Varys Capital and 0xCapital.
🔹 Fuel Protocol raises €1.5M in Pre-Seed Round · Founded in 2022 · Germany
FUEL platform enable creators to launch, manage, and grow their NFT collection using a broad range of tools.
Round led by Michael Pennington, Seedcamp & 3 others.
🔹 Fractal raises $35M in Seed Round · Founded in 2021 · US
Fractal is a gaming NFT marketplace on Solana, co-founded by Twitch co-founder Justin Kan.
Although they launched on Solana, the platform could expand with further blockchain networks in the future, according to Justin.
Round led by Multicoin Capital and Paradigm.
Acquisitions
🔹 Blockchain.com acquires Altonomy
Terms were undisclosed
Blockchain.com is a platform that offers ways to buy, hold, and use cryptocurrency.
Altonomy is a Singapore-based trading, advisory, and asset management firm specializing in cryptocurrency and digital assets.
The acquisition significantly expands Blockchain.com’s presence in crypto OTC trading.
🔹 YugaLabs acquires CryptoPunks
Terms were undisclosed
Yuga Labs is the company that created the wildly lucrative Bored Ape Yacht Club NFTs.
CryptoPunks is an NFT collection on the ethereum blockchain.
Yuga Labs now owns the copyright in the art, along with 423 CryptoPunks and 1711 Meebits.