Decentralized market maker Arrakis Finance raises $4 million: Exclusive

Arrakis Finance, a decentralized market-making protocol, raised $4 million in a seed funding round. Investors included Uniswap Labs Ventures, Accel, Polygon Ventures and Robot Ventures. There wa...

NFT infrastructure protocol Decent raises $3.5 million from Y Combinator and others: Exclusive

Decent, an NFT infrastructure protocol that helps artists monetize their work, raised $3.5 million in a seed funding round. Crypto-focused venture capital firm Archetype led the round, with Y Co...

Dan Tapiero says he’s not ‘all that worried’ about FTX crash

Crypto investment firm 10T Holdings is actually “doing ok” this year despite market volatility surrounding the collapse of FTX, hedge fund veteran Dan Tapiero said at the Token2049 confere...

Web3 gaming infrastructure startup Xternity raises $4.5 million: Exclusive

Web3 gaming infrastructure startup Xternity raised $4.5 million in a pre-seed funding round as the space continues to grab the most venture funding. NFX, a pre-seed and seed-stage-focused ventur...

Solana-based gaming platform Arcade2Earn raises $3.2 million: Exclusive

Arcade2Earn, a play-to-earn gaming platform built on the Solana blockchain, has raised $3.2 million in a seed funding round led by Crypto.com Capital. Other investors included Solana Ventures, Shima C...

Why crypto domain names could evolve into the internet’s first identity system

Episode 88 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Unstoppable Domains Founder & CEO Matt Gould. Listen below, and subscribe to The Scoop on Apple, Spo...

Ready Player Me raises $56 million from a16z and others

Ready Player Me, a platform that allows people to create virtual avatars that can be used across the metaverse, has raised $56 million in a Series B funding round amid the crypto funding slump. Andree...

Why new digital communities are forming around ‘fractionalized’ NFTs

Episode 77 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Tessera co-founder and CEO Andy Chorlian. Listen below, and subscribe to The Scoop on Apple, Spotify...

Cosmos liquid staking protocol Stride raises $6.7 million within months of founding

Cosmos staking protocol Stride announced the closing of a $6.7 million seed round co-led by investors North Island VC, Distributed Global and Pantera Capital.  Vishal Talasani only set up Stride with ...

Europe dominates blockchain venture deals in Q2 as growth drops in Asia and the US

With venture funding for blockchain startups declining globally, crypto startup founders struggling to source funding might want to instead head to Europe, a region that’s bucking the trend. Glo...

Aurora protocol Aurigami raises $12 million in token rounds

Aurigami, a decentralized finance (DeFi) protocol based on the Aurora network, has raised $12 million in token rounds. Sharing the news exclusively with The Block on Thursday, Aurigami said out of the...