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VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization

Published 05/30/2022, 10:00 AM
Updated 05/30/2022, 11:40 AM
VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization

Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But, if we look beyond the immediate price action, we observe an industry that continues to grow and evolve, as well as attract sizable capital investments from major funders. The latest edition of venture capital (VC) Roundup highlights the continued growth of Web3 gaming, metaverse applications and even decentralized finance (DeFi) protocols.

Related: Crypto Biz: Smart Money is betting big on Web3, layer 2, May 19-25

Andreessen Horowitz backs Irreverent Labs

Canadian tech education company raises $7M for metaverse engine

N3TWORK Studios closes Series A

Global hacker movement gets backing from blockchain VCs

DeFi protocol raises $30M

DAO management platform closes funding round

Centrifuge lands BlockTower partnership

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