More than $ 800 million in new investments is a huge number that shows that the cryptocurrency industry is very interested. Investors have recognized the potential of this industry and have not stopped pouring capital. In the following, many asset news related to the crypto market will be updated.

Crypto Market Investment News: Coatue Invests $ 250 Million In Dapper Labs

Dapper Labs, the cryptocurrency company behind NBA Top Shot and Blockchain Flow, has announced a new $ 250 million funding round led by Coatue. The round brings together the existing investors a16z, GV (formerly Google Ventures) and Version One Ventures with new investors such as BOND and GIC, according to the press release. Dapper Labs will use the new funding to scale and support more branded sports, entertainment and music products online that have been developed on the Flow blockchain, they added.

Crypto Market Investment News: Softbank Vision invests $ 155 million in Blockdaemon

Blockchain infrastructure platform Blockdaemon announced that it raised $ 155 million in a funding round led by SoftBank Vision Fund 2,1, bringing the company’s valuation to $ 1.26 billion. They say the capital raised will help the company expand its team presence in Singapore, Japan, the UK and Germany, as well as make strategic acquisitions and build its technology systems.

Crypto market investment news: Osprey Funds’ Osprey Polygon Trust investment product

Digital asset management company Osprey Funds announced that it has launched its fifth investment product of the year called Osprey Polygon Trust, which invests exclusively in the MATIC-Coin derived from the Polygon network. The Osprey Polygon Trust is now available to accredited investors to sign up with with a minimum investment of $ 10,000. The sponsor intends to list the fund on the OTCQX market as soon as possible and has also agreed to waive management fees for all investors until January 2023.

Crypto Market Investment News: Orca $ 18 million raised for new capital

Orca, a decentralized cryptocurrency exchange (DEX) based on Solana (SOL), has reportedly raised $ 18 million in new funds led by Polychain, Placeholder and Three Arrows Capital. Other participants are Jump Capital, Sino Global Capital, Collab & Currency, DeFiance, Zee Prime, Coinbase Ventures, Solana Capital and several angel investors. “These investors will be on our way to make Orca the barter partner for the Solana ecosystem,” they said.

Crypto Market Investment News: Digital ID cheqd raised $ 2.6 million from investors

The digital ID startup cheqd has raised $ 2.6 million in a financing round supported by investors Outlier Ventures, Evernym, TitanBlock and others. The funds raised are set to help the company get its products to market later this year, including digital IDs and a payment system so users can cover the costs.

Crypto Market Investment News: eToro increases stake in GoodDollar from $ 58,000 to $ 1 million

The multi-asset investment platform eToro has announced that it will increase its share of the Universal Basic Income Protocol (UBI) of the non-profit organization GoodDollar from USD 58,000 to USD 1 million. The additional capital will fund a protocol extension designed to advance financial literacy and fill the global wealth gap by combining smart contract, DeFi and crypto token mechanics.

Crypto Market Investment News: Kava Labs is investing $ 185 million in the KAVA ecosystem

Kava Labs, an open source and undisclosed developer of financial products and services for decentralized finance (DeFi), says it has launched a $ 185 million fund to develop financial products and services in the Kava ecosystem. The platform claims it has three protocols, $ 2.1 billion in on-chain assets, over 280,000 users, and $ 1.8 billion in cross-chain transactions.

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