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Payments rail Lightning Network, DeFi trading platform and blockchain security firm raise millions

Even with the onset of the crypto winter, 2022 has been a pivotal yr for enterprise capital funding. Crypto and blockchain firms collectively lifted $30.3 billion in enterprise capital within the first half of 2022, surpassing all of final yr’s totals. While the variety of transactions has declined in latest months, startups on the intersection of blockchain funds, decentralized finance (DeFi) and cybersecurity are nonetheless attracting appreciable curiosity from the VC group. The newest version of Overview of CVs highlights a few of the most intriguing funding offers of the previous month.

Related: The Risks and Benefits of VCs for Crypto Communities

ZEBEDEE closes $35M Series B

ZEBEDEE, a Bitcoin (BTC) powered by a cost processor for the gaming trade, raised $35 million from a number of buyers together with Kingsway Capital, The Raine Group and Square Enix. ZEBEDEE is mainly a platform that permits recreation builders to include programmable cash, together with BTC, into their video games. The cost platform is powered by Lightning Networkmaking ZEBEDEE a “Bitcoin facilitator of choice” for its companions, in keeping with Kingsway Capital managing companion Afonso Campos.

Blockchain Security Company Raises $90M Series A

Blockchain security firm Halborn closed a $90 million funding spherical in July led by Summit Partners with further participation from Castle Island Ventures, Digital Currency Group and Brevan Howard, amongst others. Halborn was based in 2019 by moral hackers providing blockchain security companies. The firm lately warned MetaMask customers be weary of a phishing marketing campaign focusing on their browser wallets.

DeFi Hashflow Platform Raises $25M in Series A Funding

Hashflow, a decentralized monetary trading platform headquartered in San Francisco, closed a $25 million funding spherical backed by a few of the largest enterprise capital funds in crypto. The funding spherical, which concerned Jump Crypto, Electric Capital, Dragonfly Capital Partners, and GSR, will assist Hashflow develop its product choices for market markers and institutional merchants.

Socios acquires 24.5% stake in Barca Studios

Socios Fan Engagement Token Platform introduced in early August that it could make investments $100 million in Barca Studios, the digital content material arm of FC Barcelona soccer membership. Socios, which is owned by blockchain know-how supplier Chiliz, will assist FC Barcelona speed up its Web3 and non-fungible token (NFT) engagement technique. Specifically, Barca Studios is pursuing NFT and metaverse initiatives that can assist the soccer membership interact with its huge world fanbase, and will leverage the Socios blockchain to implement the technique.

Related: Crypto Biz: Gucci “monkey” in crypto

EtherMail secures seed funding for wallet-to-wallet communications

Web3 messaging answer EtherMail has raised $3 million forward of the deliberate launch of its crypto wallet-to-wallet communication service. Scheduled for launch within the third quarter, EtherMail permits Web3 firms to ship “rich, relevant content directly to their asset owners,” decreasing the chance of communication fraud. The service additionally streamlines the distribution of group newsletters by enabling self-contained, self-updating mailing lists. The funding spherical was led by Fabric Ventures and Greenfield One.

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