As the market continues to slump, the valuation of projects in the encryption market has also shrunk significantly compared to before. From the statistics of this week (a total of 7 projects), the number of investment and financing of web3 infrastructure projects (2) has decreased significantly, and NFT ( 4) projects are still key investment objects in the market, and the number of investment and financing of DeFi (1) projects has been greatly reduced. CGV and CTC have summarized the investment and financing information worth noting in the global encryption market for a week. The following is the investment and financing information of the global encryption market from June 20 to June 26, 2022:
【infrastructure】
1. Finhay|B round of financing 25 million US dollars|Openspace Ventures led the investment
On June 23, Finhay, a Vietnamese digital investment platform, announced the completion of US$25 million in Series B financing. This round of financing was led by Openspace Ventures and VIG, with participation from Insignia, TVS, Headline, TNBAura, and IVC.Investments. Founded in 2017, Finhay is a licensed brokerage company and online investment platform in Vietnam. It mainly provides digital financial services and has more than 2.7 million users. Its business covers emerging vertical fields such as online transactions, financial technology, digital assets, blockchain and payments. .
2. Flowdesk|A round of financing of 30 million US dollars|Coinbase and others participated in the investment
On June 24, Flowdesk, an encrypted financial services company, completed a US$30 million Series A financing, which was participated by Coinbase, Ledger, Eurazeo, Aglaé Ventures, ISAI, Speedinvest, Fabric.vc and some angel investors.
【NFT】
3. Astaria|Financing of US$8 million|Genesis Trading and others participated in the investment
On June 20, NFT lending platform Astaria completed $8 million in financing, with participation from True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, Ledger Prime, Hypersphere Ventures, and TheLAO.
4. Magic Eden|B round of financing 130 million US dollars|Electric Capital led the investment
On June 21, Magic Eden, the Solana ecological NFT market, announced the completion of a US$130 million Series B financing, led by Electric Capital and Greylock, with a post-money valuation of US$1.6 billion. MagicEden plans to use the funds to expand its primary and secondary market size.
5. Cyan|Seed round of US$2 million|Animoca Brands led the investment
On June 24, NFT financial service agreement Cyan completed a US$2 million seed round of financing, led by gumi Cryptos Capital (gCC) and Animoca Brands, with participation from OpenSea, Fabric Ventures, and Bastion Tradingm.
6. Cryptoys|A round of financing of 23 million US dollars|a16z led the investment
On June 24, Cryptoys, a digital toy NFT platform, completed a $23 million Series A round of financing led by a16z, with participation from Mattel, Dapper Labs, Draper & Associates, Acrew Capital, CoinFund, Animoca Brands, and Sound Ventures.
【DeFi】
7.Increment|Seed round financing of US$1.56 million|ParaFi Capital led the investment
On June 20, Increment, a decentralized perpetual contract, announced the completion of a $1.56 million seed round of financing, led by ParaFi Capital, with participation from Delphi Digital, Dialectic, AngelDAO, LedgerPrime, and SkyVision Capital.
About CGV FOF: CGV FOF is a fund of funds from Asia, focusing on investing in Crypto Fund and Crypto Studio. CGV FOF is composed of family funds from Japan, South Korea, mainland China and Taiwan, headquartered in Japan, and also has branches in Singapore and Canada. CGV FOF includes MetaEstate, EstateTrader, Everland and other brands and companies.