Proof Collective raised $50M in a Series A funding round led by Andreessen Horowitz with participation from Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six. The company raised $10M in an April funding round and announced an upcoming NFT project called Moonbirds Mythics scheduled for launch in 2023.
Animoca Brands raised $100M in a funding round led by Singapore’s state investment fund Temasek. The company raised $75M in July from existing investors Liberty City Ventures, 10T and Kingsway Capital.
Yuga Labs released an IP licensing agreement for CryptoPunks and Meebits that gives holders full commercialization rights to create projects and products based on their NFTs. Yuga Labs bought the collections from Larva Labs in March.
Injective raised $40M in a funding round led by Jump Crypto with participation from BH Digital. The funds will be used to boost the utility of the DEX protocol’s native INJ token and resolve scalability issues and bottlenecks.
Decentralized autonomous organization CreatorDAO raised $20M in a seed funding round led by Andreessen Horowitz and Initialized Capital. Entertainers such as Paris Hilton and The Chainsmokers participated in funding the DAO that invests in creators in exchange for a percentage of their future earnings.
Las Vegas-based Bitcoin miner CleanSpark purchased a 36MW facility and 3,400 mining rigs in Georgia U.S. for $25.1M as the company continues to take advantage of the market downturn. The company previously expanded with the acquisition of 1,800 machines in June and another 1,000 operating in New York in July.
Cross-chain messaging protocol Nomad has been exploited by attackers via spoofed transactions for an estimated $200M. This hack comes days after the company announced a $22.4M seed round at a $225M valuation led by Polygon.
NFT domain provider Unstoppable Domains raised $65M in a Series A funding round at a $1B valuation, led by Pantera Capital. The funds will be allocated to reducing the friction of cryptoasset payments between applications and building out reputation-based reward programs.
Decentralized trading platform Hashflow raised $25M in a Series A funding round at a $400M valuation. The funds will be allocated to the company’s expansion into structured products and a request-for-quote platform scheduled to launch by Q4 2022.
Blockchain infrastructure provider Chain acquired the Measurable Data Token ecosystem for $100M and will merge the two token ecosystems, XCN and MDT. The deal also includes the cash-back application RewardMe and financial data protocol MeFi.