The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Venture capitalists have been interested in crypto mortgages and nonfungible tokens like NFTs. They also love blockchain-powered mobile networks, Web3 gaming, and even crypto mortgages. These new and familiar investment themes headline the latest edition of VC Roundup, as venture funds continue to target blockchain’s most promising value plays.

a16z execs back new NFT fund

Andreessen Horowitz’s foray into the blockchain industryThis month, the fund continued to grow after large sections of its investors backed Curated, a nonfungible token-fund. This fund is valued at $30 million and has one purpose: to buy and hold NFT artwork. The investors of the fund include Arianna Simpson and Marc Andreessen. Andrew Chen, Andrew Chen, Chris Dixon, John Lai. As perTech Crunch. Traditional art and NFTs have become increasingly valuable in an inflationary climate. (Interestingly, the crypto industry’s a16z blog has talked about NFTs at least since 2020.

Crypto mortgage lender Milo receives $17M

Crypto-friendly neobank raises $77M

FreedomFi secures funding of $9.5M

Web3 platform Joyride raises $14M

Crypto Unicorns sells $26M worth of tokens