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 are interested in nonfungible tokens (NFTs), cryptocurrency mortgages, Blockchain-powered cellular network and Web3 Gaming. 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 industryThe month continued after Curated was supported by a significant portion of the company’s investing team. 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 and John Lai also participate in it. AccordingTech Crunch. Traditional art and NFTs have become increasingly valuable in an inflationary climate. A16z is talking about NFTs from at least 2020. That’s a very long time in the crypto world.

Crypto mortgage lender Milo receives $17M

Crypto-friendly neobank raises $77M

FreedomFi raises $9.5M in funding

Web3 platform Joyride raises $14M

Crypto Unicorns concludes $26M token sales