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Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds -Breaking

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VC Roundup – Gaming, blockchain infrastructure and crypto fintech dominate the venture capital rounds

With () the macro-based downtrend in cryptocurrency markets,BTCEther (ETHThe indices () showed further weakness towards the end April. However, there is significant venture capital activity within the blockchain and crypto sectors. It is the strongest everThis further supports the idea that investors don’t just care about immediate price actions but also ignore divisive bull/bear stories. This is the Latest edition of VC RoundupThis article highlights the increasing excitement about Web3 Gaming, Decentralized Finance (DeFi), and Blockchain Infrastructure.

Although crypto price volatility was high in the first quarter 2022, venture capital activity was at its highest level ever.

bloXroute receives $70M in capital from large investors

To continue building scalable infrastructure services in the crypto and DeFi sectors, blockchain distributor bloXroute raised $70 million. SoftBank Vision Fund 2 was the leader of Series B, along with Jane Street Capital, ParaFi Capitals, Blindspot Capitals, GSR and other participants. Recently, the company launched their Blockchain Distribution Network. It is expected to reduce network congestion in order to give users reliable information on buy-and-sell orders.

HBAR Foundation Launches $50M Fintech Innovation Fund

Decentralized Venture Studio is supported by crypto industry giants

The $34M Spruce Raise is led by a16z

Gamers raise capital to fund a Web3 studio

GamerGains completes $5.8M seed round, backed by Winklevoss Capital

Venly is a Blockchain Developer. Venly Raised $23M

Oasis.app secures $6M Series A funding round