Funding Roundup: Despite Bear Market, Money Is Still Pouring Into Crypto
— Roundup, Pouring, Money, Bear, Rubix, Capital, Nexo, Crypto, Market, Million — 1 min read
Rubix lands a $100 million investment from LDA Capital. Nexo considers acquiring Singaporean-based rival Vauld from Celsius. Konvoy, backed by Axie Infinity developer Sky Mavis, will launch a $150 million fund to continue investing in blockchain games. Kaiko raised a $53 million Series B led by Eight Roads Ventures. Bitcoin mining company TeraWulf received an additional $50 million in loans from Wilmington Trust to build data center infrastructure. BlockSec raised an $8 million seed round co-led by Vitalbridge Capital and Matrix Partners. Qiibee, a blockchain-based B2B rewards marketplace that offers crypto and loyalty platforms for businesses and consumers, closed a $4.8 million Seed round. Source