VC Roundup: ‘Web5,’ Metaverse sports and Bitcoin monetization startups generate buzz
— Generate, Startups, Buzz, Round, Crypto, Roundup, Funding, Bitcoin, Metaverse, Ventures — 1 min read
PolySign’s quest to bring institutional-level crypto custody solutions to investors has received backing from several venture capital firms. PolySign recently raised $53 million in Series C financing backed by Cowen Digital, Brevan Howard, GSR and more. Nonfungible token application Floor has closed a Series A investment round valued at $8 million. Bitcoin and Lightning Network payments platform Mash raised $6 million in seed funding in June as part of its efforts to remonetize the internet for developers and content creators. Euler is a decentralized finance protocol built on Ethereum that allows users to lend and borrow crypto assets. KYVE has raised $9 million in funding ahead of a planned mainnet launch slated for the fourth quarter of 2022. Source