Gaming, crypto-fintech and blockchain infrastructure dominate venture capital cycles By Cointelegraph

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VC Roundup: Gaming, crypto-fintech and blockchain infrastructure dominate venture capital cycles

Cryptocurrency markets remain caught in a macro downtrend, with (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the the strongest he’s ever been, offering further evidence that mainstream investors are looking beyond immediate price action and ignoring divisive bull/bear narratives. the latest edition of VC Roundup highlights the growing hype around Web3 games, decentralized finance (DeFi) and blockchain infrastructure.

The first quarter of 2022 was brutal for crypto prices, but venture capital activity was the strongest ever.

bloXroute raises $70 million from major investors

Blockchain delivery network provider bloXroute has raised $70 million in funding to continue building scalable infrastructure services for the cryptocurrency and DeFi industries. The Series B funding round was led by SoftBank Vision Fund 2, with participation from Dragonfly Capital, Jane Street, ParaFi Capital, Blindspot, GSR and others. The company recently launched its Blockchain distribution network, which is believed to overcome network congestion to provide users with reliable buy and sell order information.

HBAR Foundation launches $50 million fintech innovation fund

Crypto Industry Heavyweights Back Decentralized Venture Capital Studio

a16z raises $34 million

Game industry veterans raise capital for Web3 studio

GamerGains closes $5.8 million funding round backed by Winklevoss Capital

Blockchain developer Venly raises $23 million

Oasis.app Secures $6M Series A Funding

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