​​Project Galaxy (GAL) will get listed on Coinbase & Coinbase Pro on May 5th. Trading will go live once liquidity conditions are met.

​​Blockchain gaming platform LootRush closes $12M seed round. The round was led by Paradigm with participation from Andreessen Horowitz (a16z). Y Combinator and a group of angel investors, including the founders of Axie Infinity, Plaid, Wildlife Studios, Dapper Labs, The Chainsmokers, and Vivi Nevo are among investors.

​​Some of the recent private fundraising events among blockchain startups you should know about. May 2022, part 1.
Data source: @crypto_fundraising

​​Binance will list Lido DAO (LDO) on May 9th. Trading will open for LDO/BTC, LDO/BUSD, and LDO/USDT trading pairs at 11:00 (UTC).

​​Web traffic to crypto exchanges in April 2022. According to the data from SimilarWeb in April a cumulative web traffic to cryptocurrency exchanges has decreased by 11%.

​​BOBA token can now be used for gas fees on Boba Network. According to the blog post ETH can still be used for this purpose while paying the fees in BOBA will result in a 25% gas fee discount.

​​Solana-based P2E game Nyan Heroes has closed $7.5M strategic round at $100M valuation. Kosmos Ventures, Sino Global Capital, Shima Capital, Petrock Capital, Morningstar Ventures, 32-bit Ventures, CryptoCom, Tess Ventures, Master Ventures, Wave7, Ancient8, Drops Ventures, Andromeda Capital, Salad Ventures, Moonchain Capital and Snackclub are among investors.

​​KuCoin raises $150M round led by Jump Crypto at $10B valuation. Other investors who participated in the round include Circle Ventures, IDG Capital and Matrix Partners.

​​Africa-focused Web3 banking app Jambo has closed $30M Series A funding round led by crypto-focused venture firm Paradigm. It is Paradigm’s first investment in the continent. Other high-profile investors in the round include Pantera Capital, Delphi Ventures, Kingsway Capital and Gemini Frontier Fund.

​​Flow launches $725M blockchain development fund with A16z, Digital Currency Group, Coatue, Dapper Ventures and other Investors. The joint venture will provide the blockchain’s developers with support including accelerators and incubators, investments.

​​Chainflip Labs secures $10M for its cross-chain DEX. Framework Ventures, Blockchain Capital and Pantera Capital have backed the decentralized exchange. Chainflip Labs is plotting an Initial DEX Offering for later this year.

​​Some of the recent private fundraising events among blockchain startups you should know about. May 2022, part 2.
Data source: @crypto_fundraising

​​Luna Foundation has sold 80,081 BTC reserves to maintain UST peg. According to the recent blog post on May 16th 313 BTC has left in reserve out 80,394 BTC that were held in early May.

​​Some of the recent private fundraising events among blockchain startups you should know about. May 2022, part 3.

​​Flow (FLOW) gets listed on Coinbase and Coinbase Pro on May 18th. Trading will go live once liquidity conditions are met.

​​Some of the recent private fundraising events among blockchain startups you should know about. May 2022, part 4.

​​Andreessen Horowitz has raised its biggest ever $4.5B crypto dedicated fund. The firm plans to allocate $1.5B to seed investments in Web3, and $3B to more traditional startup investments. The new announcement brings its total dedicated to crypto and blockchain to over $7.6B.

​​Ethereum Layer 2 developer StarkWare raises $100M at $8B valuation. The round was led by Greenoaks Capital and Coatue. Tiger Global participated, as did other new and existing investors that were not disclosed.

​​The Sandbox (SAND) will get listed on Coinbase and Coinbase Pro on May 26th. Trading will begin on or after 9AM PT on Thurs May 26th if liquidity conditions are met.

​​Some of the recent private fundraising events among blockchain startups you should know about. May 2022, part 5.

​​Moonbeam Network has enabled liquid staking on Polkadot via Lido. Moonbeam, a connectivity layer between the Ethereum blockchain and services being built on Polkadot, now offers Lido staking solutions to its users.