The past two years have been monumental for the cryptocurrency industry.
Bitcoin, Ethereum, and many other projects have hit new all-time highs and the total market capitalization for crypto surpassed $3 trillion for the first time.
Despite the recent downturn, crypto projects are still raising hundreds of millions of dollars from crypto-native investments firms and even those from the traditional finance world who are warming up to the digital asset world.
If you’re interested in seeing where money is flowing in crypto, then look no further.
We at the Bankless Times have listed the top fundraising rounds in March 2022 below.
Yuga Labs - $450,000,000
Notable investors: Andreessen Horowitz, Animoca Brands, FTX, LionTree, The Sandbox, Tiger Management Global, Mark Cuban
Consensys - $450,000,000
Notable investors: Microsoft, ParaFi Capital, Temasek, Softbank
Immutable - $200,000,000
Notable investors: Temasek, ParaFi Capital, Tencent, Animoca Brands, Alameda Research
Optimism - $150,000,000
Notable investors: Paradigm, Andreessen Horowitz
AngelList - $100,000,000
Notable investors: Tiger Global Management, Accomplice
Mina Protocol - $92,000,000
Notable investors: Three Arrows Capital, Fenbushi Capital,
Hex Trust - $88,000,000
Notable investors: Animoca Brands, Ripple, Terra, Sino Global Capital, BlockFi
Lunar - $77,000,000
Notable investors: Will Ferrell, Heartland, IDC Ventures
Lido - $70,000,000
Notable investors: Andreessen Horowitz
Blofin - $50,000,000
Notable investors: KuCoin Labs, SIG, Matrix Partners
VALR - $50,000,000
Notable investors: Pantera Capital, Alameda Research, Coinbase Ventures,
Kyash - $41,200,000
Notable investors: Altos Ventures, Goodwater Capital, StepStone Group, Greyhound Capital
Tenderly - $40,000,000
Notable investors: Spark Capital, Coinbase Ventures, UniSwap
Subspace Labs - $32,900,000
Notable investors: Pantera Capital, Consensys Mesh, Coinbase Ventures, Crypto.com Capital, Alameda Research, Gate Ventures
Espresso - $32,000,000
Notable investors: Sequoia Capital, Greylock Partners, Polychain Capital, Alameda Research, Gemini, Coinbase Ventures, Paxos, Terra, Robot Ventures
Magic Eden - $27,000,000
Notable investors: Paradigm, Sequoia Capital, Solana Capital,
Gauntlet Network - $23,800,000
Notable investors: Paradigm, Polychain Capital, Ribbit Capital
