TLDR:
– Centrifuge, Crypto Valley Exchange, and Nebra secured new rounds of funding from VC investors.
– Crypto Valley Exchange raised $7 million in a funding round led by Fabric Ventures and Kyber Capital Crypto Fund.
Article Summary:
Venture capital (VC) investors were active as Centrifuge, Crypto Valley Exchange, and Nebra locked in new funding rounds.
Crypto Valley Exchange raised $7 million in a round led by Fabric Ventures and Kyber Capital Crypto Fund. Notable backers included AMDAX, Wave Digital, and Funfair Ventures. The exchange aims to offer a DEX for crypto enthusiasts with specialized bid-offer dynamics.
Centrifuge announced a $15 million Series A funding round to establish itself as the platform for real-world asset (RWA) tokenization. It plans to launch an institutional-grade lending market for RWAs on the Base layer-2 network.
Nebra secured $4.5 million in investment for its blockchain and ZKP research platform. The funding round included participation from angel investors and aims to create a “shared settlement layer” for web3.
