This past week, venture investments in the crypto space reached $105 million. Among notable projects were Taproot Wizards, DePIN, and AI integration in blockchain technology.
Investments in Taproot Wizards
The NFT marketplace Taproot Wizards secured $30 million, with participation from Standard Crypto, Cyber Fund, and Colludere. The project was founded by Udi Wertheimer and Eric Wall and is being built on the Bitcoin blockchain.
Funding for Reservoir and Olas
Crypto infrastructure startup Reservoir secured $14 million in Series A funding. Union Square Ventures, Variant, and Archetype are backing this project. Olas raised $13.8 million with the support of 1kx, Toska Capital, and Sigil Fund.
Additional Projects and Rounds Under $10 Million
Among other notable rounds, Beamable raised $13.5 million for its game infrastructure. Superlogic raised $13.7 million, and The Game Company secured $10 million for its cloud gaming service.
The crypto space continues to attract significant investment. Opportunities in AI, DePIN, and NFTs continue to garner attention from investors.
