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The investment came from JDI Ventures the investment and incubation arm of blockchain hardware manufacturer JDI Global.
Placeholder VC led the round with participation from Jump Crypto, Delphi Digital, Wintermute, Hashed, Robot Ventures, Selini Capital, and Amber Group.
The companies have teamed up with the Saudi Arabia Ministry of Culture to launch a “Cultural Universe”, the world’s first government-operated national Metaverse.
This fundraising allows Flare to reduce the liquidity of the $FLR token while also increasing ecosystem investment.
The Ethereum-based platform said it will use some of the fresh capital to hire marketing staff.
NodeShift will use the concept of discounting excess computing capacity used by large cloud providers to offer a single API that gives Web3 developers access to excess computing power.
EigenLayer enables Web3 developers building on top of Ethereum to leverage the blockchain’s security for their networks.
PSG is now the first sports team to become a validator for a blockchain company.
The company is revamping its original point-based rewards program with a blockchain-based program that uses NFTs to reward fans.
The fundraising attracted participation from Polychain Capital, Hack VC, Poker Go, Accomplice, Paper Ventures, and Folius Ventures among others.