Funding

Coinbase CEO Brian Armstrong (Coinbase)
Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor's Successful Bitcoin Playbook
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
Coinbase CEO Brian Armstrong (Coinbase)

Partial eclipse over a bridge.
Blockchain Builder Eclipse Labs Raises $50M Ahead of Layer-2’s Mainnet Debut
The project mixes tech from Ethereum, Solana and other blockchains.
Partial eclipse over a bridge.

Armani Ferrante (Danny Nelson/CoinDesk)
Solana Veterans Raise $17M for 'Backpack' Crypto Wallet, Exchange
Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.
Armani Ferrante (Danny Nelson/CoinDesk)

hand holding $20 bill in front of trees
Crypto News Site The Block Bought by Foresight Ventures in $70M Deal
The crypto data and news site plans to expand in Asia and the Middle East.
hand holding $20 bill in front of trees

two fingers adding a coin to one pile of coins among many
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
two fingers adding a coin to one pile of coins among many

(Ashin K Suresh/Unsplash, modified by CoinDesk)
A Better Way to Distribute Crypto Ecosystem Grants
Token project treasuries, foundations and grant programs are a necessary lifeline during the bear market. But this funding could be more fairly disbursed, Lunar Strategy's Tim...
(Ashin K Suresh/Unsplash, modified by CoinDesk)

hand holding $20 bill in front of trees
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.
hand holding $20 bill in front of trees

(Shutterstock)
Blockchain Developer Cronos Labs Kicks Off Search for Participants in $100M Accelerator Program
Cronos Labs has signed up Google Cloud, Amazon Web Services and blockchain security specialists PeckShield and Certik as mentors for the program.
(Shutterstock)

McNuggets Land in The Sandbox
OpenSea’s New Deal, McNuggets Land in the Metaverse
The NFT marketplace is letting collectors trade directly with one another, McDonald’s launches a virtual experience and more Web3 news of the week.
McNuggets Land in The Sandbox