This week, the Web3 ecosystem has seen investment activity and strategic partnerships highlighting growth and innovation in the blockchain and cryptocurrency space. Stablecoin protocol Satoshi Protocol, part of the Bitcoin ecosystem, announced the completion of its first round of funding of $2 million.
Trading firm Auros Ventures plans to invest more than $50 million in early-stage digital asset startups over the next two years.
Payment network Partior, backed by JPMorgan, DBS and Standard Chartered, has raised $60 million in Series B investment.
Morgan Creek Digital plans to raise up to $500 million for its new venture fund Web3.
Blockchain company Rome received $9 million in investment. 🚀💰