This Week In DeFi – May 27

To the DeFi community,

This week a16z has raised a mammoth $4.5 billion for its fourth crypto fund – also its largest to date. The fund will be split into $1.5 billion for seed investments and $3 billion for venture financing. Overall, the fund will focus on web3 gaming, DeFi, decentralized social media, zero-knowledge proofs, self-sovereign identity and more.

Today we are announcing a16z crypto Fund 4. We’ve raised $4.5B to invest in promising web3 founders and startups, bringing our total crypto funds raised to more than $7.6B. 💪 https://t.co/w5fr6QN0Xb
— AriannaSimpson.eth (@AriannaSimpson) May 25, 2022

Ethereum Layer-2 scaling platform developer StarkWare has reached an impressive $8 billion valuation, following a $100 million Series D raise. The raise quadrupled StarkWare’s previous valuation of $2 billion, with Greenoaks Capital and Coatue leading the round. 

We are thrilled to announce our $100M Series D at an $8B valuation.
We would like to thank Greenoaks and

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We współpracy z: https://defirate.com/this-week-in-defi-may-27/

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