This week, crypto exchange Kraken stole the show with its $42.5 million grant raise from Optimism.
Kraken has disclosed its latest decision to launch Ink, a layer-2 on the Optimism (OP) blockchain. As a part of the deal, Optimism has announced that they will offer $42.5 million, or 25 million OP tokens.
This has brought the exchange’s funds raised to date to $164.8 million. Crypto.news dug deeper into the firms that raised the most capital from Oct. 27 to Nov 2.
Here are the firms that bagged million-dollar amounts during this period, according to data from Crypto Fundraising.
Glow Labs, $30 million
- Glow Labs is a community-powered platform that aims at ramping up global solar energy adoption.
- The firm raised $30 million from Framework and Union Square Ventures.
Nillion, $25 million
- Nillion has raised $25 million from investors like Hack VC.
- So far, the decentralized network for secure storage has raised $50 million.
Ellipsis Labs, $21 million
- The platform that builds sustainable and efficient DeFi protocols has raised $21 million from HAUN.
- Ellipsis Labs has raised a total of $23.3 million to date.
Chainway Labs, $14 million
- The blockchain infrastructure company focused on Bitcoin, Ethereum, and Zero Knowledge technology has raised $14 million in a Series A round from Founders Fund and other investors.
- Chainway Labs has raised $16.7 million so far.
