Market down, raises through the roof - a week of huge numbers

Happy Monday each and every one of you, I hope your miami hangover has finally chilled out and you’ve had a chance to get your bearings again after the big drops, Elon’s flipflopping (but hey, that Model S Plaid, eh?). The total value locked in DeFi is down at $60bn after that incredible top back in May but it does seem to be settling into this area quite nicely. And while we’re on the subject of numbers last week saw some huge funding announcements from teams that literally had my jaw on the floor.

Links
https://www.theblockcrypto.com/post/107749/solana-labs-raises-314-million-funding-a16z-polychain-capital
https://www.coindesk.com/blockchain-staking-firm-blockdaemon-raises-28m-in-series-a-funding
https://twitter.com/hummingbot_io/status/1402628435697078274
https://www.theblockcrypto.com/linked/108224/defi-startup-instadapp-raises-10-million-in-new-funding?utm_source=twitter&utm_medium=social
https://www.barrons.com/articles/covid-alien-cryptopunk-sells-for-10-million-in-sothebys-sale-01623336573
https://www.ledger.com/ledger-raises-380-million-to-make-digital-assets-more-secure-and-accessible-to-everyone

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