What Bear Market? Crypto Startups Raised $115M Last Week

My portfolio is bleeding red but yeah,

Spot crypto markets may still be deep in bear territory but venture capital investment is still flowing in to Web3 startups.

More than $115 million was raised last week alone across a number of crypto startups.

The largest raise of the week was blockchain game studio Proof of Play which netted $33 million in a round led by Andreessen Horowitz.