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Crypto funding: A $44M week for up-and-coming Web3, blockchain scalers



Web3 gaming and social media development brought home a few raises of their own this week Crypto firms announced fundraising more than $44 million in fresh capital, but one raise was a clear standout among all the rest.

Hi, a burgeoning Web3 eco_, raised $30 million from Animoca Brands.

Hi has a litany of listed products on its website, ranging from a crypto exchange to a savings program that offers annual percentage yields.

The partnership between Hi and Animoca will focus on the Hi payments app, which isn’t available in the US, and its layer-2 protocol.
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