- Building Web3
- Posts
- Breaking: TradFi. Crypto enters dawn of new era 📈
Breaking: TradFi. Crypto enters dawn of new era 📈
Bonus: Blackrock's Multichain Plan + Deal Flow Friday
GM Builders. 🚧
Welcome back to the BW3 newsletter! Today we have a light, yet oh so bullish read as your appetizer for the Jake Paul vs. Mike Tyson fight 👊
Here’s the punchline today:
TradFi is breaking, Crypto is booming 📈
Blackrock’s Multichain Plan ⛓️
Deal Flow Friday 🤑
Meme City 🌇
TRADFI BREAKING, CRYPTO BOOMING 📈
It’s always a bittersweet feeling when Crypto prices are up but stocks are up the same, if not even more.
Well… That was not the case today!
Check this out 👇️
S&P 500 → -1.32% today
Total Crypto Market Cap → +3.62%
That’s over a 2% divergence!! Not something you see everyday, eh?
And people noticed 👇️
The divergence today between blue chip stocks (down) and crypto (up) is one of the largest I’ve seen in awhile 👀
— Andrew (@A_Abbs)
12:26 AM • Nov 16, 2024
Maybe it’s time for A16Z to release their “Crypto is eating the world” blog 👀
Either way you slice or dice it, the charts DON’T LIE 🫡
Even those good old stable bois that have ZERO chance to 2, 3, or 4x (like your latest memecoin) are passing up traditional finance systems!
Stablecoins have never been sexier 🥵
— Jenn (@djenn)
4:04 PM • Nov 15, 2024
HODL on Lads and Lassies 🫡
BLACKROCK’S MULTICHAIN PLAN ⛓️
There you have it folks. The institutional behemoth, Blackrock, takes a stroll down interoperability lane. A new era is truly upon us.
BREAKING: BLACKROCK GOES MULTI-CHAIN
The world's largest asset manager partnered with Securitize to launch BUIDL, their flagship tokenized treasury fund, on 5 new blockchains:
Aptos, Arbitrum, Avalanche, Optimism, Polygon
— RWA.xyz (@RWA_xyz)
5:07 PM • Nov 13, 2024
Here’s a look at a breakdown by the numbers:
gm, Avalanche 🔺
— RWA.xyz (@RWA_xyz)
3:13 PM • Nov 15, 2024
It’s a tight race between $OP and $AVAX for 2nd place behind $ETH.
Blackrock, the world’s largest asset manager, with $10.01 Trilly AUM isn’t doing all this for smoke and mirrors…
As always frens, follow the money. Follow the value creation. And hold your conviction strong 💪
DEALFLOW FRIDAY 🤑
Hold onto your to your ivory towers ladies and gents, let’s see where the big wigs on Sandhill tossed out their monopoly money this week 👇️
Top 5 deals by $ amount raised in the last 7 days:
1. OG Labs
Round: Seed
Raised: $40M
Category: AI, Infrastructure, L1
Investors: Hack VC, Delphi Digital, OKX Ventures, and others.
🔮 Why it matters: With AI and blockchain becoming the ultimate power duo, OG Labs is building infrastructure to bridge the two worlds. Big backing suggests even bigger ambitions.
2. StakeStone
Round: Unknown
Raised: $22M
Category: DeFi, Infrastructure, Liquidity, Staking
Investors: Polychain Capital, Binance Labs, OKX Ventures, and more.
📈 Why it matters: StakeStone is tackling the ever-expanding staking and liquidity needs of the DeFi world. Think of them as the cornerstone for sustainable staking yields.
3. Wyden
Round: Series B
Raised: $16.90M
Category: Asset Management, Finance/Banking, Trading
Investors: Truffle Capital, PostFinance, and Sygnum.
🏦 Why it matters: Wyden is bringing asset management into the digital age, focusing on tools to simplify and scale crypto trading for institutions.
4. Notabene
Round: Series B
Raised: $14.50M
Category: Identity, Payment
Investors: DRW Venture Capital, ParaFi, and Wintermute.
🛡️ Why it matters: In a post-FTX world, compliance is king. Notabene’s identity solutions are building trust in crypto payments, one regulation at a time.
Round: Unknown
Raised: $10M
FDV: $1B
Category: Gaming, Marketplace, Metaverse, NFT, P2E
Investors: OKX Ventures, HongShan, and R/Crypto.
🎮 Why it matters: Mocaverse is here to gamify the metaverse, with NFTs, marketplaces, and play-to-earn at its core. A $1B valuation signals just how serious the space is about merging gaming with blockchain.
This week’s deal flow highlights the innovation and ambition brewing in the crypto space, from DeFi infrastructure to metaverse gaming.
Whether it’s AI, staking, or identity solutions, the space is evolving—and the cash is flowing to fuel it. Stay tuned for more next week! 🤫
MEME CITY 🏙️
🚨Breaking🚨 Cardano founder Charles Hoskinson is engaged to Ice Spice
— Alan Carroll (@alancarroII)
4:49 PM • Nov 14, 2024
People who bought Bitcoin at 15K and never post anything
— naiive (@naiivememe)
3:51 PM • Nov 15, 2024
Until Next Time Builders! 🏗️
Keep your eyes on the charts and head in the sky 🪂
ONE LAST THING 🤌 Please share this with your friends! Even just one share + new sub helps us grow and deliver better content to you 🫡