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Sfermion's Collider #46

Curated news from the world of crypto, gaming & entertainment, AR/VR, AI, macro, and more

Sfermion is an investment firm focused on backing the founders building the metaverse.


Welcome to the 46th edition of Sfermion’s Collider where we highlight the latest & greatest news in the world of crypto, gaming & entertainment, AR/VR, AI, macro, and more!

Bi-weekly, we aim to drop a curated list of the most exciting stories & updates that we believe are enabling the future of tech and the emergence of the metaverse.

If you're looking forward to reading this edition of Sfermion’s Collider, please don't forget to subscribe below, share within your network, and follow Sfermion on Twitter to get the latest! Check out our Seam () bio here :)

Crypto Updates

Polygon unveils 1B $POL token program to boost developer engagement (link)

Terraform to Pay $4.47B to Settle SEC Fraud Case (link)

MicroStrategy Buys 11,931 Bitcoin for $786M (link)

Fox Corporation to Upgrade Verify Beta to Dedicated L2 Built with Polygon CDK, Announces TIME as First Publishing Partner (link)

Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain (link)

OneFootball adopts Mocaverse’s Realm Network to offer Football ID to over 200M football fans (link) collaborates with Conduit, launches Friendchain (link)

Empowering the Solana Ecosystem: Circle's Web3 Services is Now Available on Solana (link)

Biggest Bank in the World Says Ethereum Is ‘Digital Oil,’ Bitcoin ‘Digital Gold’: Report (link)

Joe Biden’s Administration Sues Coinbase Yet Needs It For Crypto Donations (link)

Coinbase International announces support for pre-launch market (link)

Binance reaches 200M users with $100B in assets under custody (link)

Gaming Updates

Uniswap Labs is Acquiring Crypto: The Game (link)

Introducing: Ronin ZkEVM (link)

Baby Shark Universe X Immutable () Partnership Announcement (link)

Ethereum Network Ronin Launches ‘Forge’ Program to Onboard More Games (link)

Ethereum Wallet MetaMask Now Lets You Launch Crypto Games—Here’s How (link)

VG Insights: Fallout TV Series generated over $80M in Incremental Revenue for Bethesda (link)

Next-Gen Xbox Preview: Everything You Need to Know About the Console and Crypto Plans (link)

AI Updates

Apple announces iOS 18 with new AI features and more customizable homescreen (link)

OpenAI and Apple announce partnership to integrate ChatGPT into Apple experiences (link)

Apple to “Pay” OpenAI for ChatGPT through distribution, not cash (link)

Musk threatens to ban employees from using iPhones (link)

Oracle Stock Jumps to Record High on Microsoft, OpenAI, and Google Deals (link)

OpenAI Names Ex-Nextdoor CEO Sarah Friar as CFO, Kevin Weil as CPO (link)

Other Updates

Photo-sharing app BeReal acquired by Voodoo for €500M (link)

Queen Catalog to Be Acquired by Sony Music for £1B (link)

Tesla shareholders vote to reinstate Elon Musk’s $56B pay package (link)

US sues Adobe for ‘deceiving’ subscriptions that are too hard to cancel (link)

The Big Loser in Tesla’s Shareholder Vote Is Delaware (link)

India pulls in tech giants for its AI ambitions (link)

Apple discontinues short-lived BNPL offering (link)

Starlink Mini brings space internet to backpackers (link)

VTuber Gawr Gura will sing “Take Me Out To The Ballgame” at the Dodgers’ “hololive night” (link)

Research & Interesting Reads

Pantera | Newsflash, Crypto Owners Vote (link)

Konvoy | Voodoo Gets Real (link)

Accel | Our Investment in KGeN (): Ushering in a New Era of Gaming and Data Sovereignty (link)

Notable Raises

Paradigm completes $850M fund to invest in early-stage crypto projects (link)

Mistral secures €600M funding as valuation soars to almost €6B (link)

CMT Digital looks to raise $150M for fourth crypto fund: report (link)

Blockchain engineering group Equilibrium launches venture unit, raising over $30M for first fund (link)

Nexus Laboratories raises $25M from Pantera and Lightspeed to expand ‘zero-knowledge’ privacy tools (link)

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard (link)

Layer3 raises $15M Series A ahead of token launch and airdrop (link)

Polkadot Parachain Moonbeam Launches $13M Gaming & RWA Fund (link)

Nuffle Labs Raises $13M to Expand Modular Infrastructure for Blockchain Layers (link)

Solana gaming Layer 2 Sonic raises $12M round ld by Bitkraft (link)

Ava Protocol lands $10M funding to develop 'super transactions' (link)

Solana-based multisig protocol Squads raises $10M, launches retail wallet app Fuse (link)

Irys raises a total of $8.9M in Lemniscap-led funding round (link)

Hypersonic Laboratories raises $7M for modding platform Helix (link)

Telegram tap-to-earn crypto game Pixelverse raises $5.5M from Delphi, Merit Circle, and others (link)

Verida raises $5M to protect user data amid rise in generative AI (link)

SCRYPT raises $5M to expand crypto asset services (link)

Gudchain Closes $5M Investment Round (link)

Yuliverse Secures $4M in Pre-A Funding Round (link)

Memecoin leverage trading protocol Wasabi raises $3M led by Electric Capital (link)

Tether to Invest More Than $1B in Deals Over Next Year (link)

Mo & Andrew's Curated






 = Sfermion Portfolio Company

Curated by @mopat1214 + @AndrewSteinwold

If you enjoyed reading this edition of Sfermion’s Collider, please subscribe below, share within your network, and follow Sfermion on Twitter to get the latest! Check out our Seam () bio here :)

Note: All information in this Newsletter regarding any company or investment is the sole responsibility of the company providing the information. Sfermion, and its affiliates, makes no representation or guarantee to the accuracy or completeness of the information presented. Sfermion is not responsible for any information contained in any links outside our websites and official social accounts.

Sfermion does not offer investment advice/analysis and makes no recommendations on how to act. Information regarding any company or investment in this Newsletter, including any links to information on our website, should not be viewed as an endorsement or recommendation of that company or investment for any purpose whatsoever. Any person receiving this Newsletter is encouraged to consult with their own financial advisor, or relevant personnel, before making any investment decision.

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