Articles • 13 May 2022
Otherdeed NFT, GoTo’s IPO, India’s 100th unicorn, Notable Fundraises and More...
[IN FOCUS] Otherdeed NFT, GoTo’s IPO, India’s 100th unicorn, Notable Fundraises and More…Change is the only constant. It holds true even more for the financial markets. Here's your roundup on the key movements in private capital markets in early May:
✨ OpenSea set a new daily trading record of US$476M in Ethereum on Sunday 1st May. Otherdeed NFT largely supported this strong trading volume.
✨ India locks in its 100th unicorn. It now has the third-largest number of unicorns - only behind US and China.
✨ USD452m raised in various fundraising rounds by 6 start-ups.
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✨ About: Fundnel's bi-weekly Private Capital Markets updates provide accredited investors in the Fundnel network a better understanding of the relevant macroeconomic trends driving private investments in the region, so they can navigate the evolving market with dexterity and ease.
This article is intended for general informational purposes only. It is not, and should not be construed as, any form of financial, investment, tax, or other professional advice provided by Fundnel Pte. Ltd. ("Fundnel") to any person who is directed to or otherwise accesses this article, including yourself. You are responsible for seeking professional advice before making any investment decision. Fundnel is not responsible for any loss you may sustain in relying on this article.