Crypto investment firm Hashed has raised $200 million for a fund dedicated to growing the Web 3 ecosystem, the company announced Wednesday. The fund is a sequel to the company’s $120 million fund announced last December. While the South Korea-based company did not disclose investors, it said the raise included investment from “the largest Korean IT companies, multi-discipline conglomerates and globally renowned investment firms,” according to a press release. Hashed has been an active investor in the Web 3 gaming space dating back to 2016, hitting big on projects like Axie Infinity and The Sandbox. The firm was also an early investor in the Terra blockchain, whose native LUNA token has surged to all-time highs in recent weeks. Compute North and Marathon Digital extended their hosting agreement to more than 100,000 bitcoin mining machines across the U.S., according to a statement issued on Wednesday. The units will be powered mostly by wind and solar energy. Play-to-earn (P2E) game company AAG Ventures (AAGV) has raised $12.5 million in a private funding round led by Shima Capital, Tribe Capital and Tess Ventures. The funding will help AAGV launch its P2E platform supporting external gaming guilds, as well as a new learn-to-earn platform that AAGV says is the first of its kind.
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