March 2, 2026

Animoca Brands reports improved deal terms as crypto startups raise $95M

Animoca Brands reports improved deal terms as crypto startups raise $95M

This week, venture capitalists invested $95 million into crypto startups, with significant raises led by firms focusing on prediction markets and AI agents. Notably, Novig secured $75 million in a Series B round, operating as a peer-to-peer sports prediction marketplace aimed at challenging traditional bookmakers through a commission-free model. According to Yat Siu, co-founder of Animoca Brands, the ongoing downturn in the $2 trillion crypto market has enabled investors to negotiate better terms, as the competition has diminished with the exit of “crypto tourist” investors. As expectations for 2026 point toward a more fundamentals-driven investment environment, interest in AI-powered blockchain projects is notably increasing.

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