糖心视频

While some parts of the North American venture market may be slowing, crypto refuses to follow.

On Wednesday, 鈥攖he American franchise of 鈥攕aid it has raised more than $200 million in a seed round at a pre-money valuation of $4.5 billion, making it just the latest crypto-corn.

Although large for a so-called 鈥渟eed鈥� round, the company says it is its first funding round. The round included investment by , , , , and others.

The round proves noteworthy for several reasons. First, it鈥檚 amusing when a seed round mints a unicorn. Second, it is the U.S. franchise of the world鈥檚 largest crypto exchange, Binance鈥攚hich is .

Lastly, it also shows investors’ insatiable appetite for all things crypto, even as uncertainty about both public and private markets swirl. In the first quarter of this year, North American startup investment fell by 11 percent quarter to quarter, according to numbers.

However, North American crypto startups raised a whopping $3.3 billion in 100 deals this year, according to That actually is below last year鈥檚 numbers for the same time, but only because of two huge rounds raised by shortly before its IPO. Minus those two rounds鈥攚orth $3.4 billion鈥擵C-backed crypto companies in North America had raised only $1.7 billion at this same point last year.

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