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FinTech news in seven seven six category

NFT startup Curio raised seed round of $3.7M led by Seven Seven Six

Curio taps into several different sources of data to provide a powerful analytics tool for both browsing and tracking the value of NFTs. Cofounders Chrys Bader and Sean Dadashi started working on Curio about two years ago, but it wasn’t called Curio back then.

Crypto wallet Rainbow raised Series A round of $18M led by Seven Seven Six

Rainbow, a crypto startup building a mobile wallet app that allows users to interact with decentralized applications on the Ethereum blockchain, wants to be the app users download to tap into that future.

Alexis Ohanian and his fund 776 just closed new $500M fund

Companies within the 776 portfolio include Alt, an alternative asset trading platform; Pipe, a global trading platform that makes recurring revenue streams tradable for their annual value; Axie Infinity, a web3 play-to-earn online gaming universe that witnessed over 200x growth in the last year; and Metafy, a video game education platform providing one-on-one access to champion-level gaming coaches. When launching 776’s first fund, the firm said explicitly that it sought a diverse investor base, of which 50% identified as female and 15% as Black or Indigenous people. Seven Seven Six, better known as 776, announced today that it has closed on $500 million across two vehicles for its second fund. The most recent survey revealed that 51% of 776’s LPs identify as female, 13% as Black or Indigenous people and 10% as Latino/a/e.