Blockchain Funding Plummets 70% to $22.30M: Key Investors and Trends Revealed

Blockchain Funding Plummets 70% to $22.30M: Key Investors and Trends Revealed

Last week saw a total of $22.30M raised across 8 rounds. This marks a significant decline of 70.51% in funds raised and a 55.56% decrease in rounds compared to the previous week.

Most Active Investors

ATW Partners participated in 1 round, focusing on the Blockchain Service category.

MitonC also engaged in 1 round, with a similar focus on Blockchain Service.

dcbuilder.eth invested in 1 round, concentrating on Blockchain Service as well.

Most Interesting Categories

Blockchain Service raised $22.30M in 2 rounds, down from $36.00M in 4 rounds last week.

DeFi saw $0 raised in 3 rounds, a decrease from $20.00M in 3 rounds the previous week.

CeFi also raised $0 in 1 round, down from $10.00M in 2 rounds last week.

Biggest Rounds

Fold, Blockchain Service with $20.00M raised from ATW Partners. Fold is a bitcoin rewards app that allows users to buy gift cards and earn bitcoins, making bitcoin spending seamless in everyday life.

Accountable, Blockchain Service with $2.30M raised from dcbuilder.eth, Darius Rugys, Zee Prime Capital, MitonC. This fintech firm enhances financial data privacy using cryptography, offering a Data Verification Platform and a Proof of Solvency solution.

Hyperfluid, DeFi with $0 raised from Ankaa, BlockBooster. Hyperfluid is an on-chain hybrid orderbook AMM DEX designed specifically for Aptos.

Pentagon Games, GameFi with $0 raised from 071labs. They focus on the XR Metaverse, using AI and blockchain tech to create immersive gaming experiences that blend reality and virtual worlds.

Arbelos, CeFi with $0 raised from FalconX. Arbelos Markets provides liquidity in crypto derivatives, aiming to enhance trust and transparency in OTC trading.

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