Crypto Investment Drops 88.88%: GameFi Leads $26.35M Funding in Major Decline
Last week, the crypto investment landscape saw a total of $26.35M raised across 4 rounds. This marks a significant decrease of 88.88% in funds compared to the previous week, alongside a 73.33% drop in the number of rounds.
Most Active Investors
MetaEstate participated in 1 round, focusing on the GameFi category.
NewTribe Capital also engaged in 1 round, with a focus on GameFi.
Spark Digital Capital invested in 1 round, concentrating on the GameFi sector.
Most Interesting Categories
GameFi led with $12.00M raised in 1 round, a stark contrast to the $116.50M raised in 3 rounds the previous week.
CeFi attracted $7.80M in 1 round, down from $86.29M in 5 rounds last week.
Blockchain Infrastructure secured $6.00M in 1 round, compared to $28.09M raised in 6 rounds the week before.
Biggest Rounds
SecondLive, GameFi with $12.00M raised from MetaEstate, NewTribe Capital, and others. SecondLive is a metaverse platform enabling users to create avatars and engage in various social and economic activities.
RD Technologies, CeFi with $7.80M raised from SNZ Holding, Hash Global, and others. RD Technologies aims to enhance digital transactions with its HKDR stablecoin and RD Wallet for efficient multi-currency transactions.
Layer, Blockchain Infrastructure with $6.00M raised from Fabric Ventures, Arrington XRP Capital, and others. Layer provides an Ethereum scaling solution that allows developers to build applications using WebAssembly (WASM).
Synnax Technologies, Blockchain Service with $550K raised from Wintermute, TON Ventures. Synnax combines credit intelligence and decentralized consensus to deliver predictive credit ratings while ensuring data privacy.
