Crypto Investment Soars: $2.32B Raised in 32 Rounds, CeFi and DeFi Lead the Way!
Summary of the Week’s Results
Last week, the crypto investment landscape saw a significant surge, with a total of $2.32B raised across 32 rounds. This marks a remarkable 601.38% increase in funds compared to the previous week, while the number of rounds saw a slight increase of 6.67%.
Most Active Investors
Selini Capital participated in 2 rounds, focusing on Blockchain Service and DeFi. Their active engagement highlights a strong interest in innovative financial solutions.
Presto Labs, also with 2 rounds, targeted Social and GameFi categories, indicating a push towards community-driven and gaming projects.
Big Brain Holdings invested in 2 rounds, concentrating on DeFi and GameFi, showcasing their commitment to decentralized finance and gaming ecosystems.
Most Interesting Categories
CeFi led with $2.08B raised in 4 rounds, a notable jump from $139.00M in 2 rounds last week. This category remains crucial for mainstream crypto adoption.
Blockchain Service raised $153.30M in 7 rounds, up from $60.00M in 2 rounds last week, reflecting growing interest in service-oriented projects.
Blockchain Infrastructure gathered $43.10M in 5 rounds, slightly down from $46.00M in 5 rounds last week, yet still vital for the ecosystem's backbone.
Biggest Rounds
Binance, CeFi with $2.00B raised from MGX. Binance is the top crypto exchange, serving 235 million users globally with low fees and a wide range of cryptocurrencies.
Canaan, Blockchain Service with $100.00M raised from undisclosed investors. Canaan develops high-performance chips and blockchain computing equipment, focusing on Bitcoin mining solutions.
Mesh, CeFi with $82.00M raised from ConsenSys and others. Mesh aims to create a secure financial ecosystem that facilitates digital asset transfers and crypto payments across various platforms.
RedotPay, Blockchain Service with $40.00M raised from Vertex Ventures and others. RedotPay focuses on enhancing cryptocurrency payment accessibility through secure blockchain infrastructure.
Axelar, Blockchain Infrastructure with $30.00M raised from Arrington XRP Capital and others. Axelar enables secure cross-chain communication, allowing developers to build interchain dApps effortlessly.
