Crypto Investment Surge: $943M Raised in 26 Rounds – Social and Blockchain Lead the Way!
Weekly Investment Summary
Last week, the crypto ecosystem saw a significant boost, with $943.40M raised across 26 rounds. This marks a remarkable increase of 612.81% in funds compared to the previous week, while the number of rounds rose by 8.33%.
Most Active Investors
Andreessen Horowitz (a16z) participated in 3 rounds, focusing on GameFi, Social, and Blockchain Service.
Sats Ventures also engaged in 3 rounds, with a keen interest in Blockchain Infrastructure and DeFi.
Manifold invested in 2 rounds, targeting Blockchain Service and Social categories.
Most Interesting Categories
Social emerged as the top category with $558.50M raised in 4 rounds, a significant jump from $55.00M in 5 rounds last week.
Blockchain Infrastructure followed closely with $211.80M raised in 3 rounds, up from $30.00M in 4 rounds previously.
DeFi secured $55.70M in 9 rounds, compared to $20.00M in 6 rounds last week.
Biggest Rounds
Praxis Society, Social with $525.00M raised from Mert Mumtaz and others. Praxis is a community for future city residents, fostering collaboration and vitality among its members.
Blockstream, Blockchain Infrastructure with $210.00M raised from Fulgur Ventures. Blockstream innovates blockchain tech, focusing on Bitcoin sidechains and the Lightning Network.
Azra Games, GameFi with $42.70M raised from a16z, NFX, and Pantera Capital. Azra develops RPGs integrating NFT and blockchain tech, aiming to redefine gaming experiences.
Yellow Card, CeFi with $33.00M raised from multiple investors. Yellow Card is a crypto exchange facilitating Bitcoin transactions with various payment options.
Towns, Social with $25.50M raised from a16z and others. Towns is a Web3 chat protocol enabling decentralized community gatherings with on-chain ownership.
