Crypto Investment Weekly Recap: $143.81M Raised Amid 87.39% Funding Drop in 29 Rounds
Summary of the Week's Results
Last week, the crypto investment landscape saw a total of $143.81M raised across 29 rounds. This marks a significant decrease of 87.39% in funds raised compared to the previous week, while the number of rounds increased by 26.09%.
Most Active Investors
Animoca Brands led the charge with 3 rounds, focusing on categories like Social, Blockchain Service, and GameFi.
UOB Venture participated in 2 rounds, concentrating on DeFi and Stablecoin.
V3V Ventures also took part in 2 rounds, investing in Chain and DeFi categories.
Most Interesting Categories
Stablecoin attracted $45.00M in 1 round, down from $1.05B raised in 6 rounds last week.
DeFi saw $42.25M raised in 10 rounds, slightly up from $42.00M in 5 rounds the previous week.
CeFi garnered $27.36M across 4 rounds, compared to $20.64M in 4 rounds last week.
Biggest Rounds
usdx.money, Stablecoin with $45.00M raised from NGC Ventures, UOB Venture, BAI Capital, Generative Ventures. USDX is a synthetic USD stablecoin designed for the crypto ecosystem, offering a scalable and censorship-resistant solution.
World Liberty Financial, DeFi with $30.00M raised from TRON Foundation. This platform aims to provide DeFi services to unbanked communities, leveraging smart contracts to eliminate traditional intermediaries.
Partior, CeFi with $20.00M raised from Deutsche Bank. Partior enhances cross-border payments by utilizing blockchain for efficient, secure, and reliable transactions.
U2U Network (Unicorn Ultra), Chain with $13.80M raised from multiple investors. This platform uses DAG technology for limitless scalability and is fully EVM-compatible, aiming to revolutionize real-world applications.
Schuman Financial, CeFi with $7.36M raised from various investors. EUROP, a euro-backed stablecoin, complies with MiCA regulations and facilitates on-chain euro transactions with low fees.
