Crypto Market Weekly Summary: $94.98M Raised, DeFi and Blockchain Service Lead Decline
Summary of the Week’s Results
Last week, the crypto market raised a total of $94.98M across 22 rounds. This marks a significant decrease of 95.38% in funds raised and a 24.14% drop in the number of rounds compared to the previous week.
Most Active Investors
Alliance DAO led the charge with 3 rounds, focusing on categories like DeFi, Unknown, and Chain.
Hack VC participated in 2 rounds, targeting Social and DeFi categories.
Coinbase Ventures also engaged in 2 rounds, concentrating on Blockchain Infrastructure and DeFi.
Most Interesting Categories
Blockchain Service attracted $29.98M in 6 rounds, down from $1.15B in 10 rounds last week.
DeFi raised $28.40M in 6 rounds, a decline from $558.50M in 4 rounds the previous week.
Social garnered $18.40M across 3 rounds, compared to $211.80M in 3 rounds last week.
Biggest Rounds
Bluesky, Social with $15.00M raised from Alumni Ventures Group, SevenX Ventures, and others. Bluesky builds the AT Protocol for decentralized social networking, giving creators control and enabling diverse applications.
Variational, DeFi with $10.30M raised from DragonFly Capital, Coinbase Ventures, and others. Variational offers a peer-to-peer trading protocol for perpetuals and derivatives, automating the trading process for safe bilateral trading.
Validation Cloud, Blockchain Service with $10.00M raised from True Global Ventures. Its Node API provides enterprises with a robust web3 solution, ensuring high performance and reliability with extensive API endpoints.
Party Icons, GameFi with $9.00M raised from Mantle, Yield Guild Games, and others. Party Icons combines social party games with extraction shooters, offering quick and engaging play sessions tailored for modern gamers.
STOKR, Blockchain Service with $7.98M raised from Fulgur Ventures. STOKR is a digital marketplace for alternative investments, regulated in Luxembourg, allowing users to invest in diverse assets while maintaining control.
