Crypto Weekly Update: $109M Raised in 36 Rounds; DeFi and Blockchain Service Lead Trends

Crypto Weekly Update: $109M Raised in 36 Rounds; DeFi and Blockchain Service Lead Trends

Summary of the Week's Results

Last week, the crypto space saw a total of $109.44M raised across 36 rounds. This marks a significant decrease of 85.00% in funds raised compared to the previous week, although the number of rounds increased by 2.86%.

Most Active Investors

OKX Ventures led the charge with 9 rounds, focusing on categories like GameFi, DeFi, Social, Blockchain Service, and Chain.

Folius Ventures participated in 7 rounds, concentrating on GameFi, DeFi, and Blockchain Service.

The Open Platform (TOP) also engaged in 7 rounds, with a similar focus on GameFi, DeFi, and Blockchain Service.

Most Interesting Categories

DeFi raised $29.61M in 9 rounds, down from $358.56M in 13 rounds last week.

Blockchain Service garnered $28.83M across 13 rounds, a drop from $308.00M in 4 rounds last week.

Chain secured $22.00M in 2 rounds, compared to $27.91M in 5 rounds last week.

Biggest Rounds

SOON, Chain with $22.00M raised from Hypersphere Ventures and others. SOON builds a high-throughput stack for deploying SVM L2 on any L1, utilizing Solana's native parallel execution.

Neptune Digital Assets, DeFi with $20.00M raised from undisclosed investors. They provide access to diversified digital finance assets for appreciation and revenue.

SignalPlus, CeFi with $11.00M raised from HashKey Capital and others. They aim to democratize crypto options trading through an accessible tech platform.

BugsCoin, Social with $8.50M raised from Gate Ventures. BugsCoin offers rewards for community users, redeemable as assets from their simulated investment platform.

Nexity Network, Blockchain Service with $8.20M raised from Rollman Management. Nexity serves as the OS for secure and efficient RWA trade.

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