Weekly Investment Roundup: $140M Raised in 35 Rounds with DeFi and CeFi Leading the Charge!
Summary of the Week's Results
Last week saw a total of $140.05M raised across 35 rounds. This marks a 3.10% increase in funds raised compared to the previous week, while the number of rounds increased by 29.63%.
Most Active Investors
T-Fund participated in 2 rounds, focusing on Chain and Social categories.
BingX Labs was also active in 2 rounds, concentrating on Social and DeFi.
Mechanism Capital joined 2 rounds, with investments in DeFi and GameFi.
Most Interesting Categories
DeFi led with $39.80M raised in 16 rounds, down from $44.00M in 2 rounds last week.
CeFi followed with $30.00M in 2 rounds, up from $27.30M in 4 rounds last week.
Blockchain Service raised $25.00M in 5 rounds, slightly down from $25.20M in 10 rounds the previous week.
Biggest Rounds
HashKey Group, CeFi with $30.00M raised from Gaorong Ventures. They offer a range of digital asset services in Asia, focusing on compliance and security.
Plasma, DeFi with $20.50M from a host of investors including Paolo Ardoino and Peter Thiel. Plasma is a fee-less payment platform on Bitcoin, enabling rapid transactions.
Legend, Blockchain Service with $15.00M raised from Coinbase Ventures and a16z. Legend provides an embedded smart wallet, emphasizing user control and security.
Mango Network, Chain with $13.50M from various investors including Ainfra Ventures. They create a cross-chain blockchain network to enhance transaction speed and security.
StakeStone, DeFi with $10.00M raised from BingX Labs. StakeStone introduces liquid staking tokens for ETH and BTC, allowing users to earn rewards while maintaining liquidity.
