Global Blockchain Week raises $202 million, with DeFi and infrastructure projects favored.

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Overview of Global Blockchain Investment and Financing Last Week: 21 Events, Total Amount Exceeded $202 Million

According to statistics, there were 21 investment and financing events in the global blockchain field last week (2.24-3.2), with a total funding scale exceeding $202 million, which is an increase compared to the previous week. The main investment areas include:

Financing Weekly Report | 21 public financing events; Bitwise completed $70 million financing, with participation from Electric Capital and others

DeFi

  • RWA Blockchain development company Mavryk Dynamics has secured $5.2 million in funding.
  • The re-staking protocol Byzantine has completed a $3 million Pre-Seed funding round.
  • Fixed-rate lending protocol Tenor Labs secures $2.5 million in seed funding.
  • Stablecoin issuer Aegis completes $2 million Pre-Seed financing

Web3 Games

Social gaming company ACID Labs has raised $8 million in funding, and its popular game Boinkers.io has exceeded 11.5 million monthly active users.

NFT

The NFT project Meebits' parent company MeebCo has completed a $3 million financing round, and there may be plans to issue tokens in the future.

DePIN

  • The decentralized network hardware infrastructure company GEODNET has completed a strategic financing of $8 million.
  • Solana ecosystem DePIN project Shaga raises $4 million in seed funding

Infrastructure and Tools

  • The crypto technology startup Orochi Network has completed a $12 million financing.
  • The blockchain asset risk management platform Lockchain.ai has secured $5 million in Series A funding.
  • The shared security network IMUA has completed a $5 million seed round financing.
  • ZKP technology startup Ligero raises $4 million in seed funding
  • Finisterra Labs has completed a $3.75 million seed funding round to develop the decentralized data marketplace, Baselight.
  • The MIT-Harvard team Optimum has completed its angel round of financing and launched a full-chain expansion solution.

Other Fields

  • Crypto gift card platform Raise secures $63 million in funding
  • A trading platform invested 1 million USD in the agricultural Blockchain project EthicHub.
  • AI-driven Web3 music production platform MelodAI completes a new round of financing
  • Memes Lab raised $2.3 million in seed funding to develop the TON application platform.
  • The Meme coin prediction market MemeMarket has completed its angel round financing.

Centralized Finance

  • Cryptocurrency asset management company Bitwise completes a $70 million financing round, which will be used to expand the team and launch new products.
  • The cryptocurrency lending platform Lantern Finance has secured $1 million in Pre-Seed funding.

Overall, the investment enthusiasm in the blockchain sector has rebounded this week, with DeFi, infrastructure, and tool projects still being the focus of investment. Several projects have secured funding in the millions of dollars, demonstrating that investors remain confident in the industry's prospects.

Financing Weekly Report | 21 Public Financing Events; Bitwise Completes $70 Million Financing, with Participation from Electric Capital and Others

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BlockchainDecodervip
· 07-04 10:55
Data is abnormally sluggish, referring to the data in Chapter 3 of the 2021 paper "The Rise and Fall of Crypto Investment Cycles".
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OnChainArchaeologistvip
· 07-04 09:27
Can't even grab a large order with this little money?
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screenshot_gainsvip
· 07-03 19:46
It's a bit conservative to invest.
View OriginalReply0
HorizonHuntervip
· 07-03 07:02
This money is too little.
View OriginalReply0
SerumDegenvip
· 07-03 06:58
ngmi but the whales keep dumping bags on retail... rekt signal?
Reply0
PriceOracleFairyvip
· 07-03 06:51
tbh these numbers look kinda sus... market inefficiency signals everywhere rn
Reply0
just_another_walletvip
· 07-03 06:49
What happened again? New suckers enter a position.
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GasFeeNightmarevip
· 07-03 06:45
At three o'clock in the evening, I calculated that the gas prices during peak hours are cheaper than usual.
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GateUser-a606bf0cvip
· 07-03 06:45
Only 200 million for the entire week, it's tragic.
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