DeFi and Financial Services Dominate Crypto Funding Scene
The final week of November 2024 saw a significant shift in the crypto funding landscape, with a strong focus on DeFi and financial services. According to recent data, cumulative investments in the crypto space exceeded $90 million, with several notable projects securing substantial funding.
Top Crypto Funding Rounds of the Week
Here’s a breakdown of the top projects that raised the most capital during this period:
- World Liberty Financial: $30 million
- Partior: $20 million
- Kernel DAO: $10 million
- Balance (E-PAL): $10 million
World Liberty Financial Secures $30 Million Investment
World Liberty Financial, a startup backed by former US President Donald Trump, raised $30 million from billionaire Justin Sun, founder of the TRON blockchain. Sun will serve as an advisor, focusing on DeFi and Ethereum ecosystem development.
We are thrilled to invest $30 million in World Liberty Financial as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to the efforts of innovators like Donald Trump. TRON is committed to making America great again and leading innovation.
Other Notable Funding Rounds
In addition to the top funding rounds, several other projects secured significant investments, including:
- Schuman Financial: $7.36 million in seed funding
- Avant Protocol: $6.50 million in seed funding with a $25 million FDV
- Talus Network: $5 million in a strategic round with a $150 million FDV
- OpenTrade: $4 million in seed funding
- U2U Network: $3.80 million in an unknown round
- Rarimo: $2.50 million in an unknown round
- Moongate: $2.50 million in an unknown round
- Bleap: $2.30 million in pre-seed funding with a $10 million FDV
- BRKT: $1.75 million in seed funding
- Margarita Finance: $1 million in pre-seed funding
- N3MUS: $800,000 in pre-seed funding
- Pulse: $400,000 in an unknown round
- Girin Labs: $300,000 in an unknown round
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