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Crypto Venture Capital Investments Surge Over $130 Million This Week

This past week, the cryptocurrency and blockchain sectors witnessed a significant influx of venture capital, with investments exceeding $130 million. Key areas of interest included financial infrastructure services, insurance, payments, and multi-ecosystem development across various blockchain networks. Below is a breakdown of the major funding rounds and their implications for the industry.

Tabit Insurance Secures $40 Million

Tabit Insurance raised $40 million in funding, marking a notable milestone for the industry. The company’s innovative approach allows auditors and regulators to verify Bitcoin-based financing in real time. This transparency is expected to set a precedent for insurance facilities leveraging blockchain technology.

Rain Raises $24.5 Million

Rain secured $24.5 million in funding, bringing its total capital raised to $30.5 million. The investment round saw participation from Norwest Venture Partners, Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka, along with existing investors such as Lightspeed Venture Partners and Coinbase Ventures.

The funding will be used to improve Rain’s interoperability with traditional financial systems, expand its global reach, and advance its stablecoin authorization and settlement infrastructure. This development underscores the growing importance of stablecoins in bridging traditional finance and blockchain-based systems.

CoreSky Gains $15 Million for Ethereum-Based Meme Launchpad

CoreSky successfully raised $15 million in Series A funding, with Tido Capital and other investors backing the initiative. The project is focused on creating a meme launchpad on the Ethereum blockchain, adding a unique dimension to Ethereum’s use cases.

Abound Secures $14 Million for Cross-Border Financial Solutions

Abound raised $14 million in funding from the NEAR Foundation, O Ventures, and Times Internet. This cross-border remittance and rewards super app aims to simplify financial services for non-resident Indians (NRIs) while enhancing global remittance solutions. The funding highlights the growing demand for blockchain-based cross-border payment systems.

Chronicle Labs Raises $12 Million for Oracle Infrastructure

Chronicle Labs secured $12 million in seed funding, with backing from Strobe, Brevan Howard, and V. The project is focused on developing oracle solutions across multiple blockchain networks, paving the way for improved institutional adoption and interoperability.

Other Notable Funding Rounds Under $10 Million

The week also saw several smaller, yet impactful, funding rounds:

  • Warlock Labs: $8 million for DeFi security on Ethereum.
  • Fragmetric: $5 million for Solana staking solutions.
  • Tarta Labs: $4.5 million for play-to-earn (P2E) gaming across multiple chains.
  • Arcium: $4 million raised via public sale with a $200 million fully diluted valuation (FDV).
  • Capx AI: $3.14 million for AI dApps on Ethereum.
  • Planetarium Labs: $3 million for P2E gaming initiatives.
  • De Charge: $2.5 million for decentralized physical infrastructure networks (DePIN).
  • Magpie Protocol: $1.6 million raised with a $45 million FDV.
  • Stable Jack and Particle Network: Each secured $1.25 million.
  • Arcium, Skate, and Beraborrow: Each raised $1 million.
  • KiloEx: $750,000 raised with a $15 million FDV.
  • Wave Wallet: $100,000 for Sui wallet development.

The steady inflow of venture capital highlights the growing confidence in blockchain and cryptocurrency projects. From DeFi security to cross-border payments and gaming, these investments are driving innovation across multiple sectors.

Stay informed about the latest cryptocurrency investments and developments in the blockchain space.

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