Crypto fundraising continues to see significant momentum as eight blockchain projects secured $120 million in new funding rounds. This highlights continued investor confidence in decentralized technologies. OG Labs stood out with the highest fundraising total, gathering $40 million. The project secured investments from major blockchain players like Alchemy, Bankless Ventures, OKX Ventures, and Delphi Digital, solidifying its position in the industry.
StakeStone and Wyden Gain Traction in Crypto Fundraising Projects
StakeStone followed closely with $22 million raised, backed by major investment firms, including Bankless Ventures, Binance, Hashkey Capital, and Amber. Wyden, a blockchain infrastructure project, raised $16.9 million, demonstrating investor interest in its long-term scalability goals. Its backers include Truffle Capital and Venture Capital, highlighting the project’s alignment with critical industry trends.
Other projects also made their mark with substantial funding. Notabene, a compliance-focused blockchain platform, raised $14.5 million with support from key investors like Venture capital, Nextblock, Combinator, Illuminate Finance, and Apollo. Meanwhile, Moca received $10 million in funding, reflecting steady growth in niche crypto markets.
Innovative Startups: Brevis, TAC, and Eidon
Emerging projects Brevis, TAC, and Eidon also gained investor attention. Brevis secured $7.5 million, primarily from strategic venture firms. TAC raised $6.5 million with support from Spartan, Bitscale Capital, and Ankar, showing potential in decentralized finance (DeFi) use cases. Eidon, focused on blockchain identity solutions, rounded the list with $3.5 million raised from Framework and Cyber Fund.
These funding rounds underscore a strong appetite for innovation and diversification in the blockchain sector. Investors continue to back projects with scalable, compliance-ready solutions and real-world applications, reinforcing blockchain’s growth potential amid ongoing market shifts.
Source: https://blockchainreporter.net/major-crypto-fundraising-events-across-top-blockchain-firms-accumulate-120-million/