The crypto sector experienced a record-breaking week of private funding rounds, with various projects raising significant amounts of capital from leading venture capital firms. The most successful project was SOON, which received $22 million in funding from Hypersphere Ventures. SignalsPlus followed closely with an $11 million raise involving OKX Ventures and AppWorks. BugsCoin also created buzz by raising $8.5 million from Gate Ventures. These fundraising initiatives highlight the diversity within the crypto industry, ranging from trading tools and payment gateways to decentralized networks and blockchain solutions. Major venture capital firms such as OKX Ventures and Pantera Capital reaffirmed their commitment to supporting blockchain and cryptocurrency initiatives. Other large investors like Borderless Capital also demonstrated increased involvement in the industry. The funded projects span various categories including DeFi, trading, payment systems, and blockchain solutions. Overall, the strong investment activity in the sector indicates that the crypto community's interest in innovation remains strong despite market volatility.
Content Editor ( blockchainreporter.net )
- 2025-01-26
Crypto Projects Secure Record $22M in Funding Led by Hypersphere Ventures
