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Crypto Startups Raise $378M in Weekly Funding Despite Market Caution
Crypto Startups Raise $378M in Weekly Funding Despite Market Caution
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BTCCSquare news:
Fnality International led the week's crypto fundraising with a $136 million Series C round, backed by major financial institutions including Westpac, Bank of America, and Citi. The project, developing a regulated payment system, has now raised $344.2 million total.
Zerohash followed closely with a $104 million Series D, attracting investment from Fifth Third, Morgan Stanley, and SoFi. The infrastructure provider's raise underscores growing institutional interest in crypto service platforms.
RedotPay's $47 million strategic funding and multiple seed deals contributed to the week's total of $378 million across 17 transactions. This activity demonstrates continued venture capital confidence despite broader market hesitancy.
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