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Crypto VC Funding Drops to $63.7M with DigiFT and Irys Leading Deals
Crypto VC Funding Drops to $63.7M with DigiFT and Irys Leading Deals
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BTCCSquare news:
Crypto venture funding slowed sharply to $63.7 million across 13 projects during August 17-23, a dramatic decline from the previous week's $1.5 billion haul. The pullback reflects shifting investor priorities toward infrastructure plays and regulated platforms.
DigiFT's $11 million strategic round dominated the week, backed by Japan's SBI Holdings alongside Mirana Ventures and Offchain Labs. The Singapore-based exchange has now raised $21.5 million total to build institutional-grade real-world asset infrastructure.
Irys followed with a $10 million Series A led by CoinFund, underscoring continued interest in data availability solutions. Block Earner's $8 million raise highlighted Australia's growing crypto compliance sector.
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