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Crypto Funding Rounds Total $191.5 Million This Week Led by Raincards and M^ZERO
Crypto Funding Rounds Total $191.5 Million This Week Led by Raincards and M^ZERO
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BTCCSquare news:
Seven Web3 projects collectively raised $191.5 million in funding during the final week of August, maintaining stability in crypto investment momentum. Raincards, a stablecoin payment infrastructure provider, secured the largest round with $58 million led by Sapphire Ventures and Galaxy Ventures. The funds will expand its compliant stablecoin infrastructure for global institutions.
Decentralized finance platform M^ZERO followed with a $40 million raise, underscoring continued institutional interest in blockchain-based value transfer solutions. Other notable rounds included $23.5 million for digital asset firm Amdax and $20 million each for OrangeX Exchange and aPriori Labs.
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