According to VC data from Crypto Fundraising, the total funding for the week reached $382 million across various blockchain sectors, with World Liberty Financial securing $300 million through a public sale.
The week saw particular activity in derivatives trading and yield platforms, with projects securing funding across public sales, Series B rounds, and strategic investments.
Let’s examine the key investments that shaped this week in crypto funding.
World Liberty Financial, $300 million
- The DeFi platform, launched by the Trump family, raised $300 million through public sale
- The project is building DeFi solutions on Ethereum (ETH)
- WLFI’s on-chain address recently acquired about $47 million worth of Ethereum. Aave (AAVE) coins worth $4.4 million, and $4.5 million of Justin Sun’s Tron (TRX).
- Per Arkham Intelligence data, the Trump-linked firm acquired Wrapped Bitcoin (WBTC) valued at $47 million, $5.5 million Chainlink (LINK), and $4.5 million in Ethena Labs tokens (ENA).
SignalPlus, $11 million
- Secured $11 million in Series B funding
- Backed by AppWorks, OKX Ventures, and Avenir
- SignalPlus is building CEX and derivatives trading platform
BugsCoin, $8.50 million
- Raised $8.50 million in an unknown round
- The startup is backed by Gate Ventures
- BugsCoin is building social network on BNB Chain
Corn, $8.3 million
- Secured $8.3 million through public sale with $150 million fully-diluted value
- Corn, powered by the Arbitrum Foundation, is developing L2 infrastructure
- Corn has raised a total of $15 million
Nexity Network, $8.2 million
- Raised $8.2 million in an unknown round
- Nexity Network is backed by Rothman Management
- The project is building trading solutions on Polygon (POL)
Fogo, $8 million
- Fogo secured $8 million through public sale with $100 million FDV
- The Block first broke the news
- Fogo is developing L1 blockchain solutions
- The project has raised $13.5 million so far.