Categories: Market updates

Binance secures $2b, World Liberty Financial scores $250m



The second week of March marked a notable moment in crypto history, as Binance closed a $2 billion funding round.

The week’s combined funding exceeded $2.5 billion, with major investments flowing into DeFi infrastructure and multi-chain solutions.

Let’s look into the key investments that happened in the VC funding sector in the last seven days as per Crypto Fundraising data.

Binance, $2 billion

  • Binance raised $2 billion from Abu Dhabi-based MGX, marking the first institutional investment in Binance’s history.
  • The investment was conducted entirely in unnamed stablecoins, which grants MGX a minority stake in Binance and signals the firm’s entry into the cryptocurrency and blockchain sectors.
  • MGX, known for its focus on AI and advanced technology, said the investment aligns with its strategy to support blockchain innovation and finance.

https://twitter.com/binance/status/1899830484911194206?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow

World Liberty Financial, $550 million

  • World Liberty Financial has raised $550 million in its token sale, pushing its total funding close to $600 million so far.
  • The decentralized finance project directly tied to the Trump family, has secured $550 million by selling its WLFI tokens, data from ICO Drops shows.
  • Last month, crypto.news reported that World Liberty Financial sold over 24 billion tokens, leaving around 950 million tokens available for purchase.

Mesh, $82 million

  • Mesh raised $82 million in Series B funding
  • The project is backed by Paradigm, Consensys, and Quantumlight
  • The project, previously known as Front Finance, has raised $120.5 million so far

RedotPay, $40 million

  • Secured $40 million in Series A funding
  • The investment was backed by Lightspeed, Galaxy, and HongShan
  • RedotPay is developing payment and wallet solutions

Axelar Network, $30 million

  • Axelar Network raised $30 million in an unknown round
  • The investment was backed by Arrington Capital and Electric Capital
  • Axelar Network has raised $143.75 million

Solv Protocol, $10 million

  • Solv Protocol secured $10 million in an unknown round
  • The project is building a marketplace across multiple ecosystems
  • Solv Protocol has raised $32 million so far

Voltix AI, $10 million

  • Raised $10 million in an unknown round
  • The investment was backed by BLCK Labs
  • Voltix AI is building AI infrastructure on Solana (SOL)

Notable crypto VC funding rounds
  • PoPP raised $6 million for AI identity solutions
  • Aura secured $5.50 million in seed funding for AI marketplace
  • Captain Tsubasa: Rivals raised $5 million for P2E gaming on TON
  • HOPR Token gathered $4.80 million for privacy infrastructure
  • Templar Protocol secured $4 million for DeFi lending
  • Arda Labs raised $3 million for real-world asset infrastructure
  • M10, Obol Labs, and Rakurai each secured $3 million
  • Sogni ai raised $2 million for AI art on DePIN
  • W3I Software secured $1.50 million for Cardano stablecoins
  • Offline Protocol raised $1.10 million for payment infrastructure
  • Bubblemaps gathered $800,000 with $20 million FDV for analytics
  • Lagom Chain secured $200,000 with $4 million FDV for L1 interoperability



Source link

CryptoCanada

Share
Published by
CryptoCanada

Recent Posts

What is a DeFi Wallet and How It Works

DeFi Wallets Unmasked: Your Key to Financial Sovereignty in the Crypto Wild West DeFi wallets…

13 hours ago

Head And Shoulders Pattern Says Bitcoin Price Is Headed Down Toward $95,000

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Head…

13 hours ago

Australia Cracks Down Amid Scam Surge

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Australia’s financial…

13 hours ago

Morgan Stanley Says Stock Market Has Priced in Tariff Best-Case Scenario, Warns Stagflation Issue Looming for Magnificent 7 Firms

Chris Toomey, a managing director at Morgan Stanley, thinks the market hasn’t priced in the…

13 hours ago

What Is a Stablecoin? Meaning, Definition, Types & More

Curious about stablecoins and how they fit into the crypto world? This guide breaks down…

2 days ago

$3600 next target for gold?

Last week, Donald Trump’s delay on European tariffs marked the return of the bullish rally…

2 days ago