From January 5 to January 11, 2025, seven blockchain projects globally raised a total of $332 million, marking a significant increase from the previous week's $2.77 million. The largest deal was by stablecoin company Rain, which secured $250 million at a $1.95 billion valuation, led by ICONIQ. Rain plans to use the funds to expand globally and adapt to regulatory changes.
AI data exchange platform Protege raised $30 million in a Series A round led by a16z, while RuneSoul completed a $30 million strategic financing to transition into a Web3 gaming platform. Other notable fundraisers include Babylon with $15 million, TBook with over $10 million, HabitTrade with nearly $10 million, and KOLECT with $1.2 million. These investments highlight a robust return to normalcy in blockchain financing activities.
Blockchain Projects Secure $332M in Global Funding
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
