The cryptocurrency market witnessed significant financial activity from February 2-6, with 14 investment and financing events and 4 mergers and acquisitions totaling nearly $300 million. Notably, Anchorage, a crypto custody platform, secured a $100 million strategic investment from Tether. TRM Labs, a provider of crypto compliance and risk management solutions, raised $70 million in Series C funding from investors including Blockchain Capital, Goldman Sachs, and Citibank, achieving a post-money valuation of $1 billion. Additionally, DEX aggregator Jupiter received a $35 million strategic investment from ParaFi Capital.
Crypto Market Secures $300M in Funding and M&A Deals in Early February
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