Messari: Cryptostarts attracted $ 154 million in 25 rounds per week

Researchers Messari published another report in which they talked about the activity of venture capitalists in the cryptocurrency industry this week. The expert noted that at the end of March, cryptostarts attracted about $ 154 million investments in the framework of more than 25 rounds of financing. Over the past 7 days, the largest amounts have received companies operating in the areas of payment decisions, meme tokens, “remitors” and decentralized oracle.

The leader of the week was the startup Rain, the issuer of cryptocurrency cards integrated with VISA. The company attracted $ 24.5 million in the round from Norwest Venture Partners, Coinbase Ventures and Galaxy Digital. Funds will go to the development of infrastructure for digital payments.

According to experts, the 2nd position was taken by the Coresky project, which received $ 15 million. This is a platform for incubation of a meme-user voting system to evaluate public opinion. The project was invested in Tido Capital, W Ventures Capital and Parallel Capital.

The third was ABOUND, a service for money transfers between the United States and India, which received $ 14 million from Near Foundation, Circle and Times Internet. The company plans to expand the possibilities of cross -border translations for Indian users.

On the 4th line was Chronicle Labs, which attracted $ 12 million. This is a developer who previously launched the first independent oracle in the Ethereum network. Investments came from Strobe Fund, Fenbushi and Robot Ventures.

The top 5 startup Warlock, which received $ 8 million from Polychain, Greenfield Capital and Symbolic VC, closes. The company creates tools for market makeup and monetization of the stream of orders. The overall indicator of investment in crypto projects shows that despite market volatility, venture funds continue to actively finance promising initiatives in the blockchain industry.

Author

Peter Ivanov