Infrastructure is King
Nov 11, 2022
• 4
Min Read
Funding was on par with last week’s levels, with the total amount rising modestly to $224 million from $222 million. Infrastructure deals claimed the lion’s share of deals and amount raised, representing 36% of deals and 71% of total funds raised. The majority was raised via two $70 million deals from Ramp and TRM Labs. Ramp Network is a crypto payments solution looking to make purchasing cryptocurrencies easily available via any website or app. TRM Labs is a blockchain intelligence company allowing companies to analyze blockchain data to help detect illicit or fraudulent activities. CeFi...