Confidentiality Important for Blockchain Adoption
Weekly Recap
Weekly funding fell by almost 50% to $182 million, while the deal count fell by about a third to 23. The Infrastructure category led both funding and deal count, bolstered by Avail’s $47 million Series A round. CeFi saw $26 million in funding, including XREX’s $18.75 million strategic round with Tether. XREX will use the funding to help facilitate regulatory-compliant cross-border payments using USDT. Gaming had the second most deals this week (7), with a notable uptick in deal flow over the last two weeks.
There was $108 million in Series A funding across five deals, a...Finish reading this report for free
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