Crypto venture funding market continues to express an active participation. In this respect, the past week has witnessed a total of $76.4 million in funding across the crypto ventures. As per the data from CryptoRank, Yellow Card has become the top project, with InvestiFi, and Vangrid following it. Subsequently, JPYC, Yooldo, Global Ledger, and ZIGChain have also gained notable fundings over the week.
Yellow Card Leads Crypto Funding Rounds with $40M
Based on the market data, Yellow Card has emerged as the top crypto venture of the past week with a staggering $40M in funding. The platform provided stablecoin-powered payment services across twenty African jurisdictions as well as the other advanced markets. Following that, InvestiFi has become the 2nd notable project by collecting $20M. The platform integrated investment and crypto trading opportunities for the community banks and credit unions in the United States.
Subsequently, the 3rd prominent name on the list of the week’s crucial crypto funding rounds is Vangrid. The project is a DePIN that transforms smartphones into comprehensive crowdsourced networks of spatial data for physical artificial intelligence (AI). In particular, it has amassed a total of $9M in its funding. Then, JPYC, a compliant yen-pegged stablecoin issuing platform in Japan, is another noteworthy name. The project has collectively gained $6.35M throughout the week, raising the cumulative amount of its Series B funding to almost $38M.
Yooldo, Global Ledger, and ZIGChain Bottom List
According to CryptoRank, Yooldo, a Web3 esports and gaming platform, has obtained $1M in its funding last week. Then comes Global Ledger, which is a banking infrastructure venture, with undisclosed funding collected last week. After that, the UAE-based L1 that brings PayFi and private credit on-chain through institutional rails, has also received an undisclosed amount in a strategic funding round.
