The crypto industry has recently witnessed substantial funding events. In this respect, OpenAI, OpenFX, and Cross River have emerged as the top among the recent crypto fundraising. As per the data from Phoenix Group, the other key players on the list of noteworthy crypto funding rounds include Midas, Valinor, The Better Money Company, Latitude, and Kulipa. Hence, these events reflect the wider appetite for consumer and infrastructure-focused crypto solutions.
OpenAI Dominates Recent Crypto Fundraising Events with Stunning $122B in Collection
OpenAI has dominated the recent big crypto fundraising events. Specifically, the project has collected a staggering $122B in its latest funding round. Amazon, Nvidia, SoftBank, AI16Z, and Microsoft are among the key platforms that have backed this funding round. After that, OpenFX is the 2nd top platform among these funding rounds, amassing a total capital of $94M in the exclusive fundraising event. Pantera, Hash3, Accel, and Northzone have become the top backers of this funding round.
Subsequently, Cross River has seen the 3rd top crypto fundraising event. Getting a cumulative capital of up to $50M, the project has gained major support from T.RowePrice. Following that, Midas stands in the 4th top position. The renowned crypto initiative has effectively accumulated $50M. The popular backers of this event include Creandum, Framework, Franklin Templeton, and North Island.
Latitude, and Kulipa Bottom List of Crypto Fundings, Securing $8M, and $6.2M
Another prominent platform with a notable funding round is Valinor. The crypto project has successfully captured a total amount of almost $25M in its new funding. The fundraising backers include Castle Island Ventures, Maven11, Neoclassic, Paxos, and The Fintech Fund. Coming after that is The Better Money Company, securing $10M. The Fintech Fund, Sunflower Capital, and Box Group lead this funding round’s supporters.
Moving on, Phoenix Group’s list of recent crypto funding events adds Latitude in the 7th place. The fundraising event has collected a cumulative figure of $8M. Particularly, Coinbase Ventures, NEA, Lightspeed Action, and Paxos have provided support for this fundraising effort. Ultimately, Kulipa is the last among the recent notable crypto funding events. The project has raised $6.2M, getting support from Flourish, White Star Capital, and Fabric.
