The Crypto Fundraising reached a full time high last week, with a record of $ 3.5 billion raised in 28 funding cycles.
Cryptorank data shown On Monday the weekly funding reached its highest point from October 6 to Sunday, exceeding all previous peaks, including nearly $ 3 billion raised on July 28 to August 3. Advancement came after seven consecutive weeks of sub- $ 1 billion funding activity, marking a sharp resurrection of the investment.
Over the past six months, the weekly fundraising has changed from $ 150 million to $ 2.9 billion, emphasizing the volatility of adventure activity in the crypto space. The sudden growth of October represents a significant breakout.
The bumper fundraising comes as bitcoin reached a new all-time high of $ 126,000 On October 6, and before a massive extermination event That crashed into the crypto markets on Friday.
Blockchain services are leading the weekly funding of the funding
Cryptorank data showed that blockchain services led the fundraising activity last week. Outside the 28 -wing records from October 6 to Sunday, 12 is for blockchain service providers, making it the most active sector.
Centralized financial projects (CEFI) followed by six twists, as the residue went to the blockchain infrastructure, decentralized finance (DEFI), gaming and social adventure. It shows a broad but trend driven by the crypto investment landscape service.
Pantera capital was the most active investor last week, participating in four deals: two of the blockchain services, and others in CEFI and social adventures.
Last year, Coinbase Ventures remained most active player in general, with 73 investments in many sectors. Followed by the Animoca brands with 63 deals, while Labs related to Binance 38 completed. Amber Group and Andreessen Horowitz’s crypto accelerator (A16z CSX) twisted the top tier with 37 each.
Related: Centralized exchanges faced with claims of massive undercounts
Record fundraising between BTC Peak and market crashing
The new weekly crypto fundraising record occurred between Bitcoin (Btc) reaching a new all-time high and the market is experiencing one of the biggest crashes in history.
On October 6, BTC reached a new full time of $ 126,000, According to In coingecko.
The new High BTC is linked to the property moving from centralized exchanges and to self-custody, institution funds and Digital Asset Treasury. However, the festival did not last long.
On Friday, United States President Donald Trump announced a 100% tariff in Chinawhich causes BTC prices to decrease below $ 110,000.
Bitcoin continued $ 16,700, marking a 13.7% correction in less than eight hours. The sharp fall of $ 105,000 wiped 13% of futures open interest in Bitcoin.
Crashing also results Nearly $ 20 billion in liquidsled by decentralized perpetuals exchange hyperliquid.
Magazine: Delayed
