Where Institutions Invested in November

The distribution of funds by sector remained almost the same as in October. The largest amounts of capital were invested in infrastructure projects, decentralized finance (DeFi), and the gaming sector (GameFi). Here are the projects that received the most money:

usdx.money

At the end of November, the stablecoin issuer usdx.money announced a successful $45 million funding round. The company's representatives emphasized that the total valuation of the company increased to $275 million.

NGC, BAI Capital, and Generative Ventures were among the largest investors. The usdx.money project plans to use the funds to accelerate the development of the ecosystem.

Zero Gravity Labs (0G Labs)

The second place in terms of the amount of funds raised was taken by the modular blockchain with artificial intelligence (AI) Zero Gravity Labs (0G Labs). On November 13, the project closed a $40 million funding round. Last month, it also secured a $250 million commitment for future token purchases.

Monkey Tilt and others

Online gambling platform Monkey Tilt raised $30 million in Series A funding in November, the same amount as Chinese mining hardware provider Canaan.

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