The cryptocurrency industry has witnessed significant fundraising activity, with multiple projects attracting investments from major global firms. These developments underscore the growing confidence in blockchain technology and decentralized finance (DeFi) solutions.
MAJOR RECENT CRYPTO FUNDRAISING EVENTS#USDXMoney #WorldLibertyFinancial $WLFI #Partior #U2UNetwork #SchumanFinancial $EUROP #Avant #TalusNetwork #OpenTrade pic.twitter.com/UCPSenjHpU
— PHOENIX – Crypto News & Analytics (@pnxgrp) November 30, 2024
According to the Phoenix group, USDX.Money, a blockchain-based stablecoin platform, raised $45 million in a funding round backed by prominent investors, including NGC Ventures, LSE Capital, and UOB Ventures. This capital infusion will accelerate its plans to enhance cross-border payment solutions. The company aims to capitalize on the increasing global demand for transparent and efficient financial systems.
World Liberty, Partior, and U2U Secure $63.8M for Blockchain Growth
World Liberty Financial, a decentralized finance (DeFi) protocol, closed a $30 million funding round with support from blockchain giant TRON. The funds will be directed toward scaling its decentralized payment ecosystem, emphasizing global accessibility. TRON’s backing highlights its commitment to fostering innovation in the decentralized financial space.
Partior, a blockchain platform specializing in wholesale banking and cross-border settlements, garnered $20 million in investment from Deutsche Bank. The company aims to expand its operations and develop its infrastructure for instant, transparent banking solutions. Deutsche Bank’s involvement signals a significant step toward integrating blockchain into traditional finance.
The U2U Network secured $13.8 million in funding, with investors such as KuCoin, IDG Capital, and others. The platform, known for its versatile blockchain ecosystem, plans to channel these funds into developing new tools and expanding its user base. The participation of high-profile firms underscores the project’s strong market potential.
Schuman, Avant, Talus Raise $19.8M for Blockchain
Schuman Financial raised $7.3 million in its latest funding round, with support from Ridgeway Partners, DFG, and Delta Capital. The investment will support its efforts to build innovative DeFi products tailored for European markets. With the increasing adoption of blockchain solutions in Europe, Schuman Financial aims to position itself as a leader in decentralized finance.
Avant, a blockchain-focused venture platform, received $6.5 million in funding from investors, including Superlayer, Avalaunch, and Gogopool. The funds will support blockchain startups and promote emerging technologies in the sector. Avant aims to drive growth by fostering innovation in early-stage projects.
Talus Network, a blockchain platform emphasizing environmental and financial sustainability, raised $6 million from investors such as Polychain Capital, Foresight Ventures, and GeekCapital. The funds will support the development of green-focused blockchain applications and tools. Talus is committed to aligning blockchain with sustainable development goals.
OpenTrade Raises $4M Amid Blockchain Growth
OpenTrade, a decentralized finance platform, closed a $4 million funding round led by AlbionVC, CMCC Global, and CSK Ventures. The funds will enhance its tokenization services, particularly for real-world assets. OpenTrade’s innovative solutions aim to revolutionize asset ownership and liquidity in the digital finance ecosystem.
These funding rounds reflect a heightened interest in blockchain technology and its transformative potential. Investors from traditional finance and cryptocurrency are increasingly converging to support projects promising scalability, innovation, and real-world impact. As the industry matures, these initiatives signal a robust outlook for blockchain’s role in reshaping global finance.
The recent surge in crypto fundraising underscores a dynamic shift toward decentralized technologies and sustainable solutions projects like USDX. Money and Partior are paving the way for financial inclusivity, while platforms like Talus Network and OpenTrade focus on environmental and real-world applications. As blockchain continues to attract institutional interest, its integration into mainstream financial systems seems inevitable.