The third week of December 2024 marked a major moment in crypto funding, with Riot securing a $594.40 million investment.
This represents one of the largest capital raises in the Bitcoin (BTC) ecosystem this year. The last seven days showcased investor confidence in established blockchain platforms. The total investments have surpassed $715 million across various sectors.
Crypto.news collected the data from Crypto Fundraising to select the projects that raised the most funds during this period.
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Riot, $594.4 million
Secured $594.4 million in an unknown round
Riot focuses on Bitcoin ecosystem development
The company has raised $1.15 billion so far
The fundraises represents one of the largest raises in crypto for 2024
BVNK, $50 million
Raised $50 million in Series B funding with $750 million FDV
Backed by HAUN, Coinbase Ventures, and Tiger Global
BVNK is developing payment and stablecoin solutions
The project has raised $90 million in total
We've raised $50 million to fuel the next era of stablecoin payments, with @HaunVentures, @cbventures, @ScribbleVC, Tiger-Global and Avenir. We’re still focused on accelerating global money movement and empowering businesses to grow. This funding enables us to bring… pic.twitter.com/g8VDGb6gbA
— BVNK (@BVNKFinance) December 17, 2024
Lens Protocol, $31 million
Secured $31 million in strategic funding
Supported by Lightspeed Faction and Avail
Lens Protocol is building social networking on the Polygon (POL) ecosystem
The project has raised $46 million so far
We're excited to announce a $31 million strategic raise led by @FactionVC to fuel the rise of SocialFi. pic.twitter.com/NiGAc91d44
— Lens (@LensProtocol) December 18, 2024
Plume Network, $20 million
Raised $20 million in an unknown round
Backed by Brevan Howard, HAUN, and Lightspeed
Plume Network is developing a blockchain for scaling real-world assets (RWAs)
RWAfi is here.Today, we’re proud to announce our $20M Series A from leading investors in both crypto and TradFi:@BHDigitalAssets, @HaunVentures, @GalaxyDigital, @FactionVC, @Superscrypt, @HashKey_Capital, @LaserDigital_, A Capital, @280Capital, @svangel, @recvcx, and others. pic.twitter.com/hgkG3favDg
— Plume Network – RWAfi L1 (@plumenetwork) December 18, 2024
Prometheum, $20 million
Secured $20 million in an unknown round
Prometheum is building an asset management platform
Today we announced a capital raise of approximately $20 million this year. Thank you to all of our investors who see the transformative potential in #digitalassetsecurities—and in @PrometheumInc’s purpose-built marketplace designed to support them. We can’t wait to bring this…
— Prometheum (@PrometheumInc) December 17, 2024
Funding rounds $6 million and below
Fraction AI raised $6 million in pre-seed for AI infrastructure
DuckChain secured $5 million for TON ecosystem development
Fuel Network gathered $4.50 million through public sale with $0.2M FDV
Kettle raised $4 million for NFT marketplace development
Promeet secured $3.10 million in pre-seed funding
Flock raised $3 million in strategic funding
Juicyway gathered $3 million in pre-seed funding
Silencio and Andrena each secured $2.50 million
BitDCA raised $2 million in pre-seed funding
Derive gathered $500,000 through public sale
Gasp secured $450,000 through public sale
Beam raised $250,000 in an unknown round
Read more about last week’s crypto VC funding data here.
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