Crypto Funding Weekly Recap: Nov 3-Nov 9 - Deals Top $800 Million

Key Highlights of the Week

• Over $800 million in total funding for crypto-related ventures.
• Publicly listed companies raised over $705 million for crypto treasury strategies.
• Notable activity in funding DeFi, Web3, and infrastructure projects.

Detailed Deal Analysis

According to PANews's statistics, last week (November 3rd to November 9th) saw the closing of 13 blockchain funding deals globally, with a total value exceeding $808 million. In addition, listed companies raised over $705 million to strengthen their crypto asset reserves.

DeFi (Decentralized Finance)

5 funding deals were announced in the DeFi space, most notably:

• Accountable: Completed a $7.5 million funding round led by Pantera Capital.

Web3 + AI

One funding deal was announced in this space:

• Donut Labs: Web3 + AI browser project completes a $15 million seed round with participation from BITKRAFT.

Infrastructure & Tools

6 funding deals were announced in this space, including:

• Commonware: Crypto infrastructure company completes $25 million in funding led by Tempo, a Stripe-backed startup.

Centralized Finance

One funding deal was announced:

• Standard Money: Developer of the BNB Chain ecosystem stablecoin USDsd completes an $8 million strategic funding round.

Public Company Financings

• OceanPal: Nasdaq-listed shipping company completes a $120 million PIPE for crypto treasury strategies.
• Tharimmune: Nasdaq-listed company completes a $540 million private placement to establish a Canton utility token treasury.
• Hyperscale Data: Digital asset finance company completes a $125 million "at-the-market" offering.
• FUTURE: Swiss Bitcoin treasury company completes CHF 28 million in funding.
• Stewards: US over-the-counter listed company completes a $10 million PIPE to establish a DOLO digital asset treasury.

Additional Noteworthy Deals

• Lava: DeFi Bitcoin lending platform raises $200 million in venture and debt financing.
• Fomo: Crypto trading app completes a $17 million Series A round led by Benchmark.
• Rift: Peer-to-peer Bitcoin trading protocol secures $8 million in funding from Paradigm.
• Liquid: Perp DEX aggregator completes a $7.6 million seed round led by Paradigm.
• Kyo Finance: Soneium ecosystem liquidity hub completes a $5 million Series A round.
• Arx Research: Completes $6.1 million seed round, launches stablecoin and fiat POS device "Burner Terminal".
• Harmonic: Solana ecosystem project completes $6 million seed round led by Paradigm.
• Sprinter: Cross-chain infrastructure project completes $5.2 million seed round.
• Zynk: Stablecoin-powered payments company completes $5 million seed round.

This week demonstrates continued institutional and investor interest in a diverse range of crypto ventures, with particular focus on infrastructure, AI applications, and decentralized finance solutions.