Crypto VC funding: World Liberty Financial raises $30m, Partior takes home $20m

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As a seasoned researcher with over two decades of experience in the dynamic world of finance and technology, I find this week’s crypto funding scene intriguing, particularly the shift towards DeFi and financial services. The cumulative investments might have dropped compared to the past weeks, but the strategic investments made are noteworthy.

During the last week of November 2024, there was a noticeable trend towards Decentralized Finance (DeFi) and financial services within the cryptocurrency investment landscape. Specifically, World Liberty Financial successfully secured an investment of $30 million.

Over the past week, our investments have surpassed the $90 million mark, which is noticeably lower than the $125 million we saw the week prior and the $120 million from the week before that.

Crypto.news analyzed funds raised by various projects through Crypto Fundraising, and here’s a summary of the projects that garnered the largest amounts of capital during that specific timeframe:

World Liberty Financial, $30 million

  • The Donald Trump-backed startup raised $30 million from billionaire Justin Sun
  • Sun founded the Tron (TRON) blockchain
  • Sun signed on to be an adiver, focusing on DeFi and Ethereum (ETH) ecosystem development

We’re excited to pour $30 million into World Liberty Financial (@worldlibertyfi) as its primary investor! The U.S. is rapidly emerging as the epicenter of blockchain technology, which has significant ties to Bitcoin, thanks in part to @realDonaldTrump! TRON stands firm in its mission to make America exceptional and drive innovation. Onward!

— H.E. Justin Sun 🍌 (@justinsuntron) November 25, 2024

Partior, $20 million

  • Secured $20 million in Series B funding
  • Received investment from Deutsche Bank
  • The project develops payment solutions
  • Partior raised $80 million so far.

Kernel DAO, $10 million

  • Raised $10 million in an unknown round
  • Backed by Binance Labs and 15+ investors
  • Kernel DAO is building on the BNB Chain ecosystem

As an analyst at Kernel, I’m thrilled to share that we have successfully secured funding from Binance Labs. This strategic investment marks a significant milestone in our journey to establish robust and innovative restaking solutions within the BNB Chain ecosystem. We’re excited about this partnership as we embark on redefining the staking experience for all BNB Chain users! 🚀

— Kernel DAO (@kernel_dao) November 25, 2024

Balance (E-PAL), $10 million

  • Secured $10 million in an unknown round
  • Balance develops AI-powered gaming solutions
  • The project has raised $40 million so far.

Notable crypto VC funding rounds under $5 million

  • Schuman Financial raised $7.36 million in seed funding.
  • Avant Protocol secured $6.50 million in seed funding with a $25 million FDV.
  • Talus Network gathered $5 million in a strategic round with a $150 million FDV.
  • OpenTrade raised $4 million in seed funding.
  • U2U Network secured $3.80 million in an unknown round.
  • Rarimo raised $2.50 million in an unknown round.
  • Moongate gathered $2.50 million in an unknown round.
  • Bleap secured $2.30 million in pre-seed funding with a $10 million FDV.
  • BRKT raised $1.75 million in seed funding.
  • Margarita Finance secured $1 million in pre-seed funding.
  • N3MUS raised $800,000 in pre-seed funding.
  • Pulse gathered $400,000 in an unknown round.
  • Girin Labs secured $300,000 in an unknown round.

Find out more about last week’s crypto VC funding data here.

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2024-11-30 17:50