What is the current state of crypto fundraising, and what sectors are leading?
Are you catching wind of the recent happenings in the crypto world? Crypto fundraising is making waves, with major projects across various sectors raking in over $162 million in recent weeks. It appears that the sectors leading this charge include payments, stablecoins, and Ethereum Layer 2 infrastructure. The Hercle Group, for instance, bagged $60 million to bolster their operations in payments and stablecoins—perhaps a tell-tale sign of strong institutional interest in scalable digital payment solutions. MegaETH isn’t far behind, having raised $49.95 million to develop a new Layer 2 network within the Ethereum ecosystem. It’s something of a fresh trend we’re seeing, wouldn’t you say?
