Crypto World Records $1.2 Billion Investments: IPOs and VC Rounds Shine
This past week, from September 7th to 13th, saw crypto investments surge to an notable $1.213 billion. This boom spanned ten projects, involving venture capital (VC) rounds and initial public offerings (IPOs). IPOs particularly led the charge.
Figure topped the list with a monumental $787.5 million IPO. It specializes in loan origination and equity management, amassing over $2.51 billion in total funds. This event marks one of the largest crypto IPOs ever.
rapyd, a global fintech platform offering payment solutions, netted $500 million, with support from investors like Xpring and BlackRock. gemini, a U.S. cryptocurrency exchange and custodian bank, also gained $425 million through its IPO, reaching $825 million in cumulative funding.
- Inversion Capital raised $26.5 million in a seed round.
- Projects like Intuition, everlyn, PlayAI, Gyld Finance, and Recoveris secured under $3 million each, contributing to the growing crypto ecosystem.
This unprecedented funding demonstrates the increasing confidence in crypto ventures. For deeper insights, sign up for our weekly crypto news updates here.
