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Crypto Funding Week Aug 3-9 Reaches $1.46 Billion Across 18 Projects

The week saw diverse funding events spanning DeFi, Web3, AI, and fintech sectors, with institutional backing underscoring sustained confidence in blockchain innovation and crypto asset management.

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Summary

During August 4-10, 17 global blockchain investment events secured over $111.2 million, while listed companies raised more than $846 million for crypto reserves. Key highlights include BOB’s $9.5 million round in DeFi, SuperGaming’s $15 million Series B, and Verb Technology’s $558 million PIPE enabling TON treasury formation, alongside notable rounds in AI, gaming, and fintech.

Terms & Concepts
  • DeFi: Decentralized Finance (DeFi) refers to financial services built on blockchain technology that operate without central intermediaries.
  • TON treasury: A treasury model focused on managing reserves of Toncoin used by companies for growth and stability.
  • PIPE financing: Private Investment in Public Equity (PIPE) is a method for publicly traded companies to raise capital through private investors.