Crypto Projects Raise Over $100M in Recent Fundraising Events

by Aric Feil

The sizzling crypto fundraising events have injected huge capital into blockchain projects, with several surpassing $100 million. These events highlight the persevered hobby and confidence in blockchain technology.

MAJOR RECENT CRYPTO FUNDRAISING EVENTS#Toncoin $TON #DriftProtocol $DRIFT #Helius #HemiNetwork #Yellow $YELLOW #PipeNetwork #TrueX $PYUSD #Fermah pic.twitter.com/SgFGSPm0js

— PHOENIX – Crypto News & Analytics (@pnxgrp) September 21, 2024

The prominent projects in the most up-to-date fundraising consist of Toncoin (TON), Dawdle Protocol (DRIFT), Helius, Hemi Community, and Yellow, with a huge assortment of traders backing their initiatives. A crypto analytical platform published the principal aspects of those funding projects by design of X platform.

Toncoin Raises $30M in Landmark Deal Amont Top Crypto Funding Projects

Toncoin successfully raised $30 million, attracting the backing of Bitget and extra expanding its have an effect on in the blockchain home. Dawdle Protocol adopted closely with a $25 million lift, supported by critical traders devour Multicoin Capital and Paradigm. These investments level to rising confidence in the decentralized finance sector, where Dawdle Protocol continues to place itself.

Hemi Community and Fermah Also Terminate Rounds

Helius also secured distinguished funding, with $21.7 million raised by design of numerous traders, showcasing the rising hobby in decentralized infrastructure. The match saw powerful participation from alternate leaders having a see to lift its inform in the crypto home. Hemi Community, a leading player in blockchain technology, raised $18 million, extra accelerating its development.

Yellow and Pipe Community had been also key participants in these fundraising events, raising $10 million and $12 million, respectively. Merchants similar to GSR, CoinFund, and others have fueled their upward push, underlining the inquire of for blockchain innovation. Yellow’s initiative attracted toughen from numerous world backers, reinforcing its say as an rising player in decentralized finance.

Scheme Forward

These events judge the rising hobby in blockchain technology and its applications across decentralized finance. TrueX and Fermah also raised critical amounts, with TrueX closing at $8 million and Fermah securing $5.2 million. These figures underscore a powerful future for blockchain networks.

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