Digital Assets Attract Significant Investment Over Past Week

According to recent data, a significant amount of investment has been poured into various digital assets and companies over the past week. In total, 23 projects received funding, with some amounts disclosed as part of venture capital deals totaling around $75 million.

The largest deal saw Pharos Network receive $44 million in funding for its Layer 1 blockchain focused on tokenizing real-world assets (RWA). This investment will be used to develop RWA infrastructure in Asia and scale RealFi at the institutional level. Other notable investments include Kulipa, Pixie Chess, Uniblock, GoSats, INXY, Diamante, Giggles, PUMPCADE, Enhanced, Patientory, NanoVita, Splyce, Libeara, Transak, ZeruAI, and Predict Fun.

One corporate deal worth $50 million was recorded last week. Cross River raised funds through a common stock offering to expand its crypto services, accelerate AI adoption, and global expansion.