From January 5 to January 11, 2025, seven blockchain projects globally raised a total of $332 million, marking a significant increase from the previous week's $2.77 million. The largest deal was by stablecoin company Rain, which secured $250 million at a $1.95 billion valuation, led by ICONIQ. Rain plans to use the funds to expand globally and adapt to regulatory changes. AI data exchange platform Protege raised $30 million in a Series A round led by a16z, while RuneSoul completed a $30 million strategic financing to transition into a Web3 gaming platform. Other notable fundraisers include Babylon with $15 million, TBook with over $10 million, HabitTrade with nearly $10 million, and KOLECT with $1.2 million. These investments highlight a robust return to normalcy in blockchain financing activities.
Blockchain Projects Secure $332M in Global Funding
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