BTC knocked the ball out of the park with a landslide price rally that catapulted the token beyond its previous ATH. In the same week, venture capitalists invested nearly $214 million across six projects. This significant investment can change how everything pans out for the landscape.
In addition to this mammoth investment, Theta Capital Management closed around $175 million in funds for blockchain investments, along with PitchBook projects that have raised close to $18 billion this year. Therefore, the penultimate week of the month has seen some major crypto investments and movement.
Here are some of the biggest raises of the week that you must know more about:
Worldcoin Raising $135 Million
OpenAI’s CEO, Sam Altman, ’s crypto venture just managed to bag close to $135 million this week. This is by far one of the biggest and most significant investments made by any crypto this week. According to reports, Worldcoin secured the capital by selling WLD tokens to its earlier backer, a16z. As per the firm, this decision is to meet the growing demand for the company-issued World-ID that will allow expansion beyond the USA.
Slash Raising $41 Million
Another notable investment in crypto this week was Slash announcing a $41 million Series B round. This is another noteworthy investment in the blockchain ecosystem that has made investors hopeful about what the new features, such as an investment, might bring to the table.
