Hotcoin Investment and Financing Weekly Report (3.8-3.14) | 19 public events, financing data remains stable

From March 8 to March 14, a total of 19 investment and financing events occurred in the cryptocurrency market, including 6 in DeFi, 3 in gaming, 2 in infrastructure, 2 in social, 2 in payments, 2 in AI, 1 in CeFi, and 1 in RWA.

This week, there were 5 financing events exceeding ten million USD:

• Binance, the world's largest digital asset exchange, secured $2 billion in funding, led by MGX.

• Mesh, a crypto asset management & payment platform, raised $82 million in a Series B round, backed by Paradigm, ConsenSys, and others.

• RedotPay, a digital wallet & payment solutions provider, secured $40 million in Series A funding, with investors including Lightspeed Venture, Sequoia China, and others.

• Axelar, a decentralized cross-chain communication network, completed a $30 million OTC funding round, with backing from Arrington Capital, Electric Capital, and others.

• Ethena, an ETH-based Delta-neutral stablecoin protocol, raised $16 million in strategic funding, with MEXC Ventures as the investor.

This week, investment and financing activity in the crypto market remained stable compared to the previous week, with 6 events in DeFi and 3 in gaming. Binance secured the largest funding round of the week, raising $2 billion, making it the most significant investment event in the crypto market during this period.

The following chart ranks this week’s financing projects by funding amount: