Hotcoin Investment and Financing Weekly Report (3.1-3.7) | A total of 16 public investment and financing events, financing data halved

From March 1 to March 7, the crypto market saw a total of 16 investment and financing events, including 6 in infrastructure, 4 in CeFi, 3 in DeFi, 1 in gaming solutions, 1 in AI, and 1 in DePIN.

This week, there were 6 financing rounds over ten million dollars:

• Crypto financial services company Flowdesk completed a financing round of $102 million, with investors including HV Capital, Cathay Innovation, and others.

• BTC reserve asset company Metaplanet completed a financing round of $87 million, with investors including EVO FUND.

• The optimistic-based cross-chain bridging protocol Across Protocol completed a financing round of $41 million, with investors including Paradigm, Coinbase Ventures, and others.

• The new internet DoubleZero, aimed at optimizing distributed systems, completed a financing round of $28 million, with investors including Dragonfly, Multicoin Capital, and others.

• Web3 infrastructure platform Validation Cloud completed a Series A financing round of $15 million, with investors including True Global Ventures, Blockchain Founders Fund, and others.

• Berachain ecosystem hub Infrared completed a Series A financing round of $14 million, with investors including Framework Ventures, NGC Ventures, and others.

This week, the investment and financing activity in the crypto market halved compared to last week, with 6 in infrastructure and 4 in CeFi. Crypto financial services company Flowdesk secured the largest financing of the week, amounting to $102 million.

The investment and financing projects this week sorted by financing amount are shown in the figure below: