Crypto Funding Surges This Week with $1.46 Billion Invested Across 18 Projects

According to Jinse Finance, cryptocurrency financing saw a significant increase this week, with a total of $1.46 billion invested in 18 projects. This round of funding took place from August 3 to 9, primarily focusing on sectors such as blockchain, artificial intelligence, and payment infrastructure. Major institutional giants have poured record-breaking amounts into these areas. Leading the pack is Verb Technology, which raised $558 million in an undisclosed funding round; followed by Satsuma Technology, which secured $217.6 million; and Ripple, which acquired Rail for $200 million, signaling its efforts to expand payment channels between fiat currencies and stablecoins.