From March 1 to March 7, a total of 16 investment and financing events occurred in the cryptocurrency market, 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 events exceeding ten million USD:

• Flowdesk, a cryptocurrency financial services company, secured $102 million in funding, with investments from HV Capital, Cathay Innovation, and others.
• Metaplanet, a BTC reserve asset company, raised $87 million, with EVO FUND as the investor.
• Across Protocol, an Optimistic-based cross-chain bridging protocol, closed a $41 million funding round, backed by Paradigm, Coinbase Ventures, and others.
• DoubleZero, a new internet initiative focused on optimizing distributed systems, completed a $28 million funding round, with support from Dragonfly, Multicoin Capital, and others.
• Validation Cloud, a Web3 infrastructure platform, secured $15 million in a Series A round, led by True Global Ventures, Blockchain Founders Fund, and others.
• Infrared, a key hub in the Berachain ecosystem, raised $14 million in a Series A round, with investors including Framework Ventures, NGC Ventures, and others.

This week, investment and financing activity in the crypto market dropped by half compared to the previous week. Infrastructure and CeFi projects dominated the funding landscape, with Flowdesk securing the largest financing round of $102 million USD.

This week’s financing projects are ranked by amount in the chart below: