Web3 and Blockchain Projects Secure $3 Billion in March
- Over 125 Web3 and blockchain projects secured more than $3 billion in funding.
- Binance received a $2 billion investment from UAE’s MGX Investment Company.
- MoonPay obtained $200 million through a renewable credit line from Galaxy.
- Walrus Foundation raised $140 million via private token sales.
- Canaan garnered $100 million for mining infrastructure development.
In March, the Web3 and blockchain sectors saw significant investment activity, with Binance leading by securing a $2 billion investment from MGX Investment Company. This highlights growing institutional interest in the sector.
Source (2.6)https://hodl.press/web3-and-blockchain-projects-secure-3-billion-in-march/?rand=24434