Major Venture Capital Investments in Cryptocurrency from November 15 to 22
- Kalshi raised $1 billion, valuing the company at $11 billion, with participation from Sequoia Capital and Andreessen Horowitz.
- Venture capital investments in crypto projects totaled $1.4 billion across the week, with notable contributions including Kraken’s $200 million and Doppel’s $70 million.
- Obex secured $37 million for its incubator focused on RWA-backed stablecoins.
- Deblock raised €30 million ($34.72 million) for its European on-chain banking platform.
- Several projects, including Parfin and Ledn, received undisclosed funding aimed at enhancing institutional use of stablecoins.
The cryptocurrency investment landscape is witnessing significant activity, particularly in centralized finance (CeFi), blockchain services, and decentralized finance (DeFi). The influx of capital highlights the growing interest in innovative projects within this dynamic sector.
This week’s venture deals underscore a robust investment climate, as evidenced by Kalshi’s landmark $1 billion funding round and Kraken’s continued financial growth with an additional $200 million investment.
