Web3 Projects Secure $59.75 Million in Funding Over One Week
- 17 projects announced investments between May 10 and May 17.
- 11 projects collectively raised $59.75 million.
- Openverse Global secured $11 million for network hub development.
- Perpl obtained $9.25 million for a decentralized exchange platform.
- KYD Labs received $7.1 million for ticket sales tools development.
A surge in Web3 investments saw Openverse Global and Perpl leading with substantial funding, contributing to a total of $59.75 million raised by various blockchain-focused projects within a week, highlighting the sector’s growing momentum.
Source (2.6)https://hodl.press/web3-projects-raise-59-8m-in-one-week/?rand=24434