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Web3 Projects Secure $59.8M Funding

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
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