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Crypto Startups Raise Approx $52 Million in the Past Week

Last week, crypto startups raised approximately $52 million, with Fedi raising $17 million and zkLink raising $10 million. Fedi is a developer of financial data technology that allows users to create federations for payments between friends and family using Bitcoin. Meanwhile, zkLink plans to provide crypto traders with uninterrupted multichain exposure. Fare Protocol, which raised $6.2 million, offers a probability smart contract ecosystem that allows users to mint and burn FARE tokens with clarity and verifiably random results. Other fundraisers include Vibe, Entendre Finance, Nolus, and Portals, which raised $4 million, $4 million, $2.5 million, and $2 million, respectively.

(By Roxanne Williams)

Crypto
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