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Cryptocurrency companies have raised more than $27 million in one day.
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Cryptocurrency companies have raised more than $27 million in one day.

Feb 1, 2024

According to the latest data on February 1, 2024, the leaders of several startups and organizations in the field of cryptocurrencies announced the successful completion of investment rounds and the raising of funds for the Web3 fund. For example, Sanctor Capital has successfully raised $10 million for its early-stage investment fund.

Representatives of the company also shared information about the conclusion of a partnership agreement with Press Start, which will allow them to launch an accelerator program called "The Multiplayer Fellowship". According to data from Sanctor and Press Start, they plan to invest in 100 startups in the next 18 months. Almost half of the graduates of previous Press Start scholarship programs have already continued their work or joined well-known accelerators such as Alliance DAO, a16z Crypto Startup School & SPEEDRUN, Binance Labs and Y Combinator.

Saltwater Games has also successfully completed the initial funding phase of $5.5 million, receiving investments after attracting developers from Maze Theory, Nexus Labs and Quantum Interactive. This stage was led by Deus X and Fourth Revolution Capital (4RC). Saltwater plans to use the funds raised to expand the team, invest in new technologies and expand into new markets.

And finally, it became known that the digital asset trading platform received $12 million from investors as part of a Series A financing round. This round was led by 6th Man Ventures, and it also involved Asymmetric, ParaFi Digital, Foundation Capital and other venture capital funds. The developers of the platform announced that they are preparing to launch the final version of the cryptocurrency exchange.

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