Funding Weekly | Crypto.com Secures $400M Investment, CeFi and Stablecoin Sectors Continue to Attract Capital
Crypto Weekly Investment Recap: Funds Converge on CeFi, Stablecoins, and AI
Last week's crypto and AI investment landscape saw significant capital concentration, with a few large deals dominating.
**Crypto/Web3 Highlights (July 13-19):**
Total investment exceeded **$812 million** across 17 deals. Key trends:
* **Centralized Finance (CeFi) & Stablecoins** remained a major magnet, led by **Crypto.com**'s massive **$400 million** raise from Citadel Securities, valuing the exchange at $20B.
* **Infrastructure & Tools** saw 7 deals, including **Cyclops** ($20M for stablecoin payments) and **ADI Chain** ($50M for stablecoin settlement infrastructure).
* **DeFi** had 2 deals, such as AI-native DEX **Quote Trade** ($4M).
* Other notable raises: API broker **Alpaca** ($135M), cross-border platform **Flex** ($70M), treasury firm **ORANGE JUICE** ($40M), and prediction market **Pascal** ($9M).
* **Acquisitions:** Keyrock bought BlockFills' trading unit, SBI Holdings acquired Singapore exchange Coinhako, and MoonPay bought startup Glide.
**AI & Robotics Highlights:**
Investment momentum in AI remained very strong.
* Nvidia-backed AI cloud service **Fireworks** raised a massive **$1.5 billion** at a $17.5B valuation.
* In robotics, **Walden Robotics** (spun out from Toyota) secured **$300 million**, and Chinese humanoid firm ****逐际动力** **(Climax Dynamics) raised nearly **$200 million** in a Pre-IPO round.
* Other significant AI raises included Indian programming platform **Emergent** ($130M) and drone company **Brinc** ($125M), backed by Sam Altman.
Overall, the trend shows capital flowing heavily into established crypto financial services, stablecoin infrastructure, and large-scale AI/robotics commercialization.
marsbit07/20 03:47
