From March 22 to March 28, there were a total of 17 investment and financing events in the cryptocurrency market, including 6 in infrastructure, 4 in DeFi, 2 in gaming, and 5 in others.

This week, there were 3 financing events exceeding ten million dollars:

• Digital insurance company Tabit completed a round of financing of 40 million dollars, with unknown investors.

• Cross-border remittance platform Abound completed a round of financing of 14 million dollars, with investors including the NEAR Foundation and Circle Ventures.

• Decentralized oracle solution Chronicle Protocol completed a seed round financing of 12 million dollars, with investors including Strobe Ventures and 6th Man Ventures.

This week, the enthusiasm for investment and financing in the cryptocurrency market has declined, with 6 events in infrastructure and 4 in DeFi. Digital insurance company Tabit secured the largest financing this week, amounting to 40 million dollars.

The investment and financing projects this week are sorted by financing amount as shown in the figure below:

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