DeFi

Chainge

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/which-projects-attracted-investment-in-may" data-wpel-link="internal" rel="noopener noreferrer nofollow">Which Projects Attracted Investment in May?</a><br></p>
<p style="text-align: justify">Investment patterns in the cryptocurrency <a href="https://newslinker.co/category/science/space/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">space</a> saw notable shifts in May, with a significant focus on DeFi and NFT/GameFi ventures. Despite a slight drop in overall investment compared to April, the number of funded projects rose sharply, indicating growing interest in specific sectors within the crypto ecosystem.</p>
<h2 id="may-crypto-investment-trends">May Crypto Investment Trends</h2>
<p style="text-align: justify">Data from WuBlockchain highlighted an 8.9% decrease in total investments from April, but a remarkable 43% rise in the number of projects receiving funding compared to the same period last year. The primary investment areas in crypto included DeFi, which led with 23.5%, followed by NFT/GameFi at 17.6%, and Layer 1/Layer 2 solutions at 11.8%. Despite the total investment not surpassing April’s $1 billion mark, May still saw a substantial $990 million in investments.</p>
<h2 id="who-received-the-most-funding">Who Received the Most Funding?</h2>
<p style="text-align: justify">The SocialFi platform Farcaster emerged as the top recipient, securing $150 million from prominent <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> such as a16z and Haun, nearly reaching a $1 billion valuation. Bitdeer also made headlines by inking a $150 million subscription agreement with <a href="https://en.bitcoinhaber.net/tether-partners-with-celo-to-enhance-stablecoin-accessibility" data-wpel-link="internal" rel="noopener noreferrer nofollow">Tether</a>, split between stock issuance and conditional funding. Additionally, Babylon, a Bitcoin-centric staking platform, raised $70 million, showing its strong market position.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<ul>
 <li>DeFi and NFT/GameFi projects continue to attract substantial interest and investment.</li>
 <li>Despite a slight decline in total investment, the number of funded projects increased, highlighting diversification.</li>
 <li>High-profile investors are backing SocialFi and RWA companies, indicating confidence in these sectors.</li>
 <li>Prominent projects like Farcaster and Bitdeer are nearing significant valuation milestones.</li>
</ul>
<p style="text-align: justify">Securitize, an RWA firm, garnered attention by securing $47 million from a consortium led by BlackRock, including Hamilton Lane and ParaFi Capital. Other projects such as Polymarket, Humanity Protocol, and Chainge Finance also successfully raised between $13 million and $45 million, showcasing the broad investment landscape in May.</p>
<p style="text-align: justify">In conclusion, May’s investment activity underscores the dynamic nature of the crypto market, with DeFi and NFT/GameFi sectors taking the lead. Investors and project developers should closely monitor these trends to identify emerging opportunities and potential growth areas in the evolving blockchain and cryptocurrency ecosystem.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/which-projects-attracted-investment-in-may" data-wpel-link="internal" rel="noopener noreferrer nofollow">Which Projects Attracted Investment in May?</a></h5>

Which Projects Attracted Investment in May?

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