CeFi Resurgence
Nov 17, 2023
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Weekly Recap
Total funding surged to $383 million this week, more than tripling last week’s total. The majority came from three CeFi deals: Blockchain.com, Fnality International (DotW), and BC Technology Group. They all completed funding rounds of approximately $100 million, making up three of the ten largest deals this year. Infrastructure was the most popular category from a deal count perspective, tallying 10 deals, while the remaining deals were relatively evenly distributed across other categories.
Total deal count rose to 27 this week, with early-stage deals remaining the most ...