Weekly Recap

Crypto funding rose 60% week-over-week from $145 million to $232 million, while total deal count decreased 7% from 29 to 27. CeFi was the leading funding category, totaling $145 million across three deals and comprising 63% of all funding. The total was bolstered by Public’s $130 Series D round, representing only the second Series D round in 2024. Although CeFi has been a laggard category all year, three of the four late-stage rounds (Series C or later) have been CeFi companies. Infrastructure was the leading category for deal count, tallying 15 deals, making up more than ha...