A total of 31 public financing events occurred in the encryption market from February 19th to 25th, with a cumulative financing of approximately US$2

According to incomplete statistics from RootData, from February 19 to February 25, 2024, the blockchain and crypto industry had a total of 31 publicly disclosed financing events, with a total financing of approximately $238 million. In terms of distribution, the projects that received financing were mainly distributed in the infrastructure and DeFi tracks, completing 10 and 11 financings respectively. The liquidity re-collateralization track continues to be hot, with EigenLayer receiving $100 million in financing from a16z; Binance Labs announced investment in Renzo. Other popular projects include the AltLayer execution layer system, the Beoble communication infrastructure, the Matr1x metaverse, the Superfluid Web3 streaming payment protocol, and so on.