Crypto VC Extravaganza: Binance Obtains $2B, World Free Financial Nets $250M

Okay, get ready for the freshest news in the crazy realm of cryptocurrency venture capital! It has been an IMMENSE week, with Binance heading the show.

**Crypto VC Extravaganza: Binance Obtains $2B, World Free Financial Nets $250M**

The second week of March stood out as a historic period, with Binance guaranteeing a staggering $2 billion in financing.

Total financing this week? More than $2.5 billion, with significant investments pouring into DeFi infrastructure and multi-chain solutions.

Let’s explore the major investments that have shaken the VC landscape in the last week, based on the most recent cryptocurrency funding data.

**Binance: $2 Billion**

* Binance grabbed a trendy $2 billion from Abu Dhabi’s MGX, representing their first-ever institutional investment.
* The investment was entirely in an anonymous stablecoin, giving MGX a segment of Binance and indicating their entry into the blockchain and cryptocurrency space.
* MGX, famous for its emphasis on AI and advanced technology, claims this investment is consistent with its strategy to support financial and blockchain innovation.

**World Free Financial: $550 Million**

* World Free Financial earned $550 million through a token sale, bringing their total financing to almost $600 million.
* Information from ICO Drops shows that this DeFi project, with direct connections to the Trump family (yes, you understood that correctly!), secured the funds through the sale of its WLFI tokens.
* Last month, crypto.news stated that World Free Financial had already sold over 24 billion tokens, with only about 950 million remaining for purchase.

**Mesh: $82 Million**

* Mesh finished an $82 million Series B financing round.
* The project is supported by industry giants such as Paradigm, Consensys, and Quantumlight.
* Previously known as Front Finance, Mesh has now raised a total of $120.5 million to date.

**RedotPay: $40 Million**

* Obtained $40 million in Series A financing.
* This investment is supported by Lightspeed, Galaxy, and Sequoia Capital.
* RedotPay is now developing wallet and payment solutions.

Alright, here’s the summary of the most recent capital raising activities within the digital currency sphere, emphasizing several prominent participants and up-and-coming ventures:

### Axelar Network: a $30 Million Increase

* Axelar Network quietly obtained $30 million in a current capital raising effort.
* The investment was jointly managed by Arrington Capital and Electric Capital, demonstrating considerable assurance from well-known venture firms.
* This recent round brings Axelar’s total capital to a substantial $143.75 million.

### Solv Protocol: $10 Million to Broaden Ecosystem Scope

* Solv Protocol has acquired $10 million in a private capital raising effort.
* They’re creating a marketplace that seeks to link diverse distributed ledger ecosystems.
* With this fresh capital, Solv Protocol’s total capital now amounts to $32 million. Ethereum encounters opposition at fundamental tiers amidst sustained ETF disposals

### Voltix AI: $10 Million for Solana-Based AI Framework

* Voltix AI acquired $10 million in a capital raising effort.
* BLCK Labs spearheaded the investment, displaying curiosity about their vision.
* Voltix AI is concentrating on creating AI framework specifically for the Solana distributed ledger.

### Significant Digital Currency Venture Deals Under $10 Million:

* **PoPP:** $6 million for AI-driven identity resolutions.
* **Aura:** $5.5 million seed round for an AI marketplace.
* **Captain Tsubasa: Rivals:** $5 million for a play-to-earn (P2E) game on the TON distributed ledger.
* **HOPR Token:** $4.8 million for privacy framework.
* **Templar Protocol:** $4 million for DeFi lending resolutions.
* **Arda Labs:** $3 million for real-world asset (RWA) framework.
* **M10, Obol Labs, and Rakurai:** Each obtained $3 million in capital.
* **Sogni ai:** $2 million for AI art on DePIN (Decentralized Physical Infrastructure Networks).
* **W3I Software:** $1.5 million for a stablecoin on Cardano.
* **Offline Protocol:** $1.1 million for payment framework.
* **Bubblemaps:** $800,000 acquired at a $20 million fully diluted valuation (FDV) for analytics tools.
* **Lagom Chain:** $200,000 acquired at a $4 million FDV for L1 interoperability resolutions.