From August 3 to 9, the cryptocurrency sector saw a strong flow of investments, reaching a total of $1.46 billion across 18 projects. Institutional investors injected significant amounts into areas such as blockchain, artificial intelligence (AI), and payment infrastructure.
The highlight of the week was Verb Technology, one of the leading projects in the TON ecosystem. Another notable event was Ripple's acquisition of Rail for $200 million, aiming to expand its payment network connecting fiat currencies to stablecoins.
In addition, the convergence between AI and blockchain caught the attention of investors, with companies like Satsuma Technology and OpenMind receiving substantial funding. This indicates a growing interest in crypto infrastructures and next-generation applications.
Weekly Highlights:
* Ripple acquires Rail: Ripple bought Rail for $200 million, intending to strengthen its global payment infrastructure. Rail is responsible for over 10% of the B2B stablecoin volume, and now, with Ripple's support, it aims to scale even more rapidly.
* OpenMind raises $20 million: The company, which combines AI and blockchain, announced a $20 million funding round led by Pantera Capital, reinforcing its vision of an open future for artificial intelligence.
* Strategic partnership with InveniamIO: A collaboration was formed with InveniamIO, a leader in decentralized data infrastructure for private market assets. The goal is to build a global ecosystem for real-world assets, focusing on the United Arab Emirates.
This information was analyzed and disclosed by the Crypto Fundraising website.
