๐จ BREAKING: Crypto raised $4.5B in March
The halving pump is funded early.
Where smart money went (thread) โ
1/ @binance : $2B raise
โข Backed by MGX
โข Largest raise of 2024
โข Signal: All-in on global compliance
@cz_binance 's empire fights back. #BNB
2/ @NinjaTrader : $1.5B
โข Kraken-backed
โข Targets MetaTrader
โข Game-changer for traders
Trading wars intensify.
3/ @napster : $207M
โข Web3 music revival
โข Partnered with Infinite Reality
โข Aims at Spotify
MP3 pioneer turns Web3 dark horse.
4/ @moonpay : $200M
โข Galaxy Digital doubled down
โข Fiat on-ramps are critical
โข Mass adoption nears
5/ @WalrusProtocol : $140M
โข Electric Capital + Standard Crypto
โข DePIN wins quietly in 2024
โข AWS for decentralized infra
Hidden gems:
โข @RedotPay ($40M) โ Crypto Venmo
โข @Crossmint ($23.6M) โ Stripe for NFTs
โข @Utila_tech ($18M) โ Easy institutional wallets
Key takeaways:
โข VCs are back
โข Compliance plays funded (Binance/NCA)
โข Infrastructure > apps (for now)
Retweet if bullish on Q2!
Follow @Krypto_JayK for alpha threads.