Crypto Funding Surges with Notable Investments in Web3 and DeFi
This week, the crypto funding landscape saw a surge in investments across various sectors. Three major funding rounds stood out, showcasing investor interest in web3 infrastructure, entertainment, and developer tools.
Sentora Secures $25 Million
Sentora, a DeFi platform that merges IntoTheBlock and Trident Digital, raised $25 million in a Series A round. Led by New Form Capital, this funding aims to bridge traditional finance and DeFi. Sentora offers yield strategies,risk management,and financial services,addressing regulatory and operational challenges for institutions.
T-Rex Attracts $17 Million
T-Rex, a web3 startup, secured $17 million in a pre-seed round. This platform rewards users with crypto for engaging with content on social media.Using a “proof-of-engagement” system via a browser extension, T-Rex tracks viewing behavior while maintaining user privacy.The extension is set to launch by summer’s end.
Sonic Labs Gathers $10 Million
Sonic Labs raised $10 million in a strategic round led by Galaxy.The funds will support the growth of it’s $S token and expand the Sonic blockchain ecosystem. Built on Fantom and EVM-compatible,Sonic Mainnet focuses on high speed and scalability,with plans to enhance DeFi,real-world assets,and gaming.
Other notable funding includes Fleek’s $7 million raise through a public token sale and DogeOS’s $6.9 million round led by Polychain Capital. These investments highlight the growing confidence in blockchain technology across various applications.
