Crypto Startup Funding and Acquisitions of the Month

By Novasky | DevPress | 28 Nov 2024


Month is about to end and the funding rounds were raised the whole months by variety of new and old startups. And some of those startups also made decent money. And that help in the raising of the funds have helped overall growth too. So here's something you should consider that a lot of new crypto startup can get sold too, considering sometimes selling to another brand is the right way to deal with for startup owners. 

Let's talk about it. 

Paxos has acquired the finish crypto company named Membrane finance and this company helped them with the acquisition of yet another company in the stablecoin space. This startup is licensed in the finland and the EU. 

Valentis Labs has raised the funding round of the 7.2M too which would be done for the valentis modular exchange. And this can be another good funding round in the crypto space with very high amount being added to the company. Modular exchange working in the stablecoin space has attracted the funding. 

OpenLayer is another company that has raised the 5M round, the company works as a AI data layer and it would be a good company to invest into for the investors who work in the blockchain space with the data as a service for interoperability and the portability. 

I find these startup funding rounds and the acquisitions good for the crypto industry. And overall I would say this is going to bring more funds into the tokens and the blockchain world too. Let's hope decentralized world with startups would add more value to the table. 

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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