Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

Gate Ventures: Disclosed total funding of approximately $1.375 billion last week

on November 3, according to Gate Ventures' weekly report, 13 financing deals were disclosed last week with a combined announced amount of approximately $1.375 billion, while 3 deals did not disclose their amounts.

Of these, 10 deals were in infrastructure and 3 were in DeFi. The $1 billion financing for prediction market platform Kalshi was the largest single transaction. The report stated that the infrastructure sector raised a total of approximately $1.36 billion.