China News by Thebittimes.Com

Author | WuBlockchain According to RootData, 82 crypto VC investment projects were publicly disclosed in January 2025, reflecting a 23.4% decline from December 2024 (107 projects) and a 37.4% decrease from January 2024 (131 projects). Note: Since not all funding rounds are disclosed in the same month, these figures may be updated in the future. In terms of sector distribution, CeFi accounted for approximately 6.1% of the projects, DeFi 24.4%, NFT/GameFi 4.9%, L1/L2 17.1%, RWA/DePIN 12.2%, Tools/Wallets 18.3%, and AI 17.1%. The total crypto VC investment in January 2025 reached $776 million, representing a 3.1% increase from December 2024 ($753 million) and a 10.7% increase from January 2024 ($701 million). Among the largest funding rounds of the month, MoonPay acquired blockchain payment processor Helio for $175 million to expand its payment infrastructure and integrate Helio’s technology, enabling crypto transactions on platforms like Shopify and Discord. This marks MoonPay's larg...

Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among others. Celestia Raises $55 Million to Make Blockchain Deployment Easy Celestia, a project that aims to tackle the problem of blockchain deployment complexity, has announced it raised $55 million as part of combined Series A and Series B funding rounds. The company announced that the funding round was co-led by Bain Capital Crypto and Polychain Capital, with the participation of Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, and Jump Crypto, among others. The combined funding round was oversubscribed four times, and according to reports, gives Celestia a v...