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Cryptocurrency News Articles

Beam Raises $72M in Public Sale as Gaming and Infrastructure Emerge as Key Focus Areas for Crypto Fundraising

Dec 28, 2024 at 09:41 pm

In the final week of December 2024, Beam raised $72 million through a public sale. Crypto Fundraising data highlighted gaming and infrastructure as key focus areas.

Beam Raises $72M in Public Sale as Gaming and Infrastructure Emerge as Key Focus Areas for Crypto Fundraising

Beam raised $72 million in a public sale toward the end of 2024, according to data from Crypto Fundraising.

The week saw nearly $120 million in total investment, down from $400 million the previous week. Avalanche Labs led last week with a $250 million raise.

Here’s a look at the other notable investments closing out 2024.

Beam, $72 million

Over 27,000 node tokens minted

With @BuildOnBeam successfully becoming the first permissionless Avalanche L1, utilizing node sales, have they shown web3 the blueprint to L1 decentralization?

Join Avalanche Spaces 12/23 at 3p ET for the answer to this and more

Set reminder pic.twitter.com/qk5foUeaLV

ChainOpera AI, $17 million

ChainOpera AI Brings Funding to $17M to Build Blockchain L1 and AI OS for AI Agents https://t.co/1HonqmVddH

Trrue Chain, $10 million

🔥 @Trrueio receives a $10M investment commitment from GEM Digital #Trrue secures a $10M investment commitment from #GEMDigital to accelerate the development of blockchain technology with a focus on sustainability and regulatory compliance. Trrue will utilze secured funds… pic.twitter.com/InZdXviKl9

Avalon Labs, $10 million

Avalon Labs raises $10M to grow its bitcoin-based stablecoin https://t.co/8UUkKceX2R

Usual Labs, $10 million

We are pleased to announce that Usual has closed a $10M Series A funding round, led by @BinanceLabs and @KrakenVentures.

Together, we’re building the foundation for a Stablecoin Renaissance. pic.twitter.com/WlCMb2lb63

Notable crypto VC funding rounds under $10 million

This final week of 2024 showed the blockchain gaming sector’s growing importance, with Beam’s substantial public sale showing strong retail interest in gaming infrastructure.

Check out last week’s crypto VC funding data here.

News source:crypto.news

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Other articles published on Dec 29, 2024