Yellow Card Tops Crypto Funding Rounds with Record $40M Raise
Crypto venture funding reached $76.4 million this week, with Yellow Card leading the pack.
According to CryptoRank data, Yellow Card secured a whopping $40 million in funding, making it the top crypto project of the past week. The platform offers stablecoin-powered payment services across 20 African jurisdictions and other advanced markets.
InvestiFi came in second with $20 million, providing investment and crypto trading opportunities for community banks and credit unions in the US.
Vangrid, a DePIN that transforms smartphones into crowdsourced networks of spatial data for physical AI, secured $9 million. JPYC, a compliant yen-pegged stablecoin issuing platform in Japan, collected $6.35 million, bringing its cumulative Series B funding to almost $38 million.