Blockchain industry weekly financing dynamics

This week, the blockchain industry announced a total of 36 financing cases, involving an amount of approximately $605 million, covering multiple fields such as development, trading platforms, mining, protocols, DeFi, and NFTs.

Regulatory Dynamics

1. China's "14th Five-Year" Plan clearly proposes to cultivate and expand emerging digital industries such as Blockchain, and will carry out pilot demonstrations in key areas such as intelligent transportation and smart logistics.

2. French members of parliament sign a petition calling for the authorization of the French central bank to purchase Bitcoin and other cryptocurrencies.

Cryptocurrency Market

1. Bitcoin breaks through $60,000 to set a new high, with a market capitalization surpassing Tencent, reaching $1 trillion.

2. NFT artworks were sold for $69.35 million, with the buyer being the founder of the NFT fund Metapurse.

3. Canadian regulators approve CI Financial's Bitcoin ETF.

4. Simplify applies to launch stock and cryptocurrency ETFs.

5. Valkyrie applies for a new ETF that will invest in companies holding Bitcoin.

6. Ebang International plans to launch a cryptocurrency exchange by the end of March.

Mining Dynamics

1. The listed mining company Argo has completed the acquisition of 320 acres of land in Texas, USA, and plans to build a new mining site.

2. Digihost raised 25 million CAD to acquire Bitcoin mining machines.

3. Code Chain New Continent purchases $10 million worth of Bitcoin mining machines.

4. 500.com has been renamed to "Bit Mining", focusing on cryptocurrency mining business.

5. The Ninth City will purchase 10,252 Bitcoin mining machines.

Traditional Institutions Entering the Market

1. Norway's Aker-owned Seetee purchased 1,170 BTC, worth approximately $58 million.

2. Malaysia BCMG Genesis launches Bitcoin Fund.

3. Grayscale parent company DCG plans to buy $250 million in GBTC.

4. The CEO of the Invesco Group has doubled his holdings in Bitcoin.

5. MicroStrategy has purchased 262 bitcoins again, worth 15 million dollars.

6. Israeli asset management company Altshuler Shaham holds $150 million in GBTC.

7. The American clothing company RushOrderTees purchased $300,000 worth of cryptocurrency.

8. Note-taking software Roam Research invests 2% of its assets in Bitcoin.

Investment and Financing Progress

This week there were a total of 36 financing cases, involving an amount of approximately $605 million, mainly concentrated in the fields of DeFi, NFT, and trading platforms. Among them, the crypto lending platform BlockFi completed a $350 million Series D financing, with a valuation of $3 billion.