Crypto startups raise $76M in first week of Q2

Crypto startups raised a total of $76 million in the first week of the second quarter, DL News reported. Notable projects that received funding include the layer-1 blockchain Pharos ($44 million), AI Web3 platform Oh ($7.5 million), and stablecoin card issuance infrastructure platform Kulipa ($6.2 million). The cumulative fundraising amount for this year has reached approximately $5 billion.