Crypto VC Funding: Verb Technology leads with $558m raise, Satsuma follows with $217.6m
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Crypto Funding Overview: In the week of Aug. 3-9, crypto funding reached $1.46 billion across 18 projects, with significant investments in blockchain and AI technologies, highlighted by Verb Technology's $558 million raise and Ripple's $200 million acquisition of Rail for payment infrastructure expansion.
Investor Interest in AI-Blockchain Integration: Projects like Satsuma Technology and OpenMind attracted substantial funding, reflecting a growing investor appetite for innovative solutions that combine AI with blockchain technology.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
