Crypto VC Funding Soars: World Leads with $135 Million Raise, Slash Scores $41 Million

The crypto funding landscape experienced significant activity between May 18-24, generating a total of $307.5 million in investment. The most notable raise came from World Foundation, which secured $135 million from prominent players like a16z crypto, Bain Capital Crypto, and Selini. World’s funding will be directed towards expanding its iris-based identity network, World ID. 💰