Crypto Fundraises August 24th - August 30th

Welcome to the Coinfeeds Weekly Fundraising Report!

In the week of August 29th, we found 6 rounds totaling $12.55 million, excluding those with undisclosed amounts.

Below is a breakdown of the number of companies that fundraised by sector:

CeFi

BitOasis is a simple platform for buying and selling over 60 cryptocurrencies in the Middle East that can be used on iOS, Android, and found in Huawei's AppGallery. The company offers a lite and a professional trading version of the platform, has 0% deposit fees for wire transfers and competitive fees for other payment methods, and supports OTC trading with 100,000 USD and above. BitOasis is currently working with Dubai's Virtual Assets Regulatory Authority on its compliance and institutional investor license. On August 25th, BitOasis raised a Private round from CoinFCX Ventures.