Crypto Fundraises May 22nd - May 29th

In the week of May 29th, we found 14 rounds totaling $167.25 million, excluding those with undisclosed amounts.

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

DeFi

Num Finance, a stablecoin and transparent collateralized loan platform offering viable yields from digital assets, crypto on/off-ramps, and a 24/7 brokerage for instant international payments and low commissions, raised on May 23rd a Pre-seed round of $1.5 million from H2O Scouter Fund, Reserve, Ripio, VC3 DAO, and Matias Woloski.

Schwap, an on-chain exchange for over-the-counter (OTC) digital assets that's trustless, permissionless, and highly robust, with swapping options for NFTs, ERC-20 tokens, and other assets, raised on May 25th a Pre-Seed round of $0.5 million.