Financing

MemeCoin and the decentralized innovation platform MemeCore have completed a token round financing, with investments from Waterdrip Capital, CatcherVC, and IBC Group

ChainCatcher news, focusing on meme coins and decentralized innovation, the blockchain platform MemeCore has completed a token round financing, with participation from Waterdrip Capital, CatcherVC, and IBC Group. This financing marks an important step for MemeCore in building its ecosystem and integrating blockchain technology with meme culture.In addition to investment, MemeCore will also engage in further collaboration with Waterdrip Capital, CatcherVC, and IBC Group to explore potential strategic partnerships. These collaborations may include ecosystem expansion plans, joint development of blockchain infrastructure, and establishing partnerships with the rich portfolio projects of the three institutions. With the professional resources and industry influence of these investment firms, MemeCore aims to enhance the utility of its ecosystem, strengthen market positioning, and drive widespread adoption in the Web3 space.MemeCore CEO Jun stated, "MemeCore is committed to creating a decentralized 'playground' that empowers the meme community and blockchain projects. The support from Waterdrip Capital, CatcherVC, and IBC Group not only recognizes our vision but also provides us with strategic guidance and industry resources to accelerate our growth. We look forward to closely collaborating with our new partners to drive meaningful innovation and create long-term value for our ecosystem."

Analyst: Historical data shows that venture capital prefers AI over cryptocurrency

ChainCatcher news, CoinDesk analyst Sam Reynolds stated that according to Pitchbook data, venture capital financing in the U.S. cryptocurrency sector was approximately $861 million in the first quarter of 2025, while the AI industry attracted nearly $20 billion, with funding still clearly leaning towards artificial intelligence. Major financing in the AI sector includes: Databricks $15.3 billion, Anthropic $2 billion, totaling 795 transactions. The largest financing in the cryptocurrency industry was Abu Dhabi MGX's investment of $2 billion in Binance, with other financings including Mesh $82 million, Bitwise $70 million, and Sygnum Bank $58 million.Historical data shows that AI financing grew from $670 million in 2011 to $36 billion in 2020, with an overall growth rate far exceeding that of the cryptocurrency sector, where in 2021, a classification adjustment briefly caused cryptocurrency financing to surpass AI. Despite the dominance of AI funding, the cryptocurrency industry still obtains funds through unique mechanisms such as airdrops, which generated a total of $700 million from the top 11 airdrops from 2020 to 2024.According to Statista data, historical data shows that venture capital has generally favored artificial intelligence (AI) over cryptocurrencies, with funding for AI and machine learning continuing to grow and expand exponentially, increasing from $670 million in 2011 to $36 billion in 2020.
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