Gate Ventures: Technology stocks drive market recovery, with crypto assets and investment financing recovering in tandem

Crypto World News reports that according to Gate Ventures’ latest weekly report, there is a phased recovery at the macro level, with major stock indices generally trending upward and market risk appetite rebounding. The crypto market has also rebounded in sync, with BTC up 6.6% and ETH up 4.7%, and net inflows into spot ETFs of approximately $823.7 million and $155 million respectively, indicating increased capital inflow. The overall market capitalization has increased by 5.2%, and excluding BTC and ETH, the market cap has grown by 2.6%, showing that the upward momentum is spreading to a broader range of assets. The top 30 assets have an average increase of 4.2%. In terms of investment and financing, 12 deals were completed last week with a total funding of approximately $54.89 million, a 31% increase week-over-week, mainly flowing into DeFi and infrastructure sectors. Among them, JPY completed $17.62 million in funding to advance the Japanese yen stablecoin infrastructure, and 3F completed a $4 million seed round, with participating investors including Gate Ventures. Against the backdrop of macroeconomic improvement, investment and financing activity has rebounded, with capital focusing on long-term application scenarios and underlying infrastructure development.