Finance

This report summarizes the funding situation in the Web3 industry for February 2025. A total of 134 funding rounds were completed, amounting to $1.02 billion. Although this represents a decline compared to January, the overall trend remains stable. The CeFi sector, with its institutionalized scenarios, has become the main hub for large funding rounds, while emerging fields such as blockchain security, infrastructure, and Ordinals have also gained attention. Most funding still consists of small and medium-sized rounds, with Pre-Seed and Seed rounds accounting for more than half, indicating that early-stage projects continue to attract capital. The report also covers key funded projects, including Raise, Cygnus Finance, ResearchHub, Ethena, and Blockaid.

February 2025 was a dynamic month for blockchain and crypto, with significant events shaping the industry. Key projects like Ethereum, Metamask, SMID-96, Stackstone, and Hyperliquid saw major developments, including platform launches, service expansions, token issuances, feature rollouts, mainnet activations, fee voting, and mining activities. These advancements highlight ongoing innovation, foster technological and community growth, and provide fresh momentum for the industry’s expansion.

Gate Research: In February 2025, a series of significant events unfolded—from the U.S. government announcing new tariffs on Mexico and Canada, to an Oklahoma legislator proposing the Bitcoin Freedom Bill, and 10 companies receiving approval to issue stablecoins under the MiCA regulatory framework in the EU. These developments reflect signs of economic recovery, shifts in the regulatory landscape, and the impact of policy uncertainty on the market, providing crucial insights into the current economic climate and future trends.

Gate Research(Feb 28 - Mar 6, 2025), this report provides a comprehensive analysis of key developments in the cryptocurrency market and the broader macroeconomy. On February 28, the U.S. core PCE price index for January rose by 2.6% year-on-year, generally in line with expectations. On March 3, Trump announced an initiative to establish a U.S. crypto reserve, incorporating BTC, ETH, SOL, XRP, and ADA as core assets. On March 5, USDC became the first USD stablecoin approved for use in Japan. The White House supported repealing the crypto broker rule, potentially signaling a turning point for DeFi regulation. U.S. February ADP employment numbers unexpectedly fell to 0.077 million, falling short of expectations.

This report summarizes the on-chain data situation for Web3 in February 2025. The cryptocurrency market experienced a pullback after reaching new highs, with some holders in a loss-making position. However, despite the market correction, ecosystem development continues to progress steadily. On February 6, the Berachain mainnet was officially launched. With its Proof of Liquidity (PoL) mechanism and three-token model, it quickly became a market focal point. As the Berachain ecosystem rapidly expands, the value of the $BERA token is reflected in trading activity. It is gradually becoming the core asset of ecosystem liquidity, driving on-chain applications and user growth.

This article explores mechanisms for building decentralized credit scores using blockchain transaction history and DeFi interactions, replacing traditional centralized credit systems.

This article deeply explores the operating mechanism of Crypto Card (U Card), the current market situation and its potential risks, and explains in detail how Crypto Card solves the problem of gold withdrawal in the currency circle, analyzes the business model behind it, the emergence of market gaps, and the synergy between wallet business and Crypto Card.

This article provides an in-depth analysis of the current state and future prospects of U.S. Bitcoin reserves and sovereign wealth funds. It explores the fundamental concept of sovereign wealth funds, the background behind the establishment of new sovereign wealth funds in the U.S., and their potential strategic allocation of Bitcoin. By comparing the progress of various U.S. states and other countries in digital asset investments, the article distinguishes between sovereign wealth funds and Bitcoin strategic reserves while projecting future trends. Additionally, it examines the multiple risks associated with this strategy, including market volatility, funding sources, and cybersecurity challenges, offering readers a comprehensive and insightful perspective.

Gate Research has released its latest report, "Gate Research: February Cryptocurrency Market Review," summarizing and analyzing February's market trends, on-chain data, key events, security incidents, funding activity, and upcoming developments. This report provides deep insights into the overall performance of the crypto market and key industry trends.

This article offers an in-depth analysis of the Web3 payment landscape, covering various aspects such as comparisons with traditional payment systems, the Web3 payment ecosystem and business models, relevant regulations, key projects, and potential future developments.

The launch of the $TRUMP token triggered an unprecedented meme coin frenzy, driving the token price to soar before rapidly falling back, trapping retail investors in a speculative pit. This article outlines the full timeline of the $TRUMP token and explores the risk warnings for ordinary investors, as well as the impact of this political and financial frenzy on the crypto industry.

As a top player in the global financial markets, how will Citadel Securities' entry reshape the crypto market landscape? What opportunities and challenges will it bring? This article will explore the significance and potential impact of Citadel Securities entering the crypto market-making sector through a ten-question, ten-answer format.

This article analyzes how public blockchains attracted developers and users through infrastructure, as well as the distorted valuation logic currently present in the market. Despite public blockchains being viewed as a high-ceiling sector for long-termism, trust in the infrastructure-first model is weakening. The rise of application-specific chains signals that Web3 is gradually returning to a business model driven by real-world applications.

This report thoroughly examines the stablecoin market, providing a detailed analysis of its current state, use cases, competitive dynamics, and regulatory landscape. It covers the strengths, challenges, and future prospects of established stablecoins and emerging projects, offering valuable insights for investment decisions. The report explores how stablecoins are crucial in crypto trading, cross-border payments, and the DeFi ecosystem, and delves into their technological innovations and market potential.

Gate Research (Feb 22-27, 2025) presents a comprehensive analysis of significant developments in the cryptocurrency market and the macroeconomic landscape. On February 21, under the MiCA regulatory framework, 10 companies were approved to issue stablecoins in the EU. On February 25, the latest data from the U.S. Chamber of Commerce showed a sharp decline in the U.S. Consumer Confidence Index. On the same day, South Dakota vetoed the Bitcoin Reserve Bill. On February 26, Oklahoma's Strategic Bitcoin Reserve Bill (HB 1203) passed the House Committee and moved to the full vote stage. Also, on February 26, Hong Kong is set to release its second virtual asset policy declaration, aiming to strengthen regulation and foster innovation.