Gate Ventures: Tech Stocks Drive Market Recovery, Crypto Assets and Investment Financing Recover in Sync

According to Gate Ventures' latest weekly report, signs of phased improvement are emerging at the macro level. Major stock indices have shown divergent trends but an overall upward movement, with market risk appetite recovering. Against this backdrop, the crypto market has rebounded in tandem, with BTC rising 6.6% and ETH increasing 4.7%. They also recorded net spot ETF inflows of approximately $823.7 million and $155 million respectively, indicating a strengthening return of capital. Total market capitalization increased by 5.2%, while the market cap excluding BTC and ETH grew by 2.6%, suggesting that upward momentum is beginning to spread to broader assets, albeit at a relatively moderate pace.

In terms of asset and industry dynamics, structural opportunities continue to emerge. The top 30 assets averaged a 4.2% increase. Meanwhile, progress on-chain and at the industry level is ongoing, including continued advancement in digital currency infrastructure and asset tokenization. Regarding investment and financing, 12 transactions were completed last week, with disclosed total financing of approximately $54.89 million, a sequential increase of about 31%. Capital primarily flowed into the DeFi and infrastructure sectors. Notably, JPYC completed $17.62 million in financing to advance the construction of Japanese yen stablecoin infrastructure; 3F completed a $4 million seed round, with participants including Gate Ventures. Against the backdrop of marginally improving macro conditions, investment and financing activity has picked up, with capital still focusing on long-term application scenarios and underlying capability building amidst a volatile environment.