In 2023, encryption financing reached 2.839 billion USD, with the infrastructure sector leading the way.

In the year 2023, there were a total of 1,178 financing events in the Crypto Assets sector, with a total financing scale of 2.839 billion USD. In terms of financing scale, the infrastructure track ranks first.

Many top investment institutions, such as a well-known venture capital firm, a trading platform laboratory, and a blockchain investment company, have prioritized the infrastructure track as a key deployment direction. Although different investment institutions have varying preferences for each track, the infrastructure track undeniably occupies a significant proportion of their investment landscape. In addition, a well-known venture capital firm also emphasizes the gaming sector; a certain investment company, a trading platform, and a certain laboratory focus on the DeFi track, while a blockchain investment company has relatively fewer investments and a more balanced number of investments in other sectors.

Here are a few potential projects worth paying attention to in the infrastructure sector:

B² Network

B² Network is an EVM-compatible Rollup based on Bitcoin zero-knowledge proof verification commitments. Rollup data and zk proof verification commitments are recorded on the Bitcoin network and are ultimately confirmed through a challenge-response mechanism. The project participated in a Bitcoin ecosystem project roadshow organized by a certain institution in 2023 and successfully secured investment. It is reported that the core members of the B² Network technology team are active members of mainstream open-source communities such as Ethereum and Bitcoin.

Recently, B² Network will upgrade from the Alpha testnet to the Haven Beta testnet. Their Odyssey mission is also underway, and users can participate through the official website.

Mind Network

Mind Network is a zero-trust layer designed to bring the next billion users and trillions of dollars to Web3. It offers security and data privacy solutions to achieve true CrossFi scale while complying with regulatory requirements and adhering to the Web3 principles of asset tokenization and personal data ownership. The project was selected for the fifth season incubation program of a certain exchange platform's lab and the BUILD program of a certain oracle project.

On June 29, 2023, Mind Network announced the completion of a $2.5 million seed round financing, with investors including several well-known investment institutions.

Omni Network

Omni is the interoperability layer of Ethereum, serving as core infrastructure to support all modular applications on Ethereum. Developers will be able to seamlessly build applications that exist throughout the Ethereum ecosystem while accessing all users and all capital. Omni was formerly the DeFi protocol Rift Finance, which provided financial services for Web3 projects.

Omni has received a funding support of 18 million USD, with investment institutions including several well-known venture capital firms. In June 2023, its test network was launched, and currently, the official has not released any news regarding the airdrop plan.

Wormhole

Wormhole is a decentralized universal messaging protocol that enables developers and users of cross-chain applications to leverage the advantages of multiple ecosystems. The project completed a $225 million funding round at a $2.5 billion valuation, with investment firms including several well-known venture capital companies, making it the largest funding round in 2023.

CESS

CESS is committed to building a blockchain-based distributed cloud storage system, effectively managing distributed resources through the use of virtualization technology, and providing customers with consistent and efficient distributed storage services. The CESS global content delivery network enables users to easily access their data anytime and anywhere.

In December 2023, CESS completed a financing round of $8 million, with investors including several well-known investment institutions. The CESS team won the championship in a Web3 hackathon organized by a certain foundation in 2021 and has passed all three milestones funded by the foundation. According to the officially published roadmap, CESS plans to conduct a token issuance in 2024. Currently, CESS has activities on a certain task platform where users can participate in the testnet phase.