BlockBeats news: On February 28, despite a sluggish market, crypto startups raised $883 million in new funding in February, a slight 13% decline compared to the same period last year. Among them, DeFi architect Andre Cronje’s new project, Flying Tulip, which was marketed as “never breaking below par,” secured $206 million. However, shortly after launch, FT dropped below its issuance price of $0.10 on-chain, shattering its claim of “never breaking par and principal protection.”
The social commerce platform Whop has received a $200 million investment from Tether, valuing it at $1.6 billion. Anchorage Digital, the first federally regulated digital asset bank in the U.S., has raised $100 million, raising its valuation to $4.2 billion. Stablecoins, artificial intelligence, and institutional tools are emerging as key investment focus areas for 2026.