On March 7th, several venture capitalists stated that the AI boom has reduced the flow of funds into crypto startups, with investors preferring options with visible revenue. Although crypto startups raised $128 million this week, bringing the total close to $2.5 billion, there is still a need to strengthen defensiveness and profitability models. Major funding events include significant financing rounds for ARQ, Crossover Markets, and QFEX.

Latin American financial app ARQ (formerly DolarApp) has completed $70 million in funding, planning to rebrand and expand its service offerings, including wealth management and lending services. ARQ has 2 million customers, with annual transaction volume exceeding $10 billion, providing users with multi-currency accounts and stablecoin payment systems.