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This week, the crypto primary market raised $220M across 18 deals. Funding was down 23.3% week over week, but deal count rose 20% — a clear sign that capital is becoming more selective, not inactive. In this episode, Semir breaks down the key shifts shaping the market: payments stayed above 50% of total funding for the second week in a row, AI/Crypto rebounded, and on-chain liquidity remained strong with ETH and SOL TVL both rising. Beyond the headlines, the bigger trend is clear: capital is moving toward payments, liquidity, yield efficiency, and real infrastructure. At SYNBO, we track the structural shifts that matter most in the primary market. #SYNBO #Crypto #Web3 #PrimaryMarket #CryptoFunding

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