According to incomplete statistics from CoinVoice, there were more than 27 project financing cases in the blockchain field announced this week (3.18-3.22), with 7 financings worth tens of millions. Figure Markets completed a $60 million Series A round of financing, led by Jump Crypto, Pantera Capital and Lightspeed Faction, making it the largest financing event this week. Other popular projects include Ethereum L2 project Morph, gamification incentive layer protocol Kaskade Finance, Web3's leading base layer Mystiko.Network, RWA L1 blockchain MANTRA, etc. Cryptocurrency markets have been more active this week than last week. In the segmented fields, this week’s investment and financing amount is concentrated in the direction of infrastructure and Web3. The following is an overview of this week’s financing events.
Decentralized social trading protocol Bi.social completed US$3 million in financing, with participation from Web3Vision and others
According to The Block, decentralized social trading protocol Bi.social has completed $3 million in financing, with participation from Web3Vision, WAGMi Ventures and QF Capital.
It is reported that this round of financing will be used to support the continued development of the social protocol and its upcoming features.
DN404 project Asterix added multiple angel investors, and the floor price increased by 29.63% in 24 hours
DN404 project Asterix tweeted that it has added several angel investors, including Spirit DAO, Memeland CEO and founder Ray Chan, Arcane Group partner Karl, DeFiance Capital founder Arthur, Newman Capital founder Adrian, Signum Capital co-founder John Ng Pangilinan, NDV partner Christian2022.eth and other 14 investors. In addition, according to OpenSea data, the Asterix floor price is now quoted at 0.914 ETH, up 29.63% in 24 hours. 15:28
Web3 base layer – Mystiko.Network completes $18 million in seed round financing
Mystiko.Network, Web3’s leading base layer, has completed an $18 million seed round led by Sequoia Capital India/SEA (now Peak XV Partners), Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal , Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc.
Atticc Labs and its product EarlyFans complete $1.5 million in seed round financing
Atticc Labs and its product EarlyFans completed a $1.5 million seed round of financing from Alliance DAO, SNZ Holding, GSR, Zee Prime Capital, GBV Capital, ProDigital Future Fund, Alchemy Ventures, CyberConnect, Mask Network founder Suji Yan, and CyberConnect co-founder Ryan Li and Waterdrop Capital partner Jademont also participated in the investment. Other angel investors include 0xminion, angel, icebergy, naniXBT, toptickcrypto, Zeneca, and others. Funds raised will be used to launch and promote the product EarlyFans.
It is understood that EarlyFans is a SocialFi product on Blast L2, designed to help creators and early fans make money. Previously, EarlyFans won the Blast Big Bang competition.
Web3 incentive protocol MVHQ raises $1.1 million in seed round from Consensys and Polygon
Web3 application user participation incentive protocol Metaverse Headquarters (MVHQ) announced the completion of a US$1.1 million seed round of financing, led by Consensys and Polygon.
It is understood that MVHQ will further simplify and incentivize user participation in Web3 applications and promote cooperation with Blast, Magic Eden, Flow and Berachain, etc., and will also introduce protocols and incentives through tasks.
RWA L1 blockchain MANTRA completes US$11 million in financing
According to official news, MANTRA announced the completion of US$11 million in financing, led by Shorooq Partners, with participation from Three Point Capital, Forte Securities, Caladan, Virtuzone, Hex Trust, Token Bay Capital, GameFi Ventures, Mapleblock, Fuse Capital, 280 Capital and others.
It is reported that the funds are intended to be used to build compliant infrastructure, provide support to developers, and expand RWA tokenization.
American financial technology company Figure completes US$60 million in Series A financing
Figure Technologies, a US-based fintech company, today announced the formation of an independent company called Figure Markets, a "first step" in developing a single platform for investors to trade a variety of blockchain-native assets, including cryptocurrencies. , stocks and alternative investments.
Figure Markets completed a $60 million Series A round of financing led by Jump Crypto, Pantera Capital and Lightspeed Faction. Other participants include Distributed Global, Ribbit Capital and CMT Digital.
Figure said the company is also working on developing a registered, secure alternative to stablecoins for use in its ecosystem.
BTC Layer2 project AINN Layer2 received millions of dollars in financing
The BTC second-layer network public chain project AINN Layer2 announced that it has received strategic investment from a number of well-known institutions in the BTC ecosystem. Waterdrip Capital, Satoshi Lab, Foundinals Lab, Monday Capital, AlNN Labs, Bitrise Capital, Genblock Capital, exchange AscendEx and Bitmart's fund Cipholio Ventures, as well as many leading KOLs in the BTC ecosystem and partners of first-tier US dollar institutions participated This round of investment.
It is reported that AINN Layer2 is the first BTC layer two network project to support the large-scale application of Web3 AI. It aims to continue to build the infrastructure of Web3 AI and is committed to supporting the development of applications that combine Web3 and AI.
Web3 privacy infrastructure Espresso completes $28 million in Series B financing, led by a16z crypto
Web3 privacy infrastructure Espresso announced the completion of a $28 million Series B round of financing, led by a16z crypto. The new funding will be used to continue product development, expand investment in the rollup ecosystem, and expand the size of the Espresso Systems team. This latest funding will be used to continue product development, increase investment in the rollup ecosystem, and expand the size of the Espresso Systems team. .
Derivatives trading platform Kemet Trading completed US$5 million in financing, led by Further Ventures
Kemet Trading, a digital asset derivatives trading platform, announced the completion of US$5 million in financing, led by Further Ventures, with participation from Deribit, QCP, Falcon X, Flow Traders and Hyperithm. Kemet Trading currently supports the trading of digital asset options, futures and perpetual contracts, aiming to provide a single access point for institutions in the digital asset derivatives ecosystem. This round of financing will be used to increase liquidity and improve security and compliance functions.
Zero-knowledge proof infrastructure company Succinct completes US$55 million in financing, led by Paradigm
According to official news, zero-knowledge proof infrastructure company Succinct has completed a total of US$55 million in financing (including seed round and Series A), with Paradigm leading the investment. Robot Ventures, Bankless Ventures, Geometry, ZK Validator and multiple angel investors participated in the investment.
Crypto exchange Rails completes $6.2 million in seed round financing, led by Slow Ventures
Self-hosted cryptocurrency exchange Rails has announced the completion of a $6.2 million seed round led by Slow Ventures, with participation from CMCC Global, Round13 Capital and Quantstamp. Rails co-founder and CEO Satraj Bambra said that Rails uses a centralized order book to drive the execution of the best transactions, combined with a self-hosted decentralized solution on the blockchain to achieve transparent fund custody, thereby protecting the security of user funds and Gain user trust and avoid problems like FTX from happening again.
Crypto exchange Rails completes $6.2 million in seed round financing, led by Slow Ventures
Self-hosted cryptocurrency exchange Rails has announced the completion of a $6.2 million seed round led by Slow Ventures, with participation from CMCC Global, Round13 Capital and Quantstamp. Rails co-founder and CEO Satraj Bambra said that Rails uses a centralized order book to drive the execution of the best transactions, combined with a self-hosted decentralized solution on the blockchain to achieve transparent fund custody, thereby protecting the security of user funds and Gain user trust and avoid problems like FTX from happening again.
Berachain ecological transaction aggregation platform Ooga Booga completes US$1 million in financing at a valuation of US$10 million
Berachain ecological transaction aggregation platform Ooga Booga has completed US$1 million in financing at a valuation of US$10 million. Investor information and specific financing details have not been disclosed. Currently, Ooga Booga has not yet been launched on the Berachain mainnet.
Digital asset custodian Hex Trust plans a new round of financing this year
Hong Kong cryptocurrency custodian Hex Trust is looking to turn a profit and raise a new round of funding amid a recovery in the virtual asset market. Hex Trust co-founder and CEO Alessio Quaglini said that as cryptocurrency prices have surged in recent months, the company expects to be profitable this year and plans a new round of financing, but it has not yet been determined as investors remain cautious Whether it will be done in the first half of this year or the second half of this year. Hex Trust completed an $88 million Series B round of financing in March 2022, with a valuation of $300 million. Investors include Animoca Brands, Liberty City Ventures, Ripple, Terraform Labs, Morgan Creek, Primavera Venture Partners, LeadBlock Partners, and Protocol Labs and Adrian Cheng (CEO of Hong Kong real estate giant New World Development), etc.
OpenStamp trading platform receives seed funding led by Animoca Ventures
OpenStamp, a comprehensive service platform based on the STAMP protocol, received seed round financing led by Animoca Ventures, KuCoin Ventures, MH Ventures, VitalTao Capital, Lotus Capital, Brotherhood Ventures, Blue Node Capital, D64 Ventures, Luminescence Capital, Spicy Capital, Halvings Capital, SPEC Capital and YM Capital participated in the investment. OpenStamp offers a variety of products including Mint/Deploy services, SRC-20/SRC-721 marketplaces, Indexer, Explorer, and Launchpad.
Moondance Labs completes US$6 million in strategic financing
According to official news, Moondance Labs, an application chain infrastructure protocol Tanssi Network development company, announced the completion of US$6 million in strategic financing. Scytale Digital, KR1 and SNZ co-led the investment, and Arrington Capital, Borderless Capital, Hypersphere, Blockchain Founders Fund, YBB and angel investors Gavin Wood and others participated in the investment. Funds from this round will be used to expand the Moondance Labs team and further develop Tanssi. In addition, Tanssi plans to launch an incentivized testnet campaign. Previous news in May 2023, Moondance Labs announced the completion of a US$3 million seed round of financing, led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures and Jsquare.
Nebula Revelation completed a new round of financing, with participation from DWF Labs and others
Web3 space-themed game Nebula Revelation announced the completion of a new round of financing, with participation from DWF Labs, Waterdrip Capital, Central Research, Stratified Capital, CapsuleX Labs and others.
Web3 AI startup Tensorplex Labs completes $3 million in seed round financing
Web3 AI startup Tensorplex Labs announced the completion of a US$3 million seed round of financing. Canonical Crypto and Collab+Currency jointly led the investment, with participation from DCG, Quantstamp and Amber Group. The company will use the funds to develop a decentralized artificial intelligence foundation. facility. (
Korean metaverse platform Carrieverse announced the completion of a new round of financing
South Korean Yuanverse platform Carrieverse announced the completion of a new round of financing. Alpha Token Capital, a cryptocurrency venture capital company headquartered in Dubai, participated in the investment and reached a strategic investment partnership with it. The specific investment amount has not yet been disclosed.
It is reported that Alpha Token Capital will invest in the virtual asset CVTX issued by Carrieverse, which is the governance token of the Web3 gaming platform Cling. In addition, this investment is also Alpha Token Capital’s first investment in the Korean token market.
Hybrid cryptocurrency exchange GRVT completed a strategic round of financing of US$2.2 million, with participation from Selini Capital and others
Hybrid cryptocurrency exchange GRVT announced the completion of a US$2.2 million strategic round of financing, with participation from QCP Capital, Selini Capital, Antelope, Pulsar Trading and Ampersan, bringing its total financing so far to US$9.3 million. GRVT said that upon completion of this funding round, it will launch a central limit order book for perpetual contracts and options trading, as well as request for quote (RFQ) and spot trading later this year.
Decentralized trading protocol Dolomite completed strategic financing of US$900,000, with participation from Polygon and others
Arbitrum money market and decentralized trading protocol Dolomite announced the completion of US$900,000 in strategic financing, with participation from Polygon co-founder Sandeep Nailwal, Polygon Labs CEO Marc Boiron, DCF GOD, DeFi Dad and others.
Morph completes US$20 million in seed and angel round financing, led by Dragonfly Capital
Ethereum L2 Morph announced the completion of a $19 million seed round led by Dragonfly Capital, with participation from Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures and Everyrealm. In addition, Morph also received US$1 million in angel round financing. Investors include founders from projects such as Polygon, Manta, Galxe, Sei, Nansen, Story Protocol, and KOLs such as Icebergy, MoonOverlord, NaniXBT, and Dingaling. Morph plans to use this round of financing to accelerate team building, increase developer incentives, expand marketing, etc. As an Ethereum Layer 2 solution, Morph aims to provide project founders with one-stop development tools and solutions. Morph is built on three key technologies, namely decentralized sequencer, Optimistic zkEVM integration and modular design.
Asset hedging protocol Umoja completes US$4 million in seed round financing, with participation from Coinbase and others
Asset hedging protocol Umoja announced it has raised $2 million in its second seed round, with participation from Coinbase, 500 Global, Quantstamp, Blockchain Founders Fund, Orange DAO, Hyperithm, Psalion and Avalanche’s Blizzard Fund. It has completed so far Total seed funding reached $4 million. Founded by Robby Greenfield, former head of social impact at ConsenSys, Umoja aims to help users insure against investment losses like a hedge fund to ensure their financial health and introduce asset risk management into the DeFi space.
AI infrastructure startup Lumino completes $2.8 million in pre-seed round of financing
Artificial intelligence infrastructure startup Lumino announced the completion of a $2.8 million Pre-Seed round of financing, with participation from Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO and Escape Velocity.
It is reported that Lumino is a company founded by Eshan Chordia and Yogesh Darji in July 2023. It aims to solve the problem of soaring prices of a large number of computing resources required for AI model training, the monopoly of GPU resources by large enterprises, and the choice of AI builders by public cloud service providers. question.
In addition, they are building integrated hardware and software computing protocols, leveraging economic incentives to pool computing resources together, using blockchain to ensure models are trained correctly, and providing developers with an SDK so customers can start training their AI in minutes models and reduce AI computing costs by up to 80%.
Singapore’s crypto trading platform Tokenize Xchange raises US$11.5 million, with participation from Trive and others
Singapore-based crypto trading platform Tokenize Xchange announced the completion of US$11.5 million in financing, with participation from Trive and others. This brings its Series A funding round to $23 million. The platform plans to raise $33 million by the end of 2024. Tokenize plans to increase its Singapore headcount five-fold over the next 18 months, with the new funding going toward team development. The company plans to hire a large number of compliance and operations experts. Tokenize CEO Hong Qi Yu said in a statement that this is part of Tokenize’s efforts to comply with Southeast Asia’s complex regulations on digital assets.
Bitcoin DeFi development company OrangeDX raises US$1.5 million, with participation from Odiyana Ventures and others
OrangeDX, a DeFi development company on the Bitcoin chain, announced the completion of US$1.5 million in financing, with participation from GBV Capital, Odiyana Ventures, Triple Gem Capital, Nxgen, X21, Spicy Capital, Alphabit Fund, FundLand Capital, etc. It is reported that OrangeDX is a multi-faceted Bitcoin protocol platform. Its core is a native DEX aggregator. It aims to use the Bitcoin blockchain to expand trading, bridging, lending and other services, thereby further expanding the BRC-20 ecosystem, and is also committed to To cultivate new projects through the ILO mechanism.
Crypto compliance platform Keyring completes $6 million in seed round financing
London-based crypto compliance platform Keyring announced on Tuesday the completion of a $6 million seed round, led by Gumi Cryptos Capital and Greenfield Capital, with participation from Motier Ventures, Kima Ventures and others. The new financing will be used to expand its on-chain compliance platform. It is reported that Keyring aims to help financial institutional investors interact with DeFi platforms in a compliant manner and limit counterparty addresses, while also using zero-knowledge (ZK) proof technology to protect privacy and sensitive data. Most recently, the company facilitated a proof-of-concept trial with Laser Digital, the crypto arm of Japanese banking giant Nomura, by building a compliant packaged version based on USDC.
Web3 digital content verification platform Bitbrand completes US$500,000 in financing, with participation from Hustle Fund and others
Web3 digital content verification platform Bitbrand announced the completion of US$500,000 in financing, with participation from Hustle Fund, Side Door Ventures, GFR Fund, etc. It is reported that this is the first external financing for the project. Bitbrand mainly uses Web3 technology to verify digital content for fashion, art and Luxury consumers offer practicality.
Blockchain payment company Zone completed US$8.5 million in seed round financing, led by TLcom Capital and others, and participated by DCG
Blockchain payment company Zone announced the completion of an $8.5 million seed round of financing, led by Flourish Ventures and TLcom Capital, with participation from Digital Currency Group (DCG), VKAV (Verod-Kepple Africa Ventures) and Alter Global. The new financing will be used to further expand its network coverage in Africa and connect more banks and financial services companies. A significant portion of the proceeds will also be used to conduct a comprehensive pilot program to test the company’s cross-border capabilities, planned for 2025. It is reported that the company is committed to building a blockchain-based decentralized payment infrastructure for financial service providers across the African continent and beyond.
Blast ecological DeFi project Juice completes US$1 million in financing, Arthur Hayes and others
Blast ecological DeFi project Juice has completed US$1 million in financing, with participation from Arthur Hayes, DWF Ventures, Delphi Digital, etc. Juice is built based on Blast by the full-chain and Bitcoin DeFi infrastructure OMEGA team. [original link]
Cross-chain DeFi protocol Entangle completes strategic round of financing, Consensys participates in investment
According to official news, the cross-chain DeFi protocol Entangle announced the completion of a strategic round of financing, with Consensys participating. The specific amount has not yet been disclosed.
