One-week financing express | 20 projects have been invested, and the disclosed total financing is about 1.224 billion US dollars (7.19-7.25)
According to Odaily’s incomplete statistics, a total of 20 domestic and overseas blockchain financing incidents were announced in the week of July 19-July 25, a decrease from the previous week; promoted.
Last week, there were frequent large-scale financings. The crypto exchange FTX with the largest single investment amount received a total of more than 60 investors (persons) to participate in its $900 million B round of financing, the largest financing record in the history of entrepreneurship; in addition, the NFT market The platform OpenSea completed a US$100 million Series B financing led by A16z, with a post-investment valuation of US$1.5 billion.
The following are the specific financing events (sorted according to the announced amount):
The following are the specific financing events (sorted according to the announced amount):
Encrypted trading platform FTX announced the completion of the B-round financing of US$900 million, with the participation of more than 60 investors, including: Sequoia Capital, Softbank, Thoma Bravo, Ribbit Capital, Insight Partners, Third Point, Lightspeed Venture Partners, Altimeter , BOND, NEA, Coinbase Ventures, Willoughby Capital, 40North, Senator Investment Group, Paul Tudor Jones Family Office, Izzy Englander, Alan Howard, VanEck, Hudson River Trading, Paradigm, Sino Global Capital, Multicoin Capital, and Circle, etc. More than 60 investors participated in the investment, and the post-money valuation was as high as US$18 billion.
According to FTX, this round is strategic financing, hoping to achieve a strategic layout of cooperation with traditional market investors through financing. According to an interview with Changpeng Zhao by Forbes, Binance no longer holds FTX shares.
NFT market platform OpenSea completes $100 million in Series B financing, led by A16z
OpenSea, an NFT market platform, completed a $100 million Series B financing led by Andreessen Horowitz (a16z), with a post-investment valuation of $1.5 billion. Participating investors include Coatue, entertainment brokerage giant Creative Artists Agency (CAA) and its founder Michael Ovitz And American professional basketball player Kevin Durant and so on. According to statistics from DuneAnalytics, the turnover of OpenSea in June reached 149 million US dollars, and the transaction volume reached 210,000 pieces, both hitting record highs. In addition, the total number of OpenSea users exceeded 140,000, a month-on-month increase of 19%. According to previous news, in March this year, OpenSea completed a $23 million Series A financing, led by a16z, participated by Cultural Leadership Fund, and many angel investors such as Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant, Ben Silberman, etc. also participated in this round of investment. (CoinDesk)
Investment management platform Titan completes US$58 million in Series B financing, led by A16z
Investment management platform Titan announced the completion of $58 million in Series B financing, led by Andreessen Horowitz (A16z), followed by existing investors General Catalyst, BoxGroup and Ashton Kutcher's Sound Ventures. In addition, this round of investors also includes professional athletes and celebrities. Including Kevin Durant, Odell Beckham Jr, Jared Leto and Will Smith, A16z general partner Anish Acharya will join Titan's board of directors. After the financing, the company was valued at $450 million. The funds will be used to build out the Titan base platform, invest in the product suite, and expand the core team.
Titan, a startup that is building a retail investment management platform aimed at a new generation of "everyday investors," plans to launch its cryptocurrency product on August 3, which the company claims will be the first and only one available for investment in the U.S. An actively managed portfolio of cryptocurrency assets used by investors. (techcrunch)
Blockchain business payment company Paystand has completed a $50 million Series C financing, led by NewView Capital, followed by SoftBank’s SB Opportunity Fund and King River Capital. It is reported that Paystand is using cloud technology and the Ethereum blockchain as the engine of its Paystand banking network to achieve zero-fee B2B payments. (TechCrunch)
Magic Labs, an Ethereum-based decentralized identity verification platform, completed a US$27 million Series A financing led by Northzone, with participation from Tiger Global, Volt Capital, CoinFund, and Digital Currency Group.
Founded in 2018, Magic Labs was formerly known as Fortmatic. It is a Web3 application wallet solution provider based on Ethereum. It aims to provide identity verification technology services for Web 3.0 and Web 2.0 developers and users. Its wallet solutions have been applied to include Uniswap, TokenSets, PoolTogether and many other Ethereum applications. (CoinDesk)
Encryption venture studio Thesis completed $21 million in Series A financing, led by ParaFi Capital and Nascent, Fenbushi Capital, Polychain Capital, Draper Associates, Synthetix founder Kain Warwick, Summa (acquired by Celo) founder James Prestwich and Bison Trails (acquired by Coinbase) protocol expert Viktor Bunin and others led the round.
It is reported that Thesis is the encryption venture studio behind projects such as tBTC, and Thesis plans to launch new projects, including Web 3 wallets. (The Block)
Australia-based Virtually Human Studio (VHS) has completed a US$20 million Series A financing led by TCG, with participation from Andreessen Horowitz (a16z) and Red Beard Ventures. The funds will be used for project development and staff expansion. Virtually Human Studio was established in 2018. In 2019, it developed a blockchain-based virtual horse racing game called Zed Run. Users can buy, sell and raise virtual horses, and compete with other horses in a video game environment. Its price ranges from $130 to $45,000, and since its launch in 2019, more than $30 million in horse racing NFTs have been sold. (CoinDesk)
Recently, the blockchain technology company "Cybertino Lab" received tens of millions of US dollars in angel round financing. cast. The financing will be used for team expansion and product development.
It is reported that the first product of Cybertino Lab is the world's first online celebrity virtual goods trading platform. In the future, the core business of Cybertino Lab is to establish an account system with strong interaction, credit history, social and community attributes for users on the blockchain. (36 krypton)
Vincent, an encryption-friendly alternative asset investment search engine created by the founder of Indiegogo, has completed $6 million in financing. Jason Calacanis' LAUNCH led the investment, and investment companies 8VC and DCG participated in the investment. In December last year, Vincent completed a $2 million seed round of financing. In June, cryptocurrencies accounted for 12% of Vincent asset searches, down 4% month-on-month, dropping out of the top 5. Venture capital was the most popular at 28%, followed by real estate investing at 26%. (CoinDesk)
DeFine announced on Tuesday that it completed a US$5 million strategic round of financing, led by Huobi Ventures, electronic entertainment company Abyss, and global game development company PearlAbyss, with participation from several Asian blockchain funds, including Draper Dragon, NGC Ventures, and SevenX Ventures. It is reported that DeFine is an NFT social platform serving creators such as artists, musicians, Internet celebrities, game experts and athletes. (Cointelegraph)
Liquid mining tool Visor Finance announced the completion of a strategic financing of US$3.5 million, led by 1confirmation, with participation from Digital Currency Group, Blockchain Capital, 1kx, DeFi Alliance, Decentral Park, Electric Capital, Maven 11, Spartan, Tribe Capital and GSR. Funds will be used to develop the next phase of its active management protocol, focusing on UI and protocol upgrades, L2 deployment, two exhaustive audits, additional liquidity venues, strategic capital partners to increase TVL, and innovation to drive higher returns Tools and Strategies.
It is reported that Visor Finance is a smart vault for liquidity mining. At the same time, NFT is minted, so that liquidity mining can be carried out on multiple protocols at the same time.
FLURRY Finance, a DeFi income aggregator, received a strategic round of financing of US$3 million, with participation from AU21 Capital, GenBlock Capital, Shima Capital, CoinUnited.io, One Block, Soul Capital, and Dutch Crypto Investors. The new funds will be used to facilitate FLURRY Finance, progress and prepare for its IDO (expected in Q3 2021). In addition, these funds will promote the assets and mechanisms of FLURRY Finance to achieve cross-chain functionality, and the platform will achieve cross-chain functionality in the fourth quarter of 2021. (U. Today)
Indian blockchain-based mobility startup Drife has announced the completion of a 30x oversubscribed $2.7 million venture token funding round led by Master Ventures, GD10, AU21 Capital, Titans Ventures and FBG Capital. The company also announced the addition of key strategic advisors, including Orion Depp and Kyle Chasse of Master Ventures. The company plans to list on PAID Network’s Apollo-X Launchpad and Uniswap on August 6. Drife CEO Firdosh Sheikh said that the company has deployed carpooling and corresponding payment data on the blockchain through smart contracts, and intends to provide its services to more than 10,000 drivers in India in the next few months, and expand to internationality.
Drife is a ride-hailing app and peer-to-peer carpooling network that uses blockchain-based smart contracts to provide drivers and passengers with carpooling data and transparent payments. (prnewswire)
According to official news, CryptoArt.Ai, an Asian NFT encrypted art trading platform, announced the completion of a US$2.4 million institutional round of financing, led by DFG, Waterdrip Capital, Kirin Fund, Signum Capital, SoftBank Singapore, LD Capital, imToken Ventures, AU21, Consensus Lab, More than 20 institutions including Damo Labs and Gate.io Labs participated in the investment. It is reported that CryptoArt.Ai is an Asian decentralized NFT encrypted digital art trading platform, which integrates NFT generation, sales, auction, collection and transfer.
CACHE, a Singapore-based blockchain startup, has completed a US$1.4 million Series A round of financing at a valuation of US$17 million, led by Palisades Goldcorp. According to reports, CACHE is an asset-backed token that digitizes physical gold. (PR Web)
NFT protocol BlockArt completes $1 million Pre-seed round of financing, led by CoinFund
News NFT protocol BlockArt announced the completion of a $1 million pre-seed round of financing, led by CoinFund, with participation from Focus Labs, Metacartel Ventures, and Divergence Ventures.
According to reports, BlockArt was established in 2019 as an artistic exploration of Ethereum data visualization, and it has grown into an on-chain protocol that enables anyone to mint NFT artwork through collaborative visualization and mixing of Ethereum data. In the future, BlockArt will basically serve as a base layer for applications to build on. The first fully operational application is EthBlock.art. It is a Web3 platform that supports multi-level collaborative dialogue between creative programmers, visual artists and collectors.
BlockArt and EthBlock.art will release new versions and more permissionless tools in the coming months, allowing programmers, artists, and organizations to creatively manage on-chain data as NFTs. The BlockArt team will also expand support for its ecosystem through creative coding, Ethereum and Web3 workshops, and hackathons, and recruit more creative talents as Web3 contributors. (Business Wire)
Metaverse game DinoX completes over $1 million in financing led by DAO Maker and Magnus Capital
According to official news, Metaverse game DinoX has completed over US$1 million in financing, led by DAO Maker and Magnus Capital, with participation from Interchain Ventures, Marshland, Raptor Capital, Peech Capital, Lupa X Capital, x21, and Cinchblock. In addition, DinoX announced that it will conduct SHO on DAO Maker.
Ethereum storage layer protocol Arcana Network (XAR) announced the completion of a $375,000 seed round of financing. Investors include Balaji Srinivasan, Sandeep Nailwal, Jaynti Kanani (Polygon), Kendrick Nguyen (Republic), Santiago Santos (ParaFi Capital), Jehan Chu ( Kenetic Capital), AU21, John Lilic, Siddharth Menon (WazirX), Tamar Menteshashvili (Solana), Aniket Jindal (Biconomy), Arcanum Capital, Munjal shah and Moyukh Sen (Secureware). Funding will be used to advance to the next milestone, the launch of the Arcana testnet.
The goal of Arcana Network is to become the storage layer of Ethereum, providing a privacy stack for DApp developers on Ethereum and EVM compatible chains. Arcana Network's privacy stack provides decentralized services for authentication, identity, access management, end-to-end encryption, non-custodial private key management, and data storage.
Taker Protocol, a multi-chain NFT asset liquidity protocol, completed its seed round of financing led by Electric Capital. Other investors included Dragonfly Capital, Spartan Group, The LAO, Sfermion, Ascensive Assets, Jenny Metaverse DAO, Quantstamp and Polychain Monsters (Polkamon), etc. , the specific financing amount has not been disclosed yet. Taker Protocol plans to release the V1 version in the third quarter, including ERC721 and ERC 1155 lending, CuratorDAO governance, Taker governance, and will be compatible with Ethereum and Polygon networks.
Taker Protocol is a multi-strategy and multi-chain NFT asset liquidity protocol, which can open up the connection between NFT and DeFi by realizing the loan of NFT assets, thereby greatly increasing the liquidity of NFT assets and building a multi-dimensional financial ecosystem for new assets .
