One-week financing express | 43 projects have been invested; the total disclosed financing is about 479 million US dollars (12.20-12.26)
According to Odaily’s incomplete statistics, a total of 43 domestic and overseas blockchain financing incidents were announced in the week of December 20-December 26, a slight decrease from last week; The data dropped significantly.
The main reason for the sharp drop in the total amount of financing is that the number and amount of financing events worth hundreds of millions of dollars have decreased in the past week. Only one, the pledge service provider Figment, completed the C round of 110 million US dollars at a valuation of 1.4 billion US dollars. financing. Another 8 companies have completed tens of millions of financing, namely the financial technology startup Tap Send ($65 million), the cross-chain bridge protocol Multichain ($60 million), the payment solution provider CHAI ($45 million), NFT and Metaverse project rendering tool Render Network ($30 million), smart manufacturing company Tanglang Huishi Technology Co., Ltd. ($21.65 million/138 million yuan), NFT mortgage lending platform Arcade ($15 million), and Polkadot blockchain framework support Smart contract layer Gear Technologies ($1,200) and Metaverse infrastructure Fengha Technology (tens of tens of millions of financing). In addition, the financing amount of other projects is less than 10 million US dollars.
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
Pledge service provider Figment completed a $110 million Series C round of financing at a valuation of $1.4 billion. Thoma Bravo led the round, and Morgan Stanley's Counterpoint Global, ParaFi Capital, Avon Ventures, Binance, Bitstamp, and Binance.US participated. The new funding will be used to add support for more PoS blockchain staking and to hire more developers.
It is reported that Figment's monthly revenue is about 10 million U.S. dollars, and it is expected to reach about 100 million U.S. dollars in revenue this year. Figment runs validators on more than 50 blockchains and manages $7.5 billion in assets. The company takes a cut of all staking revenue generated. (The Block)
Finance startup Tap Send completes $65 million Series B financing led by Spark Capital
Tap Send, the fintech startup behind the remittance app, said it has raised $65 million in Series B funding. This round of financing was led by Spark Capital, with participation from Unbound, Reid Hoffman, Canaan Partners, Slow Ventures, Breyer Capital, Wamda Capital, and Flourish Ventures. According to Tap Send, the funds raised will be used to build a cheap and fast cross-border remittance platform to send money to the most neglected countries in Africa and Asia. According to Pitchbook data, after the latest round of financing, Tap Send has raised a total of more than 80 million US dollars, with a valuation of 715 million US dollars. (bitcoin)
Cross-chain bridge protocol Multichain completes $60 million financing, led by Binance Labs
Cross-chain bridge protocol Multichain (formerly AnySwap) completes $60 million in financing, led by Binance Labs, Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures, HashKey, etc. Participate in voting. This round of financing will be used to support the Multichain ecosystem and its internal teams, including R&D, auditing and services.
Binance Labs said that in addition to financing support, Multichain has also established a partnership with BSC, which will help promote Multichain and support Multichain cross-chain bToken bridging.
Singaporean payment solutions provider CHAI received US$45 million in Series B+ financing, co-led by SoftBank Ventures Asia and Nyca Partners, with participation from KT Investment, Conductive Ventures, Nordstar Capital and Samsung Next. CHAI will use the fresh funds to expand its Southeast Asian market and develop a "fully automated end-to-end payment infrastructure" for digital merchants across Asia. (36 krypton)
Render Network completes $30 million financing led by Multicoin Capital
Render Network, an encryption startup that provides rendering tools for NFT and Metaverse projects, has completed a token round of financing of US$30 million, led by Multicoin Capital, with participation from Alameda Research, Solana Foundation, Sfermion, and angel investors Vinny Lingham and Bill Lee. This is Render Network’s first funding round since its founding in 2017.
Render Network and Otoy already handle rendering for artists like Beeple and Pak, according to Render Network founder Jules Urbach.
The network is currently based on Ethereum and Polygon, and is integrating support for Solana and Metaplex. A Render marketplace will also be built on Solana, Urbach said, enabling “a one-click frictionless purchase process for NFTs, 3D assets, and services built using the Render Network.” The project hopes to double its team size and expand its community.
Urbach said the network is also developing a new decentralization plan that will outline its strategy for the next three years. "The goal of the initiative is to put users and the community in full control of the future of the web through Web3 incentives and a novel governance structure." (The Block)
Smart manufacturing company Mantis Huishi Technology Co., Ltd. has received 138 million yuan in Series A financing. Its parent company, Israel Mantis Vision, is the first global technology pioneer in the field of 3D structured light to focus on Israeli defense projects, and has completed the development of 3D technology software and hardware, and the implementation of 3D studios. In the future, the company will carry out content production of 3D holographic images, which is the visualization of the metaverse, to speed up the scientific research of the underlying technology, and to accelerate the application innovation of 3D images "from 0 to 1".
With the Metaverse as the port, Mantis Vision will realize the upgrade of core technologies related to VR/AR holographic digital acquisition (volume video), such as hardware, optics, and algorithms, and attract more industry-university-research cooperation in the field of derivative science and technology innovation. (Shanghai Putuo)
NFT mortgage lending platform Arcade announced the completion of $15 million in Series A financing, led by Pantera Capital, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital, Lemniscap, BlockFi CEO Zac Prince , Quantstamp CEO Richard Ma and others participated in the investment.
Arcade co-founder Robert Masiello said the funding is an equity round that will help Arcade expand its team, launch the platform publicly and attract more users. Arcade is currently available in private beta and will be available to the public early in the first quarter of next year. Arcade currently supports Ethereum-based NFTs as collateral for loans on all ERC-20 tokens, with other blockchains and layer-2 networks being explored for support in 2022. (The Block)
Gear Technologies, a smart contract layer that supports the Polkadot blockchain framework, completed a $12 million round of financing led by Blockchange, with participation from Three Arrows Capital, Lemniscap, Distributed Global, and Polkadot founder Gavin Wood.
It is reported that the goal of Gear is to provide a fast track for the development of smart contracts in the Polkadot ecosystem. It is expected to launch the test network in early 2022 and go online in the second half of the year. (CoinDesk)
Xunfengha Technology has recently completed the A-round financing of tens of millions, with a valuation of over 100 million, and the investor is Huiyin Group. Beeha Technology focuses on building metaverse infrastructure, and its multi-chain aggregation application Zhouhe, digital collection platform full-chain Bee BlockBzz, alliance chain BEVIOS and other products use blockchain technology to empower Web3.0 social interaction and confirmation , consumption, e-commerce, games and other scenarios.
On December 23, DeSyn Protocol announced the completion of the second round of financing worth millions of dollars. Investors include trading platform funds OKEx Blockdream Ventures, MEXC, Mirana Ventures, Bibox; public chain TRON; investment institutions LD Capital, Spark Digital Capital , Mentha Partners, Kosmos Ventures, Asymmetries Technologies, PAKA, Outliers Fund, CoinSummer, Consensus Lab, AZDAG, LucidBlue Ventures, Ticker Capital; other institutions TokenInsight Research, CatcherVC; first-round investors EVG, TKX, Lancer Capital also participated in this round financing.
It is reported that investors will cooperate with DeSyn Agreement in the creation, management, distribution and other aspects of ETF business. In addition, the DeSyn protocol will open testnet invitations on December 24, 2021.
It is reported that the DeSyn protocol is a DeFi protocol that allows users to create and trade pool-based assets, such as ETFs/portfolios, leveraged assets, etc., through smart contracts. Other features include multi-asset liquidity pools, AMMs, and more.
News Astra Protocol completed USD 9 million token financing, Fundamental Labs, Faculty, Republic, DAOMaker, Richard Dai and others participated in the investment.
Astra's plans focus on providing a fully decentralized compliance layer for DeFi smart contracts that provides AML and KYC capabilities. Additionally, with the help of a legal firm, a compliance layer can help eliminate actual compliance issues. (Invezz)
SPACE Metaverse raises $7 million, Dapper Labs, Animoca Brands participate
SPACE Metaverse, a virtual art and commercial world, completed a financing of US$7 million. Dapper Labs, CoinFund, Animoca Brands, Digital Currency Group (DCG), LD Capital, Hof Capital, etc. participated in the investment. The funds will be used to build and connect various metaverses to a parallel society, and to "build the economic backbone of the metaverse."
SPACE said it has launched an early access alpha version and has more than 10,000 users. (CoinDesk)
Interlay, a cross-chain interoperability project, completes $6.5 million in financing, led by DFG
Interlay, a cross-chain interoperability project based on Polkadot, completed a financing of US$6.5 million. DFG led the investment, and IOSG, KR1, Hypersphere, Nexo Finance, D1 Ventures and Signum Capital participated in the investment.
The project hopes to launch tokenized bitcoin on Polkadot and later expand its offering to other layer-one blockchains. The team also hopes to launch a Polkadot parachain focused on Bitcoin DeFi.
Interlay will participate in the second batch of parachain slot auctions that Polkadot will start on December 23. If winning the auction, Interlay will work on integrating interBTC with DeFi projects that already have parachains such as Acala and Moonbeam. Its subsequent roadmap includes plans to launch on other networks such as Ethereum, Cosmos, Solana, and Avalanche. (Cryptobriefing)
Atlas DEX, a cross-chain decentralized exchange aggregator based on Solana, announced the completion of $6 million in financing, led by Jump Capital, Huobi Ventures, Genesis Block Ventures, Solidity Ventures, Genblock Capital, 3Commas Capital, Solar Eco Fund, Momentum 6, GSR , 0xVentures, Bixin Ventures, AU21, Paramount Capital, etc. participated in the investment. (Crypto Briefing)
Indian short video sharing app Chingari raises $6 million
Recently, Indian short video sharing app Chingari raised $6 million on the SolRazr platform through the platform token GARI. It is reported that GARI is deployed on the Solana chain. Chingari is the first social platform in India to launch its own encrypted token. Currently, Chingari has more than 32 million daily active users and is the number one social media app on Google Play India. (coinquora)
MADworld Announces $6 Million Funding Led by Animoca Brands
News MADworld announced the completion of $6 million in financing and will launch the NFT platform. The round was led by Animoca Brands, with participation from Master Ventures, SMO Capital, Libra Capital Ventures, Chiron Partners, Lotus Asset, AC Ventures, ZBS Capital, Redline DAO, PANONY, AVATAR, etc.; Asian team from Avalanche Foundation and Partners from Hive Ventures Wait for management.
MADworld stated that these resources will be allocated to the development, launch and operation of all digital platforms within MADworld, including the Multiverse Artist Defender NFT Marketplace and NFT Origination Platform, which are expected to launch in the first quarter of 2022. MADworld is developing these platforms together with creators to protect creators' intellectual property by helping them create and distribute NFTs on their own terms.
DOGAMÍ, a Tezos-based Play-to-Earn NFT game project, completed a $6 million Pre-Seed round of financing, with participation from Ubisoft, Animoca Brands, The Sandbox co-founder, XAnge, Blockchain Founder Fund, Ghaf Capital, and Draper Goren Holm cast. The new funding will be used to help build the future of pet ownership 3.0 and the role of blockchain technology in these processes.
According to reports, players who enter Petaverse will train and play with more than 300 DOGAMÍ breeds. Each variety has its own characteristics and will provide a different user experience. Interaction between the player and the virtual pet is achieved through an augmented reality mobile application.
Players who interact with the Petaverse will earn DOGA tokens as they complete various tasks. The token can be used to buy consumables, build a digital wardrobe, buy tickets to virtual events, collect badges and grow DOGAMÍ. In addition, DOGA will be traded through centralized and decentralized exchanges on the secondary market. (Cointelegraph)
Socean Finance completes USD 5.75 million seed round financing led by Dragonfly Capital
According to official news, Socean Finance, the Solana ecological decentralized algorithm pledge pool agreement, announced the completion of a seed round of financing of 5.75 million US dollars, led by Dragonfly Capital, CMS Holdings, Defiance Capital, Foundation Capital, Genblock Capital, Infinite Capital, Jump Capital, Marin Digital Ventures , MGNR, Ratio, ROK Capital, Sequoia India, Solana Ventures and Valhalla Capital participated.
Additionally, some of the angel investors participating in the round include Julian Koh (Ribbon Finance), Francesco Agosti (Phantom), James Moreau (Jet Protocol), Cindy Leow (Drift Protocol), James Simpson (mStable), SOLBig Brain and Cozomo de 'Medici.
The new financing will be used to recruit senior talent, improve the utility and composability of the core staking pool product, and build new products.
Port Finance Completes $5.3M Series A Funding Led by Alameda Research
Port Finance, the Solana ecological lending agreement, completed a US$5.3 million Series A financing, led by Alameda Research, and participated by Spartan Capital, Brevan Howard, and a41.
According to previous reports, in July this year, Port Finance announced the completion of a seed round of financing of approximately US$1 million, led by Jump Capital, with participation from Rarestone Capital, GSR Markets, Valhalla Capital, and founders from Mercurial Finance, Raydium, Solanium, and DeFi Alliance .
Game developer Mystic Moose completes $5 million seed round led by Animoca Brands
According to official news, independent game developer Mystic Moose announced the completion of a $5 million seed round of financing and the release of the metaverse platform Planet Mojo. This round of financing was led by Animoca Brands, with participation from Courtside Ventures, Republic Crypto, Alameda, AU21, Sfermion, Polygon Studios, Collab+Currency, Sky Vision Capital, Spartan Capital, HyperEdge, Momentum6, and Fourth Revolution Capital. The new financing will be used to further develop Planet Mojo.
According to reports, Planet Mojo is a mysterious new alien world that players can explore and compete in a series of interconnected games, the first game launched is "Auto Chess". Planet Mojo features PvP and P2E mechanics, will also use augmented reality elements, and has a charity environmental component.
In addition, Planet Mojo will release a set of 10,000 generated 3D animation NFT "Mojos" in the first quarter of 2022. These "Mojos" can be used directly in the game and provide other benefits to early users.
According to official news, the GameFi project StarSharks (SSS) has completed $4.8 million in private placement financing, Binance Labs, DAO Maker, LD Capital, Redline DAO, Jsquare, Everest Ventures Group, Gate.io Labs, Kucoin Labs, YBB Foundation, NGC Ventures , Infinity Ventures Crypto, YGGSEA, 3 Commas Capital and more than 30 investment institutions and many individual investors participated in the investment. This round of financing will be used for new game development and community ecological development.
Previously, Binance Labs had made a strategic investment in StarSharks. StarSharks is a 3D NFT game platform with the ocean world as the background. In the future, StarSharks will be committed to building a community-driven shark metaverse.
On December 22, MetaMall announced a seed round financing of US$4.6 million, led by 316VC, MarsVC, WLI Capital, BullPerks, HVS Ventures, and CCK Ventures. The amount of this round of financing will be used to expand the size of the technology and marketing team, and cooperate with technology platforms and designers to create a retail and gaming experience-based metaverse. It is reported that MetaMall is deployed on the Solana network and has a cross-chain compatible wallet. It is a VR shopping and lifestyle experience area. (bitcoinist)
On December 23, Jupitice announced that it has raised USD 4 million in its Pre-A round of financing, led by Almas Capital Limited. Founded by Raman Aggarwal, Jupitice designs and develops a judicial technology platform powered by artificial intelligence/machine learning and blockchain. Funds raised will be used for product development and global marketing. (economic times)
PlayerOne raises $3.2 million, SIG, The Ninth City, GameFi Labs participate
Metaverse sandbox game platform PlayerOne announced the completion of an angel round investment of US$3.2 million, with participation from SIG, The9 (The9) and GameFi Labs. This round of financing will help PlayerOne speed up platform development and comprehensively enhance user experience.
It is reported that PlayerOne is headquartered in Singapore, and its core components include creative tools, social scenes, trading markets and Play-to-Earn.
News NFT fighting game Crypto Fight Club (CFC) completed a seed round of financing of 2.775 million US dollars, Shima Capital, GenBlock Ventures, D12, AU21, x21, Everse Capital, The Ring, etc. participated in the investment. (NewsBTC)
According to official news, Credix announced the completion of a $2.5 million seed round of financing, led by DRW Cumberland and ParaFi Capital, with participation from Transfero Swiss BRZ Solana Ecosystem Fund, Solana Ventures, Parrot Finance, MGNR, Mercurial, Petron Capital, and Fuse Capital.
According to reports, Credix is committed to building a bridge between decentralized finance and real-world assets, focusing on providing unsecured loans for emerging markets.
BetaMars completed a $2.5 million seed round of financing, funded by Pluto Capital
On December 26, Pluto Capital, a Singapore-based blockchain venture capital provider, announced that it has completed a $2.5 million seed round investment in BetaMars. The two parties will jointly explore the future world of mankind and expand the Metaverse. BetaMars is a metaverse game with the theme of "Migration to Mars".
It is reported that Pluto Capital has raised $30 million in encryption funds, which will be used for seed funding and incubation of early blockchain projects. The core team members of Pluto Capital come from financial institutions such as Goldman Sachs and Softbank, and have invested in Binance, Bitmain, Polkadot, Bybit, etc. in the early stage. (asiaone)
DeFi protocol B.Protocol announced the completion of a $2.2 million seed round of financing, led by 1kx, with participation from Spartan Group, Robot Ventures, and Primitive Ventures. (CoinDesk)
Cowboy Snake, an interactive survival P2E chain game, announced the completion of a US$2.1 million seed round and private equity round of financing. Investors include AKA Ventures, Axia8 Ventures, ARC Capital, BAS Ventures, Blockbeats, Clovers Ventures, CMC Community, CoinF, CoinLab, Coins Group, Crypto Holic, Crypto Space, DareNFT, DD Community, DoraHacks Ventures, DTS, Kiwi Group, Krypital Group, MEXC, MoniHub, Onus (Jade Labs), OrenCT Ventures, The Leak Capital, Thuan Capital, TienThuatToan Capital, UFIN. (Yahoo Finance)
According to official news, GhostMarket, a cross-chain NFT market, announced the completion of US$2 million in strategic and private equity financing, with participation from MEXC Global, Dragon Roark, ZBS Capital, NEO Global Development, Aza Group, and Scorpio VC.
It is reported that GhostMarket currently supports Phantasma Chain, Binance Smart Chain, Neo N3, Polygon and Avalanche, and plans to fully integrate Ethereum and Solana in the first quarter of 2022.
Fintech firm Paylend raises $2 million, with participation from Next Chymia Consulting
Paylend, a Kenyan financial technology startup, announced that it has received US$2 million in seed funding from Next Chymia Consulting HK Limited. It is reported that Next Chymia Consulting HK Limited is an Asian company that provides blockchain applications, consulting services and training to global entities.
Founded in September 2019, Paylend has digitized more than 10,000 SMEs, and its users have access to a range of services, including access to credit for products and services and crowdfunding tools. The financing will help Paylend expand its presence in the Kenyan market and develop new markets in Tanzania, Zambia and Nigeria as part of its growth plan over the next three years. (Africa Business Communities)
Talent Protocol, a Web3 platform and talent technology start-up company, announced the completion of 1.5 million euros in financing, with participation from Protocol Labs, Good News Ventures and Flori Ventures.
It is understood that Talent Protocol is a Web3 platform established in May 2021. Users can launch personal tokens on the platform, and employers can invest and hire talents by purchasing personal tokens. (EU-Startups)
According to official news, the game guild Cosmic Guild completed a $1.5 million seed round of financing, led by Binance Labs, with participation from DeFiance Capital, Alameda Research, and Play Ventures. The funds will be used to expand the Cosmic Guild's portfolio of NFT and digital game assets, providing more opportunities for Cosmic's community of gamers.
Web3 Project Dojima Network Raises $1 Million, ArkStream Capital Participates
Dojima Network, a Web3 project, announced the completion of $1 million in financing. ArkStream Capital, Momentum6 VC, Kyber Ventures, Signum Capital, CMS Holdings, Quantstamp CEO (Richard Ma), AngelDAO, AU21 (Kenzi Wang), and CryptoCaliber participated in the investment.
News Algorand's ecological creative GameFi and cultural IP NFT project Polynize completed a $1 million seed round of financing. This round of financing was led by Borderless Capital, with participation from Elves Long Term Capital (ELTC), MEXC, and Cognitive Capital. Some traditional large-scale PE capital individuals in Europe and the United States participated in the investment as angel investors.
The Polynize team has experience in creating globally successful commercial IPs in the fields of music, software and media, and is willing to use games to make innovation easier to succeed in every industry and give higher scalability. Polynize transplants profitable offline businesses to the blockchain - builds and verifies a simulation creative game system that can cover global users, and generates tangible intellectual property rights.
On December 20th, Debond, a decentralized bond ecological platform, announced the completion of a seed round of financing of US$500,000, with a post-investment valuation of US$12.5 million. This round of financing was led by Bixin Ventures, with participation from eight institutions including Facebook, early supporters of Airbnb, Wave Capital, Exnetwork Capital, Lotus Capital, Spark Digital Capital, CollinStar Capital, and HOT DAO (Hotlabs).
"The seed round of financing will be used for the further improvement and expansion of the team, as well as the continuous development of products. We will create a decentralized bond and derivatives ecosystem based on the original ERC-3475 standard, so that everyone can have no technical barriers Release tailor-made bonds and derivatives products in a timely manner,” said the relevant person in charge of the Debond project.
The development of the Debond project is also in progress, and the core development work is nearing completion. Next, the project will successively start private placement A round, private placement B round and IDO financing, and realize its governance token DBGT to be launched on the leading centralized exchange and DEX platform.
Debond is not only a decentralized bond protocol developed based on the ERC-3475 standard, but also a decentralized bond ecological platform covering decentralized bond exchanges (DEX), ERC-3475 wallets, visual bonds and bond derivatives creation tools, It aims to allow any institution or individual to design their own bond products for fundraising through a visual programming interface with a very low technical threshold, so as to complete the important puzzle of decentralized bonds for the DeFi market.
Official news, Web 3 infrastructure RSS3 announced the completion of a new round of financing, CoinShares Ventures, Coinbase Ventures, Dragonfly Capital, Mask Network, HashKey Group, Fabric Ventures jointly led the investment, Arweave, Dapper Labs, Avalanche Asia Star Fund, Youbi Capital, Headline VC, Formless Capital, imToken Ventures, Balaji Srinivasan, The Jiho, Miss ₿itcoin and other institutional and individual investors participated in the investment. RSS3 is dedicated to realizing the vision of platform-free media and applications.
SolanaFM completes angel round financing led by Coinhako and Etherscan Ventures
According to official news, SolanaFM, the Solana indexer, announced the completion of an angel round of financing, led by Coinhako and Etherscan Ventures. The new financing will be used to accelerate the product development of SolanaFM, and the specific investment amount was not disclosed.
It is reported that SolanaFM is an indexer for the Solana blockchain, dedicated to helping users collect and process data efficiently. It provides easy access to data within the Solana network, with full Solana historical data, to create fast and scalable applications, or simply to simplify indexing and querying services. The indexer also provides a dynamic API that provides greater flexibility in retrieving multiple chunks of data, and with an integrated GraphQL layer, data can be better visualized on front-end dashboards.
Avalanche Ecosystem Accelerator Colony Strategically Invests in DeFi Insurance Protocol Degis
Avalanche ecosystem accelerator Colony has recently reached a cooperation with the DeFi insurance agreement Degis, becoming its strategic investor.
On December 22, Singapore-based blockchain venture capital firm Signum Capital announced that it had invested an undisclosed amount in Indonesia-based encrypted asset exchange Tokocrypto. It is reported that the focus of the investment is Toko Token (TKO) and the construction of the ecosystem. (techinasia)
VinaCapital Ventures announces investment in Hub Global JSC, a blockchain ecosystem platform
VinaCapital Ventures, the technology investment platform of VinaCapital Group, announced that it has invested in Hub Global JSC, a blockchain ecosystem platform. Hub Global JSC is focused on supporting the development of promising Vietnamese start-ups creating blockchain solutions across a range of verticals.
The deal makes VinaCapital Ventures Hub Global's largest strategic shareholder and helps it gain a seat on the board.
It is reported that Hub Global JSC focuses on three key areas: incubator/accelerator, blockchain community and sandbox, and a blockchain investment fund supported by 10 limited partners and several well-known entrepreneurs. (Vietnam+)
Chain game Tap Fantasy received strategic investment from NGC Ventures
MMORPG chain game Tap Fantasy announced that it has received strategic investment from NGC Ventures.
Binance Labs Invests in Metaverse Game BinaryX
Binance Labs, the venture capital and innovation incubation arm of Binance, has invested in BinaryX. "CyberDragon" developed by BinaryX is a metaverse chain game that integrates DeFi, NFT and encrypted economic elements.
Users can mine in the CyberDragon game, experience dungeon adventures, PvP games, and trade land and castle NFTs on the market. Contributions from Binance Labs will accelerate the development of the game.
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