One-week financing express | 49 projects have been invested; the total disclosed financing is about 1.162 billion US dollars (1.17-1.23)
According to Odaily’s incomplete statistics, a total of 49 blockchain financing incidents at home and abroad were announced in the week of January 17th to January 23rd, a certain increase from last week; The data has grown significantly.
Last week, there were four projects that raised more than US$100 million, namely NFT track giant Animoca Brands ($358 million), sports and entertainment NFT platform Autograph ($170 million), and encrypted IRA platform iTrustCapital ($125 million). , Cryptocurrency exchange Rain Financial ($110 million).
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):
Animoca Brands Closes $358M Funding Led by Liberty City Ventures
Animoca Brands announced the completion of financing of US$358,888,888, with a pre-financing valuation of US$5 billion. The round was led by Liberty City Ventures, with participation from 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident, Senator Investment Group, Sequoia China, Smile Group, Stable Asset Management, Soros Fund Management, Wildcat Capital Management, Winklevoss Capital, etc. participated in the investment.
The new capital will be used to continue funding strategic acquisitions and investments, product development and licensing of popular intellectual property.
It is reported that during 2021, Animoca Brands raised a total of US$216.28 million to promote its vision of digital property rights and an open metaverse; its subsidiary The Sandbox completed a US$93 million Series B round of financing in November 2021.
Autograph, a sports and entertainment NFT platform founded by American football player Tom Brady, announced the completion of $170 million in Series B financing, led by Andreessen Horowitz (a16z) and venture capital firm Kleiner Perkins, 01A, Nicole Quinn of Lightspeed Partner and former a16z executive Katie Haun et al participated in the vote.
Haun will join the Autograph board alongside Arianna Simpson, general partner at a16z, and Ilya Fushman, partner at Kleiner Perkins. Current Autograph board members include Autograph co-founders Richard Rosenblatt and Tom Brady, The Weeknd's Abel Tesfaye and Sam Bankman-Fried, among others. (The Block)
iTrustCapital Completes $125 Million Financing Led by Left Lane Capital
The encrypted IRA platform iTrustCapital has completed a round of financing of 125 million U.S. dollars at a valuation of more than 3.1 billion U.S. dollars, led by Left Lane Capital, and other specific financing information has not yet been disclosed. Funds from this round of financing will be used to develop new products, such as staking governance tokens, and explore more acquisition opportunities.
iTrustCapital is a platform that allows users to purchase cryptocurrencies through Individual Retirement Accounts (IRAs), and its custody partners are Coinbase Custody and Fireblocks.
Since its launch, the platform has created more than 120,000 new accounts and has more than 25,000 monthly active users, said Kevin Maloney, senior vice president at iTrustCapital. (The Block)
Rain Financial, a cryptocurrency exchange located in the Kingdom of Bahrain (a country in West Asia), announced the completion of a $110 million Series B round of financing, led by Paradigm and Kleiner Perkins, with participation from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO, and CMT Digital.
This round of financing will be used to pursue licensing in more countries, enhance its technology platform and expand its team.
Earlier news, Rain Financial announced the completion of a $6 million Series A round of financing, led by Middle East Venture Partners (MEVP), with participation from Coinbase, Vision Ventures, CMT Digital, Abdul Latif Jameel Fintech Ventures and DIFC. (CoinDesk)
Decentralized index protocol The Graph raises $50 million led by Tiger Global
The decentralized index protocol The Graph announced that it has completed a $50 million financing through the sale of tokens. Tiger Global led the investment, and FinTech Collective, Fenbushi Capital, Reciprocal Ventures, and Blockwall Digital Assets Fund participated in the investment.
According to Bloomberg, the new financing will be used to acquire other developers and expand in Asia and Europe.
According to reports, The Graph supports index data from 26 different blockchain networks, including Ethereum, NEAR, Arbitrium, Optimism, Polygon, Avalanche, Celo, Fantom, Moonbeam, and IPFS. So far, The Graph’s subgraphs have been used by Uniswap, Synthetix, KnownOrigin, Gnosis, Balancer, Livepeer, DAOstack, Audius, and Decentraland, according to a press release. (CoinDesk)
Metaplex Closes $46M Funding Led by Multicoin Capital and Jump Crypto
The Metaplex Foundation completed a $46 million strategic round of financing to expand support for NFT, games, and metaverse applications. This round of financing was led by Multicoin Capital and Jump Crypto, with participation from Solana Ventures, Alameda Research, Animoca Brands, basketball star Michael Jordan and NFT collector Cozomo de' Medici.
It is reported that Metaplex is a permissionless protocol that helps users create and deploy NFTs on Solana. To date, it has been used to create over 5.7 million NFTs for 85,000 projects.
The Metaplex Foundation said it will use the funds raised to provide grants to support ecosystem development. The foundation also plans to prioritize supporting Metaverse and game applications in 2022. (Cryptobriefing)
Digital asset trading company BlockFills announced the completion of a US$37 million Series A financing led by Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc.
According to the official statement, the new financing will be used to promote Blockfills’ global expansion and launch new technologies aimed at attracting global Fortune 500 companies, hedge funds/asset management companies, banks and other institutions to enter the digital asset field and mining machine development .
It is reported that since its establishment in 2018, the company has received a total of 44 million US dollars in investment in two rounds of financing. (Cointelegraph)
Shakepay, a Canadian encryption trading platform, has completed a US$35 million Series A round of financing at a valuation of US$251 million. QED Investors led the investment, and Golden Ventures, Broadhaven, entrepreneurs Henri Machalani and Mike Murchison, and the head of digital products at Shopify participated in the investment. As part of the financing agreement, QED Investors partner Matt Burton will join Shakepay's board of directors.
The new financing will be used to solidify the company's growth, focus on bringing more products to market, such as the recently launched Shakepay Visa prepaid card, and expand the team. It is reported that last year, the company’s total transaction volume exceeded US$6 billion, and its customers exceeded 900,000. (Cointelegraph)
Web3 game publisher Carry1st completes $20 million financing led by a16z
African Web3 and social game publisher Carry1st completed US$20 million in Series A financing, led by Andreessen Horowitz (a16z), with participation from Avenir, Google parent company Alphabet, Riot Games, Konvoy Ventures, Raine Ventures, and TTV Capital.
Carry1st hopes to use this round of financing to further expand product development in Africa. The African continent could become the premier hub for the games industry in the next decade.
Carry1st will use the funds to expand its content portfolio, grow its in-house development team, and launch new growth strategies to attract tens of millions of new users. A key pillar of its growth strategy is to develop the infrastructure to support P2E gaming, which allows users to monetize their gaming experience.
Alphabet's investment in Carry1st is part of its Africa digital transformation plan, announced by CEO Sundar Pichai in October 2021. (Cointelegraph)
Digital asset platform Coinhouse completes USD 17 million Series B financing led by TGV4 Plus Fund
Coinhouse, a French compliant digital asset platform, completed its Series B financing of US$17 million, led by True Global Ventures 4 Plus (TGV4 Plus) Fund with US$5.7 million. It is reported that Coinhouse has become the first cryptocurrency company registered with the French financial regulator Authority Financial Markets (AMF) in 2020. (Business Wire)
platformplatformChingariCompleted $15 million financing, led by Republic Capital
Indian short video sharing platform Chingari completes $15 million Series A expansion round led by Republic Capital, Onmobile, JPIN Venture Catalyst, Hill Harbor, Angellist, Venture Collective, Makan Family, Cowa Ventures, MVC Friends, Protocol Labs and other HNI families The financial office and others participated in the investment. (Business Insider)
It is understood that Chingari is a short video sharing platform. Users can get GARI tokens for watching or uploading content on the platform. These tokens can be used to unlock special content of creators or purchase experiences of voice or video calls with creators.
Stader Labs, an encrypted currency mortgage management platform, announced on Thursday that it completed a $12.5 million private placement financing at a valuation of 450 million. Three Arrows Capital led the investment, Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment and many more Angel investors participated in the investment.
The new financing will be used to accelerate Stader Labs’ cross-chain expansion and develop its third-party ecosystem to develop staking applications utilizing the decentralized Stader infrastructure.
According to Kyle Davies, co-founder of Three Arrows Capital, there are currently more than 15,000 unique wallets on Stader Labs, with a TVL of about $500 million. Its agreement was released last November.
Currently, Stader Labs only supports staking on the Terra blockchain, and plans to expand to Solana, Ethereum, Fantom, Hedera, and Polygon in the future.
In October last year, Stader Labs announced the completion of a $4 million seed round of financing, led by Pantera Capital, with participation from Coinbase Ventures, True Ventures, Jump Capital, and Proof Group. (Cointelegraph)
GameFi platform DEA completes $12 million financing, led by JAFCO Investment
Singapore's GameFi ecosystem Digital Entertainment Asset Pte. Ltd. (DEA) completed a US$12 million seed round of financing, led by JAFCO Investment Ltd. and participated by Spartan Group and others.
The new funds will be used to support and promote the development of the DEA's flagship product, the PlayMining platform. In addition, DEA will accelerate infrastructure construction and talent recruitment activities. (U. Today)
Blockchain Security Company Redefine Completes $11 Million Seed Funding Led by Ribbit Capital
Redefine, a blockchain security startup, has completed a $11 million seed round of financing at a valuation of $50 million, led by Ribbit Capital. Redefine purportedly offers the first “Crypto Firewall” to protect DeFi platforms and protocols. (The Jerusalem Post)
Decentralized storage network Aleph.im raises $10 million led by Stratos Technologies
Aleph.im, a decentralized storage and computing network, completed $10 million in financing, led by Stratos Technologies, and participated by Zeeprime, NOIA Capital, Theia, and Bitfwd Capital.
According to reports, the cross-chain network aims to provide fully decentralized computing power and censorship-resistant data storage. Aleph.im plans to launch its first compute resource node in January. These nodes will eventually become the main processing energy for the network.
Aleph.im rewards its core channel nodes with its native token ALEPH. Aleph.im plans to use the new financing to increase its minimum wage payment capacity from the current 70 core channel nodes to 150 node operators. The goal of this expansion is to create a network of distributed virtual machines enabling full-stack decentralization for key blockchain and DApp developers. After launching the computing nodes, Aleph.im also plans to activate the storage nodes in 2022. (Cointelegraph)
Hubble Protocol Completes USD 10 Million Financing, Three Arrows Capital, DCG and Others Participate
Hubble Protocol, a Solana-based DeFi project, completed $10 million in financing, Three Arrows Capital, DeFiance Capital, Delphi Digital, Digital Currency Group, Crypto.com Capital, ParaFi, Jump Capital, Decentral Park Capital, CMS, Spartan, DeFi Alliance and Mechanism Capital participated in the investment. Funds from this round of financing will be used to expand the team and DeFi projects.
According to previous reports, in December 2021, Hubble Protocol completed a $3.6 million seed round of financing, with participation from Three Arrows Capital, Jump Capital, CMS, Spartan, Delphi Digital, Mechanism Capital, DeFi Alliance, and DeFiance Capital. (CoinDesk)
Indian game company nCore Games raises $10 million led by Animoca Brands and Galaxy Interactive
Indian game company nCore Games completed a new round of financing of US$10 million, led by Animoca Brands and Galaxy Interactive, and participated by Polygon and Hyperedge Capital. The new financing will be used to drive the development of Web 3 games. Next, nCore's focus is to move to the Metaverse and launch its own NFT. (CoinDesk)
Ethereum NFT Badge App POAP Announces $10M Funding Led by Archetype and Sapphire Sport LLC
News Ethereum NFT badge application POAP announced the completion of $10 million in financing, led by Archetype and Sapphire Sport LLC, Collab Currency, 1KX, Libertus Capital, Red Beard Ventures, 6th Man Ventures, Delphi Digital, A Capital, Sound Ventures, Advancit Capital and The Chernin Group participated in the investment. (Decrypt)
Solana Ecological NFT Auction Agreement Burnt Finance Completed $8 Million Series A Financing, Animoca Brands Leads the Investment, Multicoin Capital, Alameda Research, DeFiance, Valor Capital Group, Figment, Spartan Capital, Tribe Capital, Play Ventures, HashKey, Mechanism Capital, DeFi Alliance, Terra, Fantom and others participated in the investment.
The new financing will be used to deploy and integrate new chains and product features, and to expand the team size. The protocol plans to expand its offerings to projects such as lending or GameFi in the coming months. Burnt Banksy (pseudonym), founder of Burnt Finance, said that the project has already had some cooperation with some major GameFi platforms and will be officially launched next month. However, he could not disclose further details of these product plans.
In May 2021, Burnt Finance announced the completion of a $3 million seed round, led by Multicoin Capital and Alameda Research. (Blockworks)
Encryption market maker Byte Trading completed a $7 million seed round of financing led by Redalpine
Byte Trading, an encrypted market maker specializing in encrypted derivatives, completed a $7 million seed round of financing, led by Swiss-based venture capital firm Redalpine, with participation from Possible Ventures, L1 Digital, and D4 Ventures.
As part of the deal, Redalpine general partner Harald Nieder and Possible Ventures partner Simon Leicht joined Byte Trading’s board of directors. Byte Trading co-founder Dominik Vacikar said that this is a round of equity financing that will help Byte Trading expand its team, integrate more exchanges, and grow its assets under management (AUM) by 50 times within this year. (The Block)
Metaverse startup Cyber raises $6.7 million, led by Variant
Metaverse startup Cyber has completed a financing of US$6.7 million in November 2021, led by Variant, with participation from Three Arrows Capital, TCG Capital Management, and several angel investors and NFT collectors, including Cozomo de' Medici, artist Joey Colombo, Product Hunt founder Ryan Hoover, Adobe chief product officer Scott Belsky, Not Boring founder Packy McCormick, Art Blocks founder Erick Calderon, anonymous group 6529, DeeZe and Gmoney.
Launched in February 2021, Cyber aims to create a virtual showroom for NFTs. The company just rolled out a new feature that connects collectors' virtual galleries through a web portal. The new funds will primarily be used to expand the team while advancing product development. Cyber founder Rayan Boutaleb said Cyber's mission is to "enable people to deploy immersive spaces, big or small". (The Block)
Decentralized Exchange Soma.Finance Completes $6.5 Million Funding Led by Animoca Brands
Decentralized exchange Soma.Finance completed a $6.5 million seed round of financing led by Animoca Brands, Kenetic Capital, Griffin Gaming Partners, GSR, Token Bay Capital, Mind Fund, Unknown VC, Fomocraft, BCW Group, Tai Ping Shan Capital, Gate Ventures and 0x Ventures participated in the investment.
Soma.Finance is a decentralized exchange for trading digital assets and compliant digital securities. Soma aims to be a fully compliant DEX and product suite for institutional and retail investors, with services including built-in KYC and AML capabilities. The company is a joint venture between Hong Kong-based DeFi platform Mantra DAO and New York-based Tritaurian Holdings, which has a Financial Industry Regulatory Authority (FINRA) licensed broker-dealer subsidiary. (CoinDesk)
Voltage Closes $6M Funding Led by Trammell Venture Partners
Voltage, a Bitcoin and Lightning infrastructure company, completed a $6 million seed round led by early-stage venture capital firm Trammell Venture Partners, with participation from Craft Ventures, GV, Stillmark, Cavalry Asset Management, Strategic Cyber Ventures, Fulgur Ventures, and Tenzing.vc. Christopher Calicott, managing director of Trammell Venture Partners, will join Voltage's board of directors.
Voltage offers managed services for users interested in running Bitcoin or Lightning nodes on the cloud. The service also includes a dashboard through which users can interact. Voltage said the round will support its growth plans and help it expand its team to further scale and improve its enterprise-grade Bitcoin and Lightning infrastructure solutions. (Bitcoin Magazine)
Encrypted currency hardware wallet manufacturer NGRAVE has completed a $6 million seed round of financing, with Woodstock Fund, Morningstar Ventures, DFG, Spark Digital Capital, Moonrock Capital, Mapleblock Capital and others participating.
The NGRAVE team will use the funds raised to expand its team and establish multiple new centers around the world in 2022. It is reported that as of the first quarter of 2022, NGRAVE's products have been sold in more than 90 countries/regions around the world. (U. Today)
IndiGG Completes USD 6 Million Seed Round Financing, Red Shirt Capital India and Others Participate
The Indian subDAO IndiGG of the Philippine Game Association YGG completed a US$6 million seed round of financing, Sequoia Capital India (Sequoia Capital India), Lightspeed Venture Partners, Animoca Brands, Jump Capital, Variant Fund, Dune Ventures, Griffin Gaming Partners, Transcend Fund, Play Ventures, Backed and Sfermion, IVC, Emfarsis, Reddit Co-Founder Alexis Ohanian, Hedge Fund Billionaire Alan Howard, Nazara Technologies CEO Manish Agarwal, Hungama Digital Media CEO Neeraj Roy, Mobile Premier League CEO Sai Srinivas, WazirX co-founder Siddharth Menon, AngelList India partner Utsav Somani, DrumWorks founder Nameet Potnis, WinZo CEO Paavan Nanda and others participated in the investment.
IndiGG will soon support NFT assets of Axie infinity, Pegaxy, Fancy Birds, Nyan Heroes, Nitro League, and later will introduce new games for the Indian market. Polygon Studios and its ecosystem of Web3 games (including Zed Run, Skyweaver by Horizon Blockchain Games, Decentraland, Decentral Games) will ensure that IndiGG scholarship recipients have continuous access to the latest version of the game. (Financial express)
Infinity Force Closes $5.5M Seed Round Led by Animoca Brands
News Infinity Force has completed a $5.5 million seed round of financing led by Animoca Brands, with participation from Jump Capital, LD Capital, SkyVision Capital, OKEx Blockdream Ventures, MEXC, GSR, Double Peak Group, Tokenbay Capital, and DWeb3.
Infinity Force is a management system serving the P2E ecosystem. Its products provide end-to-end software services, including guild token creation, NFT asset lending, payment automation, and data analysis. The funds will be used to further expand the capabilities of the platform and facilitate the transition to Infinity Force Dao.
Heroes of Mavia, an Ethereum-based P2E blockchain game, completed a $5.5 million seed round of financing led by Binance Labs, Genblock Capital, Delphi Digital, Mechanism Capital, Alameda Research, Animoca Brands, YGG, YGG SEA, ExNetwork Capital, Double Peak Ventures , Merit Circle, Hashkey Capital and others participated in the investment. The project aims to use the proceeds to develop games and grow the community. (Coin Quora)
Lingshu Technology completed the Pre-B round of strategic financing of tens of millions of yuan
"Lingshu Technology" completed the Pre-B round of strategic financing of tens of millions of yuan. According to reports, Chengdu Xinyue Equity Investment Fund, the investor in this round, is a state-owned holding fund, and its shareholders include Sichuan New Media, People.cn, and Guangming.com. Lingshu Technology is a national high-tech enterprise with blockchain underlying technology and in-depth application scenarios. Lin Le, CEO of Lingshu Technology, said that the financing will be used to develop new business segments, accelerate the layout of the digital cultural industry, and promote blockchain digital copyright Applications such as protection and NFT have landed. (36 krypton)
STEPN Closes $5 Million Seed Funding Led by Sequoia Capital and Folius Ventures
According to official news, the Move to Earn game STEPN announced the completion of a $5 million seed round of financing, led by Sequoia Capital and Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, DeFi Alliance, M13, Corner Ventures, Sfermion, Zee Prime Capital , Lemniscap, Spark Digital Capital, MorningStar Ventures, Openspace Ventures, Solar Eco Fund and WelinderShi Capital participated. Angel investors including Santiago R Santos and Zhen Cao (Asia Partner of Republic) also participated in this round of financing.
With the new financing, STEPN plans to develop and release new features in the next few months, including social elements, NFT achievement system, NFT sneaker rental system, etc. The team is also constantly receiving feedback from the community and carefully designing its token economics.
Prediction market protocol PlotX completes US$5 million Pre-A financing, Polygon, Hashed, Animoca Brands, Alpha Wave Global (formerly Falcon Edge), Polygon co-founder Sandeep Nailwal, Brevan Howard asset management co-founder Alan Howard, etc. participated in the investment .
Game Guild Ancient8 completes USD 4 million in financing, led by Dragonfly Capital and others
Vietnamese game association Ancient8 announced the completion of a US$4 million seed round of financing, led by Dragonfly Capital, Pantera Capital and Hashed. Ancient8 said it will use the funds to establish a DAO to further build a community around Play to Earn. (CoinDesk)
The NFT card game Spellfire announced the completion of $3.8 million in private equity financing, co-led by DAO Maker and Shima Capital, with participation from Genblock, IBC Group, Faculty Group, IBA, Maven Capital, Autonomy Capital, Terranova Ventures, and x21 Digital. (Crypto News)
Azuro Announces $3.5M Seed Funding Round Led by Gnosis, Flow Ventures, Polymorphic Capital
According to official news, Azuro announced the completion of a $3.5 million seed round of financing, led by Gnosis, Flow Ventures, Polymorphic Capital, Ethereal Ventures, Arrington XRP Capital, AllianceDAO, Delphi Digital, Meta Cartel Ventures, Merit Circle, Clever Advertising, SevenX, OP Crypto , CitizenX, BR Capital, David Post, Alex Wearn, Sergei Chan and others participated in the investment.
On January 20, Venue One, the Algorand ecological decentralized prediction protocol, announced the completion of a US$3.4 million seed and private placement round of financing. This round of financing was led by Borderless Capital, Algorand, Elves Long Term Capital (ELTC), Goldentree, Cognitive Blockchain, Meld Venture, MEXC, Synaps, Youbi, D4 Ventures, CSP DAO, 0x, etc. participated in the investment.
Venue One aims to revolutionize the decentralized prediction market on Algorand. It is a non-custodial, decentralized, fast and global prediction protocol. The testnet is expected to launch on February 22.
Folks Finance Completes $3 Million Seed Round Funding Led by Borderless Capital
Folks Finance, an Algorand-based lending agreement, announced the completion of a $3 million seed round of financing, led by Borderless Capital, Jump Crypto, ParaFi Capital, Coinbase Ventures, OKX Blockdream Ventures, Genesis Capital, Algorand Foundation, Youbi Capital, Meld Ventures, Eterna Capital, 0x Ventures, Polymorphic Capital, Valhalla Capital, ZBS Capital, Gains Associates, etc. participated in the investment.
TEA Project Announces Multi-Million Dollar Seed Funding Round Led by HashKey Capital
TEA Project announced that it completed a multi-million dollar seed round of financing in June 2021. This round of financing was led by HashKey Capital, with participation from Waterdrip Capital, Youbi Capital, Sub0 Capital, and Rebase.
TEA Project is a Web3 development framework and DAO economy. TEA bypasses the consensus algorithm limitations of blockchain technology and realizes decentralized cloud computing at a more fundamental level. To achieve this goal, TEA uses the TPM security chip and the time signal from GPS satellites as the root of trust, in conjunction with the original layer of blockchain technology. Essentially, decentralized applications achieve the scale and efficiency of traditional cloud computing at low cost. TEA is inviting community members to participate in the mining of the test network and receive future main network token rewards and airdrops.
Yesports, an e-sports participation platform, completed a US$2.25 million seed round of financing, with participation from Polygon Studios, Alphabit, Cosmos, Kernel Ventures, Mozaik Capital, and NGC Ventures.
The financing will be used to develop its NFT-based esports marketplace and esports-focused Metaverse.
01 Exchange completes USD 2.2 million in seed round financing, led by Multicoin Capital and others
News 01 Exchange completed a $2.2 million seed round of financing, led by Multicoin Capital and Alameda Research, with participation from Solana Ventures and Ledger Prime.
01 Exchange is a decentralized derivatives trading platform based on Solana. It will release its mainnet on January 27 and launch a perpetual contract with deep liquidity, which can support 100 different derivatives markets and 50 different collaterals . At the same time, SQUOL, the first Power Perps product in limited order book mode, will also be launched. (Decrypt)
Prismatic Closes $2M Seed Round Led by Borderless Capital
News Prismatic recently completed a US$2 million seed round of financing, led by Borderless Capital, Meld Ventures, Valhalla Capital, Chiron Partners, Cluster, MEXC, 0x Ventures, Kangaroo Capital, 8186 Capital, SigmaDAO, Fork Ventures and several angel investors participated in the investment.
According to reports, Prismatic provides on-chain fund management infrastructure and tools for encrypted organizations such as DAO, with the goal of achieving secure, customizable and transparent treasury management. It allows treasuries to take full advantage of the capabilities of the blockchain ecosystem, including yield farming, staking, trading, and borrowing.
Prismatic seeks to serve businesses by providing efficient and adaptive solutions in four core areas: Spending, Strategic Asset Allocation, Borrowing and Reporting to meet the needs of effective financial management while maintaining a high level of security.
The Prismatic application will be built on the Algorand blockchain platform and is scheduled to launch in the second quarter of 2022. (BeInCrypto)
Web 3.0 incubator MetaGoons completed a $2 million seed round of financing, with participation from Flying Falcon, Arrington Capital, Hof Capital, and LD Capital.
This round of financing advances MetaGoons' plan to establish the first overall, vertically integrated metaverse game, entertainment, investment and development guild. In addition, MetaGoons will cooperate with world boxing champion and Philippine Senator Manny Pacquiao (Manny Pacquiao) e-sports team Pacquiao GG team as its exclusive Metaverse game partner.
According to official news, Fantom Maker announced the completion of a $1.8 million seed round of financing, led by DAO Maker and Halvings Capital, with participation from Maven Capital, Octopus Crypto Capital, ZBS CAPITAL, and Icetea Labs.
Creator economy startup AppX raises $1.3 million led by Y Combinator
Creator economy startup AppX received $1.3 million in financing led by Y Combinator, with participation from Global Founders Capital, Rocket Internet, Soma Capital, Shrug VC, Lenny Rachitsky, James Beshara and TDV Partners. The company plans to use the new funding to launch more products to help more creators monetize, launch their own tokens, and expand internationally.
It is reported that AppX cooperates with creators in the fields of education technology, fitness, games and skill development, and currently has more than 3,000 developers using AppX products. They use AppX products to monetize their social media fan benefits. To date, AppX creators and influencers have earned more than $10 million through its products, the company said. AppX also plans to launch a platform where creators can launch their online businesses in less than 10 minutes. (Business Standard)
On January 21, China Internet Investment and Finance Group Co., Ltd. (stock code: 810) was decided by the board of directors to jointly launch a special investment fund for high-value assets such as DeFI, NFT, and GameFi in the blockchain field, Batte Monster, together with Sequoia Capital, Solana, and FTX. (Battle Spirit) will receive the fund's first investment.
Battle Monster is a GameFi game running on Solana. Players can enjoy the endless fun of cultivating and eliminating battles by purchasing, hatching elves (BM-NFT in the game), and elves breaking through levels. Integrate and develop "DeFi+NFT+Metaverse", and through the Play-to-Earn model game, players can get BMG tokens by participating in the game. Each elf is a kind of NFT asset, which can be freely traded and realized.
According to official news, Commercial Metaverse SPACE has completed a private placement round of financing, with participation from Binance Labs, Animoca Brands, Digital Currency Group, Coinfund, Republic Realm, Hof Capital, and Polygon Fund. The financing will be used to accelerate product development, hire talent, and continue to grow the community.
According to reports, SPACE allows users to design their own virtual commercial space for games, art, fashion, music, etc. SPACE allows users to experience social commerce in a virtual world.
Schrocken Inc., a SaaS start-up company based on enterprise blockchain, has completed its A round of financing, with an undisclosed amount. This round of financing was led by Five Gardens LLC and ThinKuvate, with participation from Quentelle LLC and others.
The new funds will be used to strengthen Schrocken's platform capabilities and expand the company's presence in the U.S. and Europe by accelerating sales and marketing activities. (Businesswire)
Stably, an asset tokenization infrastructure provider, announced the completion of its Pre-A round of financing, led by Morgan Creek Capital, Jackson Fu from Cream, and Sunny Lu from VeChain, and Lou Kerner from Hard Yaka, Bloccelerate, B21 Capital, Blockchain Coinvestors, and Taureon Capital David Choi, Beenext and Pay It Forward participated in the investment, and the financing amount was not disclosed. (Cointelegraph)
Crypto Firms 2TM and Paxos Receive Investment from Mercado Libre
2TM and Paxos received investment from Mercado Libre. It is understood that 2TM is the holding company of Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, Paxos blockchain infrastructure company, and Mercado Libre is a Latin American e-commerce company.
Mercado Libre said in a statement Thursday that it bought a stake in 2TM and made a strategic investment in Paxos, for an undisclosed amount. Additionally, Mercado Libre said the investments strengthen Mercado Libre's"Commitment to the development and use of crypto assets and blockchain technology in the region". It is reported that Mercado Bitcoin will raise US$250 million in 2021, with a valuation of US$2.2 billion. (Coindesk)
According to official news, RPG chain game Epic War announced that consulting and incubation company Icetea Labs has become its strategic investor.
