One-week financing express | 47 projects have been invested; the total disclosed financing is about 660 million US dollars (5.30-6.5)
According to Odaily’s incomplete statistics, a total of 47 domestic and overseas blockchain financing incidents were announced that week, a certain increase from the previous week; the total disclosed financing was about 660 million US dollars, a certain decrease from the previous week.
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):
*German broker Trade Republic completes about 250 million euros in financing, led by OTPP
Berlin-based brokerage app Trade Republic Bank GmbH, co-founded by ex-Merrill Lynch banker Christian Hecker, has raised around 250 million euros ($268 million), led by the Ontario Teachers' Pension Plan (OTPP). The company's valuation was raised from 4.4 billion euros to 5 billion euros.
The new funding will be used to expand into other European markets over the next year, Hecker said. He doesn't see an IPO anytime soon. Trade Republic also plans to make additional investments in existing markets.
Trade Republic allows clients to trade stocks, ETFs, cryptocurrencies and other financial products, mostly with no order commissions or other fees. It launched in Germany in 2015 and currently also offers services in Austria, the Netherlands, France, Italy and Spain. (Bloomberg)
Infrastructure provider InfStones announced the completion of a new round of financing of US$66 million, led by SoftBank Vision Fund II and GGV Capital, followed by Ince Capital, 10T Fund, SNZ Holding and A&T Capital. This round of financing will be used for the company's global business expansion.
InfStones will use this round of financing to develop more powerful infrastructure solutions and provide better services to global customers. This round of financing will also help InfStones expand into new markets, establish high-value partnerships and carry out mergers and acquisitions to further expand its business scale.
It is reported that InfStones raised US$33 million in the B round of financing in February this year, and the total financing amount has exceeded US$100 million since its establishment.
According to reports, InfStones is a PaaS service provider. On the InfStones platform, users can quickly deploy nodes and create APIs to improve the efficiency and speed of developing and deploying decentralized applications such as Staking, DeFi, NFT, and GameFi on multiple protocols. At present, more than 50 protocols are integrated on the InfStones platform, serving hundreds of institutional customers around the world, and providing users with the support of tens of thousands of nodes.
Vendia, an enterprise-level blockchain data sharing platform, announced the completion of a US$30 million Series B financing led by NewView Capital, with participation from Neotribe Ventures, Canvas Ventures, Sorenson Capital, Aspenwood Ventures and BMW iVentures. So far, the company’s total financing has reached US$50 million . (TechCrunch)
Galaxy Racer invests $25 million in DeFi platform QUINT
Dubai-based cross-media giant Galaxy Racer has established a partnership with DeFi platform QUINT and invested $25 million in it. Galaxy Racer will integrate QUINT into its website’s payment system and explore how the token can be used in esports competitions, events and merchandising departments.
It is reported that Galaxy Racer focuses on e-sports, content creators, music and sports, and is also the first e-sports organization to invest a lot of money in the cryptocurrency ecosystem. (Newsfile)
Pan-African encryption trading platform Mara announced the completion of a new round of financing of US$23 million, with participation from Infinite Capital, DAO Jones, Huobi Ventures, TQ Ventures, and Distributed Global.
It is reported that Mara has established a new partnership with the Central African Republic, which recently declared BTC as legal tender and plans to create a cryptocurrency center Sango. Mara aims to help young people adapt to emerging technologies, promote fairer capital distribution by providing solutions across tribes, classes, and cultures, and build a digital financial system for sub-Saharan Africa, thereby promoting the large-scale adoption of cryptocurrencies in the region. Mara APP has landed on Apple APP Store and Google Play. (Livebitcoinnews)
Utopia, the DAO salary payment system, completed a $23 million Series A financing led by Paradigm
Utopia, a DAO salary payment system, announced the completion of a $23 million Series A round of financing, led by Paradigm, with participation from Kindred Ventures, Circle Ventures, Gusto, Coinbase Ventures, Infinity Ventures Crypto, Distributed Global, and Fourth Revolution Capital.
It is reported that the funds raised will be used to develop and expand the team, and further improve the functions of DAO, including Token ownership, ledger design and personnel management.
First Digital Trust, a digital asset custody arm of financial services company Legacy Trust, announced the completion of $20 million in financing, with participation from Nogle and Kenetic Capital. First Digital Trust will use some of the new funds to expand into the Singapore, UK and Canadian markets and develop secondary markets for private equity and digital assets. (Techinasia)
Blockchain start-up company Gaudiy announced the completion of 2.5 billion yen (about 19.22 million U.S. dollars) in Series B financing, SBI Investment, Bandai Namco's Web3.0 and Metaverse Fund Bandai Namco Entertainment, Japanese communication giants KDDI, STRIVE and JAFCO Group participated in the investment. The funds raised will be used for talent recruitment, technology investment to expand existing services Gaudiy Fanlink and new businesses such as Metaverse, as well as global expansion. Gaudiy once launched the Web3 fan platform Gaudiy Fanlink.
It is reported that Gaudiy Fanlink is an IP-authorized Web3 fan platform. Sony Music Entertainment, Japanese general publishing house Shueisha, Bandai Namco Entertainment, and Aniplex under Sony Music Entertainment all use Gaudiy Fanlink services. Gaudiy Fanlink is committed to reducing the IP operating costs of entertainment companies and increasing the value of fans. (Prtimes)
Smart Chain DeFi completes $16 million in Series A financing, led by Binance Labs
Liquidity-as-a-service (LaaS) DeFi protocol Smart Chain DeFi announced the completion of a US$16 million Series A round of financing, led by Binance Labs and participated by Adrian Kolody, founder of non-custodial DEX Domination Finance.
It is reported that SmartChain DeFi is a one-stop liquidity-as-a-service (LaaS) DeFi protocol based on BNB Chain. It has received funding from Binance’s 1 billion growth fund in the angel round. Smart Chain DeFi provides liquidity services for more than 10 protocols such as PancakeSwap, and manages more than US$60 million in liquidity from well-known institutions and over 80,000 LPs. (Digital Journal)
According to official news, Incognia, a provider of cross-industry identity verification and anti-fraud services, announced the completion of a $15.5 million Series A round of financing, led by Point72 Ventures. The new funding round will support Incognia's continued growth.
The company mainly provides user identity verification and fraud prevention services for industries such as financial technology, cryptocurrency, games, logistics and express delivery, and social networking. Currently, its business covers more than 200 million users in more than 20 countries around the world.
Meditation Metaverse app Tripp announced the completion of $11.2 million in financing, with participation from Amazon Alexa Fund, Qualcomm, Bitkraft Ventures, HTC, Niantic, and Mayfield. Funds raised will be used to develop Augmented Reality (AR), Virtual Reality (VR) and mobile applications in Tripp to meet users' mental health care needs.
It is reported that Tripp recently announced the acquisition of Eden, a virtual world building platform from BeardedEye, which aims to build a safe and community-driven experience in the "Meditation Metaverse". (Venture Beat)
Revoland, a P2E chain game based on Huawei Cloud, announced the completion of a US$10.6 million seed round and pre-sale round of financing, led by HashKey Capital and Polygon Ventures, Tian Ge Interactive, AKG Venture, LinkVC, Arcanum Capital, Atlas Capital, Crypto Nord, PlayPark, MX Investment, One Block Capital, AW Capital, Phemex Venture, Winston International, Gene Vision and Yield Master participated. (Finance Feeds)
WAX Studios Receives $10 Million Investment from OKX Blockdream Ventures
News NFT blockchain Worldwide Asset eXchange (WAX) announced on Thursday that it has received $10 million in funding from OKX Blockdream Ventures to further develop its ecosystem.
WAX Studios, the team behind WAX, will use the funds to develop NFTs in P2E games, establish a game token exchange, and upgrade the WAX Cloud Wallet that can be used to send and store game NFTs.
It is reported that the WAX network has 12 million users. Its "carbon-neutral" blockchain has been used by brands such as NASCAR, Sony, Hasbro, Mattel, and others to create NFT collections. WAX-based NFTs can be sold on platforms such as OpenSea, OKX NFTs, and the WAX Marketplace. (The Block)
NFT metaverse game Kryptomon completes $10 million financing, led by NFX
The NFT metaverse game Kryptomon announced the completion of a $10 million private equity round of financing, led by NFX, with participation from PLAYSTUDIOS, Griffin Gaming Partners, Tal Ventures, and former Citigroup CEO Vikram Pandit.
It is reported that Kryptomon is an NFT Metaverse game that includes elements such as Pokémon, Cryptokitties, and Tamagotchi. According to its official data, thanks to the two rounds of blind box sales launched on the Binance NFT market, Kryptomon has been in the game for less than 5 months. NFT transactions worth $13 million have been generated within, and the latest financing will push Kryptomon to accelerate the development of NFT games and continue to contribute to the encrypted game community. (Cryptonews)
Cryptocurrency exchange DTTcoins completes $10 million Series A funding
News brokerage DTT Group announced that its cryptocurrency exchange DTTcoins has completed a $10 million Series A financing. The specific investors were not disclosed. The financing funds will be used for DTTcoins' global expansion plans as well as research and development efforts to further enhance customer solutions and develop new products.
It is reported that DTTcoins will be tested in Dubai in March 2022. (Finance Magnates)
Ty Haney, founder of Outdoor Voices, said that his latest project, Try Your Best (TYB), has completed $9.8 million in financing, led by Unusual Ventures and Sogal Ventures, with participation from Castle Island.
Built on top of Avalanche, the project uses blockchain technology to help brands build customer loyalty without buying expensive ads on third-party social media platforms. According to reports, brands use TYB to build their own loyal customer chain community. Through TYB, these brands can reward customers for participating in the community with cryptocurrencies (similar to points) that they can also exchange for physical products. (Tech Crunch)
Web3 startup Merge raises $9.5 million led by Octopus Ventures
British Web3 startup Merge has raised $9.5 million, led by Octopus Ventures, with participation from Hashed, Coinbase Ventures and Ethereal Ventures.
It is reported that Merge aims to build fintech infrastructure for Web3 companies by providing APIs. (The Block)
Distributed storage and computing platform Hive announced the completion of 7 million euros (about 7.5 million US dollars) seed round financing, Global Ventures, OneRagtime and angel investors Tom Glocer, former CEO of Thomson Reuters and lead director of Morgan Stanley, Finanzcheck.de Founder Moritz Thiele, OSI Digital CEO Kumar Yamani and others participated in the investment. At the same time, Hive announced the launch of its platform. (Silicon Canals)
NFT marketplace myNFT completes $7 million in Series A financing, led by Scytale Ventures
The multi-chain NFT market myNFT completed a $7 million Series A round of financing, led by Scytale Ventures, with participation from SevenX Ventures, Future Perfect Ventures, Signum Growth Capita, RMRK founder Bruno Skvorc, and KR1 co-founder George McDonaugh. myNFT will launch its first version in June 2022. (Cointelegraph)
P2E game Red Village announced the completion of a US$6.5 million seed round of financing, led by Animoca Brands and GameFi Ventures Fund, with participation from Spark Digital Capital, Kucoin Ventures, Polygon Studios, and JellyC.
Red Village is the first blockchain dark fantasy game platform. There are two game modes for players to choose from, namely the tournament mode of the test mode. Part of the new financing will be used by Animoca Brands subsidiary Blowfish Studios to develop an expansion called The Red Village: Darklands, inspired by classic games like RuneScape and Diablo. (CFX Magazine)
Encrypted investment and wealth management application FinTron announced the completion of a US$6.5 million Series A financing, with participation from AUA Capital Management, Connecticut Innovations, Sage Venture Partners, and Webster Bank. The company's total financing so far has reached nearly US$10 million.
Leveraging the new financing and major partnerships, FinTron plans to continue to expand its organization and workforce, expand financial education and employment opportunities for high school and college students, and foster new and existing partnerships in Connecticut. Additionally, FinTron intends to deploy technology and product upgrades, including a new rewards engine, enhanced crypto transaction capabilities, and building new banking products, among others. (Benzinga)
Cloudwall Capital, a digital asset risk management platform headquartered in Singapore, announced the completion of a US$6.3 million seed round of financing, led by LocalGlobe and Illuminate Financial, with participation from IA Capital Partners, Eberg Capital and Nemo Ventures. The company will use its funding to grow its team to 15 people by the end of the year and develop the platform to launch an early access program. (Tech in Asia)
Crypto Startup Size Completes $6 Million Seed Round Led by Three Arrows Capital, Wintermute and Mgnr
Cryptocurrency startup Size announced the completion of a $6 million seed round of financing, led by Three Arrows Capital, Wintermute, and Mgnr, with participation from Alameda Research, D1 Ventures, Genblock Capital, and several angel investors.
According to the company’s description, Size offers users a way to “easily participate in sealed auctions for vested or unvested tokens.” The company is currently focusing on growing its community and supporting "peers in the ecosystem." (The Block)
DAO management platform Dework announced the completion of a US$5 million seed round of financing, jointly led by Paradigm and Pace Capital, with participation from former Coinbase Chief Technology Officer Balaji Srinivasan and Polygon founder Sandeep Nailwal. The new financing will be used to expand the team.
Dework is a Web3-native collaboration tool where DAOs can organize internal and external teams, manage tasks and rewards in a transparent manner, and help new members onboard. Its goal is to be "the Trello and LinkedIn of Web3." The platform has been used by several DAOs, including OpenDAO, AragonDAO, CityDAO, and ShapeshiftDAO. (CoinDesk)
Digital asset custodian Limina announced a $4.7 million seed round led by Elevation Capital, Indian trading platform CoinDCX, LD Capital, Woodstock, Nexus Ventures, Hashed, Cadenza Ventures, Vauld, Better Capital and Sparrow Capital, and Angel investors including Andreas Antonopoulos, Balaji Srinivasan, Sandeep Nailwal, Jaynti Kanani and Ajeet Khurana participated in the round.
It is reported that Liminal is the first wallet architecture development company to provide secure multi-party computation (MPC) and multi-signature wallets. These wallets usually require two or more private keys to sign and send transactions to better protect different blocks. Digital assets on the chain. The company revealed that it has processed more than US$2.5 billion in transactions within one year of its operation, and the protected asset size is about US$50 million. Its customers mainly include trading platforms, custodians, banks, trading cabinets and hedge funds. (Crypto News)
Solana-based Move-to-Earn and Win-to-Earn chain game Walken announced the completion of $4.7 million in financing, led by Infinity Ventures Crypto and Shima Capital, Morningstar Ventures, Ghaf Capital Partners, Huobi Ventures, Dex Ventures, Yield Guild Games (YGG), YGG Southeast Asia, Big Brain Holdings, Moonchain Capital, Moon Holdings, OliveX of Animoca Brands Group, Genblock Capital, NFT Tech, SnackClub, etc. participated in the investment. The new financing will be used to rapidly scale game development and further refine the product on a sustainable economic basis.
According to reports, Walken combines encrypted rewards with physical activities such as walking and running to improve players' roles in the game by continuing to move or win games, while helping players develop healthier living habits. Walken is currently in the closed beta stage and will be officially released at the end of June, followed by the listing of WLKN tokens. (Cointelegraph)
News Bitcoin rewards company GoSats completed $4 million Pre-A round of financing, Y Combinator, Accel, Gossamer Capital, etc. participated in the investment. GoSats plans to use the new funds to expand its business, including improving products and adding more brands. (Tech in Asia)
Big Whale Labs, an encryption start-up company focused on anonymity, announced the completion of a $3.8 million seed round of financing, led by M13 and Road, Slow Ventures, C2, Goodwater, Panache, NFR, and angel investors Balaji Srinivasan (former Coinbase CTO), Roman (Founder of Tornado Cash) and others participated in the investment. The company’s total funding to date brings it to $4.4 million.
According to reports, Big Whale Labs develops social protocols through zero-knowledge and encryption technology to promote anonymity, and is currently building an open source privacy protocol SealCred, which allows users to create verified anonymous wallets to transfer social funds between wallets. (The Block)
Souq G-Commerce, a Web3 game asset portfolio management platform, announced the completion of US$3.3 million Pre-Seed round of financing, Kickstart, IVC, Operate, Moon Holdings, Ellipti Ventures, Perpetual Value Partners, Himanshu Sahay & Partners, Sterling VC, Evernew Capital, BBQ Capital and others participated in the investment.
The products built by Souq G-Commerce can manage and track blockchain game assets, and currently provide support for players and games on mainstream blockchains in the market. It is reported that Souq will develop technologies for discovering and monitoring Web3 game asset portfolios, including establishing a financial market focused on the game economy. (Venture Beat)
DeFi platform Alloy completes $3 million in financing led by Headline Ventures
German DeFi platform Alloy announced the completion of a $3 million Pre-Seed round of financing, led by Headline Ventures, with participation from Checkout.com founder Guillaume Pousaz, Sorare founder Nicolas Julia, and Seedcamp. The financing funds will be used to obtain regulatory approval from financial regulators and to establish the technical infrastructure behind the platform.
It is reported that Alloy aims to build a DeFi platform for institutional investors, which will be launched on the Ethereum network in the second half of 2022. (The Block)
Web3 metaverse game Chibi Clash announced the completion of a $3 million private placement round of financing, with participation from Alliance, Genblock Capital, Jump Capital, C² Ventures, Kyros Ventures, NGC Fund, PANONY, PetRock Capital, Polygon Ventures, Shima Capital, Avocado DAO, Rainmaker Games, etc. cast.
It is reported that Chibi Clash is building a Web3 game world centered on the flagship car fighting game. The game adopts the gameplay of "Hearthstone" and the art style of "Adventure Island". Players can use NFT to unlock weapon upgrades. (U. Today)
Canadian blockchain real estate investment platform Parvis Invest announced the completion of a $2.6 million seed round of financing led by Gravitas Securities.
The blockchain technology platform and marketplace provided by Parvis allows investors to invest in real estate through the secondary market and obtain liquidity. The platform aims to simplify the real estate investment process, while releasing real estate investment opportunities that ordinary investors cannot obtain, helping investment combine liquidity and achieve diversification to avoid inflationary pressures. (Fin Ledger)
BetaStore, a decentralized retail service provider, announced the completion of a $2.5 million Pre-A round of financing, with participation from 500 Global, VestedWorld and Loyal VC. The company has raised a total of $3 million to date.
It is reported that BetaStore hopes to decentralize retail products and services, so that more small retailers can participate in the supply chain, and help them repay loans, deposit operating funds, send, receive and save funds through the BetaStore wallet. (Techeconomy)
Laevitas Completes $2.5 Million Funding Led by Three Arrows Capital and DeFiance Capital
Laevitas, a data analysis platform focusing on encrypted derivatives, announced the completion of a $2.5 million seed round of financing, led by Three Arrows Capital and DeFiance Capital, with participation from CMS and Astronaut Capital. The funds from this round of financing will be used for Laevitas to expand its analysis and research suite on the encrypted derivatives market, and provide comprehensive analysis tools in the fields of DeFi derivatives, option pricing and risk management.
Spanish NFT creative platform Komon announced the completion of a $2 million Pre-Seed round of financing, with participation from Samaipata, Adara Ventures, Inveready, Shilling, and a group of angel investors in the Web3 and art fields. Proceeds from the financing will be used to recruit team members in Europe and the United States.
It is reported that Komon allows art lovers to access the exclusive online community of artists by purchasing NFT, and the Komon platform earns profits by charging transaction commissions. The platform is expected to go live in the next few months. (Tech.eu)
*Digital asset banking service Sandbank operator completes about $2 million in financing
DA:Ground, a Sandbank operator for digital asset banking services, has completed Series A financing of 2.5 billion won (approximately $2 million), led by Korea Information Certification, a South Korean information certification company under the Korean DAOUKIWOOM Group. DA:Ground plans to use the financing to expand its team and build financial infrastructure, and also plans to expand into comprehensive digital asset management services. (Decenter)
NFT rental market Playdex completed a $2 million seed round of financing, Philippine cryptocurrency exchange PDAX, OrangeDAO, BukoVentures, Tinder co-founder Justin Mateen, Magic co-founder Aaron Kemmer, CSVE Ventures managing partner Nina Teng, XANetwork’s Yaw Yeo, LazadaPH chairman Ray Alimurung and Wing Vasiksiri Wait to vote. (E27)
Listed Fan, a social Token issuing company, announced the completion of US$1.6 million in financing. Whiteboard Capital, Goodwater Capital, Google director Rahul Jindal, Whatsapp Payments’ Vinay Chholeti, and Morgan Stanley executive Hemant Gupta participated in the investment.
NFT market Ayoken completed a pre-seed round of financing of US$1.4 million, with participation from Founders Factory Africa, Kon Ventures, Crypto League, R9C Ventures, and Maximus Ventures. The financing funds will be used to purchase exclusive copyrights and build technical teams.
It is reported that Ayoken will release NFTs of some African artists and other artists around the world in the next few months. (Techcrunch)
MeMusic Completes USD 1.1 Million Seed Round Financing, Participated by ZBS Capital and Others
Blockchain music platform MeMusic announced the completion of a $1.1 million seed round of financing, with participation from ZBS Capital, Rawtech Ventures and Hoo.com. (Yahoo Finance)
Tritum, a digital asset solutions provider, announced the completion of a $1.1 million seed round of financing, with participation from Blue Node Capital, Nabais Capital, Loopring, and some private investors. The new financing was used to build credit and custody products as well as Web3 data and complex derivatives.
It is reported that Tritum currently provides high-frequency proprietary trading services and operates Blocktane, a global cryptocurrency trading platform. (Globe Newswire)
According to official news, Anmol Network, a Web3 multi-chain portal, completed a $1 million seed round of financing, led by AU21 Capital, with participation from MEXC Global Exchange, YBB Foundation, Lotus Capital, Danish Chaudhry, HG Ventures, and Rob Hanneman. (The Nation)
Winechain.co, an NFT wine platform, completes over $1 million in financing
Winechain.co, an NFT wine platform founded by Xavier Garambois, Amazon's former vice president of retail business in the EU, has completed over US$1 million in financing, with a group of wine lovers and well-known wineries participating in the investment. (decanter)
Pictoria, an AI VTuber company, announced the completion of 120 million yen (approximately equal to $930,000) in financing, with participation from Hash Global, Mask Network, Skyland Ventures, XTech Ventures, and Japanese fencer Yuki Ota.
Pictoria will use the funds to develop NFT business, and will release the NFT project NEN in June this year. In the future, the company also plans to create other original IPs using NFTs or tokens. (New economy)
Encrypted education startup Chain Debrief completes $900,000 in seed round
Chain Debrief, an encryption education start-up company in Singapore, announced that it has completed a seed round of financing of US$900,000, and the investment institution information has not yet been disclosed. Through articles, videos, and podcasts, Chain Debrief aims to be the go-to destination for crypto knowledge for users around the world. (VulcanPost)
South Korean game giant WeMade has made a strategic investment in Froyo Games, a multi-chain GameFi infrastructure, to accelerate the expansion of the Wemix ecosystem. Wemade said the investment amount was huge, but did not disclose details.
Through this strategic investment, WeMade plans to sign a partnership with Froyo Games to expand token economics on the basis of Wemix and expand market share. (TheGuru)
Encrypted trading strategy start-up PlayV announced the completion of Series A financing, with participation from SoftBank Ventures, Company K Partners and KB Investment. The specific investment amount has not yet been disclosed.
PlayV has established a personalized cryptocurrency asset management platform, users can see the investment strategies of high-level traders, and then better manage their own digital asset portfolios. (Tech Bullion)
