According to incomplete statistics from Odaily Planet Daily, a total of 14 financing events were disclosed in the global blockchain field from June 9 to June 15, a slight increase from 13 in the previous week; the total financing amount was approximately US$195 million, slightly lower than the US$228 million in the previous week.
The highlight of this round of financing is that the CeFi track continues to be hot, and most of the projects that received investment are still concentrated in the centralized direction. Among them, Web3 security startup Hypernative received the highest single financing this week, completing a $40 million Series B financing; followed closely by AI infrastructure platform Yupp, which announced the completion of a $33 million seed round of financing.
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional company whose business involves blockchain):
On June 10, Web3 security startup Hypernative announced the completion of a $40 million Series B financing round, led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, Boldstart Ventures and IBI Tech Fund. Hypernative focuses on real-time blockchain threat prevention, and its AI system can identify signs of attacks in advance.
Yupp receives $33 million in seed round funding, led by a16z
On June 13, Yupp completed a $33 million seed round of financing, led by a16z. The Yupp platform allows users to compare various AI models for free. Users can enter prompts and view answers generated by multiple AIs in parallel. After selecting the best results, they form a preferred data package that is used for post-training and evaluation of AI models. The platform combines blockchain technology to achieve transparency in the evaluation process. Users can receive corresponding rewards for providing feedback, and AI developers can obtain verifiable training data.
On June 9, crypto infrastructure company Turnkey announced the completion of a $30 million Series B financing round, aiming to build an “open crypto infrastructure layer” to drive the industry to evolve like the Internet.
This round of financing was led by Bain Capital Crypto, with participation from Sequoia Capital, Galaxy Ventures, Lightspeed Faction, Variant and Wintermute Ventures. After this round of financing, Turnkeys total cumulative financing has reached US$50 million.
Stablecoin startup Noah completes $22 million financing, led by LocalGlobe
On June 10, the stablecoin startup Noah completed a $22 million financing round led by European venture capital firm LocalGlobe. Other participants included Felix Capital, FJ Labs, and angel investors such as Palantir co-founder Joe Lonsdale and Adyens former chief technology officer Alexander Matthey. Thijn Lamers, a former executive of financial technology giant Adyen, joined as co-founder and president.
OneBalance completes $20 million Series A financing, led by Cyber Fund and others
On June 12, cross-chain infrastructure development company OneBalance announced the completion of a $20 million Series A round of financing, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2 IV, bringing its total financing to $25 million. OneBalance aims to enhance the user experience of Web3 products through its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions (such as transferring assets or earning income) for users without requiring users to monitor cross-chain bridges or gas fees.
On June 11, blockchain financial infrastructure startup CloudTech completed a $14 million Series A financing, of which $11 million was raised in the form of Bitcoin and stablecoin USDT. The funds will be used to launch institutional-grade custody solutions for digital assets and expand the broader crypto-native financial ecosystem. This round of financing came from multiple undisclosed investors.
On June 11, the blockchain-based loyalty platform Try Your Best (TYB) completed a US$11 million Series A financing round, led by Offline Ventures and Strobe Ventures, with participation from Coinbase Ventures, Castle Island Ventures and Unusual Ventures. Consumers on TYB can participate in gamified challenges, win digital collections, and have blockchain-based loyalty profiles that can track their interactions across different brands.
OpenTrade completes $7 million strategic financing, with participation from a16z crypto and others
On June 11, the stablecoin yield platform OpenTrade announced the completion of a $7 million strategic financing, led by Notion Capital and Mercury Fund, with participation from a16z crypto, AlbionVC and CMCC Global. The company is headquartered in London and has raised a total of $11 million in the past six months.
TOOL protocol developer nuConstruct completes $6 million seed round of financing, led by Cyber Fund
On June 11, nuConstruct, the developer of the TOOL protocol, announced the completion of a $6 million seed round of financing, led by Cyber Fund, with participation from Maven 11, DCG, Greenfield, and Eden Block. It is reported that TOOL builds a trusted execution environment through Intel TDX TEE, with the goal of replacing Flashbots MEV-boost and improving the on-chain transaction user experience.
On June 11, Solana Optimistic Network (SOON) announced the completion of a US$5 million strategic financing, with angel investors including Jump Crypto, Amber Group, zkSync’s Nana Murugesan, Kamino Finance co-founder Mark Hull, Switchboard founder Chris Hermida, and Wormhole’s Tori Cohen participating in the investment.
RISE Chain Completes $4 Million Financing, Galaxy Ventures Participates
On June 9, RISE Chain, a Layer 2 blockchain focused on low latency, announced the completion of a new round of financing of US$4 million. Galaxy Ventures, the venture capital arm of Galaxy Digital, participated in the investment, bringing the total financing amount of the project to US$8 million. The new funds will be used to promote the launch of its mainnet to build a high-throughput, low-latency blockchain.
Orange Cap Games Completes $3.5 Million Seed Round Led by 1kx and Yuga Labs
On June 10, blockchain game development studio Orange Cap Games announced the completion of a $3.5 million seed round of financing, led by 1kx and Yuga Labs, with participation from Bing Ventures, Infinity Ventures Crypto, and several angel investors. The financing will be used to promote the development of its Vibes TCG and Moonbirds products and ecosystems.
On June 10, the communication platform Towns Protocol completed a financing of US$3.3 million. This round of financing was led by Coinbase Ventures and echo, and the financing was completed in April this year.
Earlier in April, Towns Protocol announced the completion of a $10 million Series B financing, led by a16z crypto, with participation from Coinbase Ventures, Benchmark, etc. Towns Protocol is built on the Base network and aims to promote the development of Web3 social and collaboration tools.
Silhouette Completes $3 Million Pre-Seed Round of Financing, Led by RockawayX
On June 10, Silhouette announced the completion of a $3 million Pre-Seed round of financing, led by RockawayX, with participation from Amber Group, HiveMind, Protagonist, No Limit Holdings, NGC Ventures and Echo. Silhouettes Shield Exchange based on Trusted Execution Environments (TEE) supports HyperCore and HyperEVM, and provides a DeFi experience including TWAP, VWAP, RFQ and other advanced strategy operations.
Hyperion Completes Strategic Round of Financing Led by OKX Ventures, TVL Exceeds US$100 Million
On June 11, Hyperion, the leading decentralized exchange (DEX) in the Aptos ecosystem, announced the completion of a strategic round of financing, led by OKX Ventures, with participation from Aptos Labs, Maelstrom (Arthur Hayes family office) and Mirana Ventures.
