According to incomplete statistics from Odaily Planet Daily, from June 23 to June 29, a total of 19 financing events were disclosed in the global blockchain field, a slight increase from 16 in the previous week; the total financing amount was about US$2.3 billion, a sharp increase from US$110 million in the previous week. The surge in financing this week was mainly driven by several large financing transactions. The following are the main highlights:
First, the DeFi protocol Grove received a $1 billion grant to promote the deep integration of traditional financial assets and DeFi, becoming the largest financing event this week. Second, crypto investor Anthony Pompliano announced that his ProCap BTC will merge with Nasdaq-listed SPAC company Columbus Circle Capital Corp I (code: CCCM) to form Bitcoin native financial services company ProCap Financial, and has completed $750 million in financing.
Additionally, the prediction market space performed well, with both protocols receiving significant funding: Polymarket raised nearly $200 million, while Kalshi raised $100 million at a $1 billion valuation.
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 25, the DeFi protocol Grove announced that it had received a $1 billion grant to combine traditional financial assets with decentralized finance. The protocol focuses on collateralized loan obligations and provides crypto-native protocols with access to real-world asset investments. Through its infrastructure, Grove provides crypto-native protocols and asset managers with access to real-world asset (RWA) investments, helping them put idle reserves to use and earn returns independent of the crypto market. It is reported that the funds will be invested in Janus Henderson Anemoy AAA CLO Strategy (JAAA), a tokenized fund managed by Janus Henderson, which is built on Centrifuge, a blockchain platform specializing in the tokenization of real-world assets.
On June 23, crypto investor Anthony Pompliano announced that his ProCap BTC will merge with Nasdaq-listed SPAC Columbus Circle Capital Corp I (code: CCCM) to form ProCap Financial, a Bitcoin-native financial services company with a valuation of $1 billion. Pompliano has completed $750 million in financing, setting a record for the highest initial fundraising in the history of Bitcoin-related listed companies. The new company will hold Bitcoin assets and develop products and services around it.
Market News: Polymarket Raises Nearly $200 Million, Valuation Exceeds $1 Billion
On June 24, market news: Polymarket raised nearly US$200 million in financing, with a valuation of over US$1 billion.
On June 24, Digital Asset, the developer of the privacy blockchain Canton Network, announced the completion of a $135 million strategic financing round led by DRW Venture Capital and Tradeweb Markets, with participation from BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Virtu Financial, Paxos and other well-known companies in traditional finance and encryption.
Kalshi plans to raise $100 million at a valuation of $1 billion, with Paradigm participating
On June 26, according to market news: prediction market Kalshi plans to raise $100 million at a valuation of $1 billion, with Paradigm participating in the investment.
On June 26, Zama, a crypto company that provides fully homomorphic encryption (FHE) for blockchain, announced the completion of a $57 million Series B financing round, led by Blockchange Ventures and Pantera Capital. This financing will bring Zamas total financing to more than $150 million, with a valuation of more than $1 billion, making it a unicorn club. The Zama protocol allows developers to build encrypted decentralized applications (dapps) without deep cryptographic expertise, with a wide range of use cases, from confidential stablecoin issuance and asset tokenization to private identity authentication and governance in network state.
DeFi infrastructure company Veda completes $18 million financing, led by CoinFund
On June 23, DeFi infrastructure company Veda announced the completion of an $18 million financing round led by CoinFund. The company aims to simplify DeFi returns across blockchain applications and institutions. The new funds are intended to be used to support its platform to enable applications and institutions to provide simplified crypto-yield products, including a modular vault framework that allows developers to create smart contracts to manage yield strategies without exposing users to the complexity of DeFi.
Decentralized exchange GTE completes $15 million Series A financing, led exclusively by Paradigm
On June 23, Paradigm recently announced that it exclusively led the $15 million Series A financing of the decentralized trading platform GTE (Global Token Exchange). The platform calls itself the worlds fastest DEX and aims to challenge the performance of centralized exchanges such as Binance and Coinbase.
Blueprint Finance announces $9.5 million in funding led by Polychain Capital
On June 23, DeFi startup Blueprint Finance announced the completion of a $9.5 million financing led by Polychain Capital, with participation from YZi Labs and VanEck. Blueprint aims to simplify the lending process of crypto assets, and has launched Concrete, a lending product that supports EVM chains, and Glow, an integrated platform based on Solana. Blueprint plans to use the new funds for recruitment, technology development, and market expansion. The company has raised a total of $17 million.
Blockchain game developer Endless Clouds completes $6.25 million in financing and launches token END
On June 23, Immutable announced on the X platform that blockchain game developer Endless Clouds has completed a $6.25 million financing round, with institutional investors such as Animoca Brands and IdeoCo Labs, as well as a group of industry angel investors such as Robbie Ferguson (Immutable), Luca Netz (Pudgy Penguins), and Stani Kulechov (founder of AAVE) participating in the investment. At the same time, Endless Clouds also announced the launch of the token END, which will power the Endless Clouds ecosystem (especially Treeverse).
Yield.xyz Completes $5 Million Strategic Funding, Led by Multicoin Capital
On June 28, Yield.xyz announced the completion of a $5 million strategic round of financing, led by Multicoin Capital. The company, formerly known as Omni, was acquired by Echo Base this year and is committed to providing a one-stop DeFi yield infrastructure for applications.
Web3 game company SpekterGames completes $5 million Pre-seed round of financing, led by a16zSpeedrun
On June 28, Specter Games announced the completion of a $5 million Pre-seed round of financing, led by a16zSpeedrun, with participation from LondonVenturePartners, BRVCapital, Chamaeleon, AcceleratorVentures, Impact 46, VersusVentures and AlumniVentures.
Digital asset investment platform Jarsy completes $5 million Pre-Seed financing, led by Breyer
On June 27, digital asset investment platform Jarsy raised $5 million in a Pre-Seed round of financing, led by Breyer Capital, with participation from Karman Ventures and several angel investors.
On June 28, DePIN ecosystem startup dKloud announced the completion of a US$3.15 million strategic round of financing, with participation from Animoca Ventures, Blizzard Fund, Baboon.VC, Telos Foundation, TPS Capital and others under Animoca Brands. The new funds are intended to be used to build a decentralized cloud infrastructure platform to support the connection of DePIN with enterprise-level information technology (IT), helping companies to deploy applications using cryptocurrencies and fiat currencies.
On June 24, the on-chain derivatives trading platform Sphinx announced the completion of a $2 million Pre-Seed round of financing, led by Eckhardt Capital, with participation from Big Brain Holdings, Blockchain Founders Fund, Blizzard, TRIVE Ventures, Cosmos Hub, London Real Ventures, GS Futures, Andrew Durgee, Stefan Rust, Zachary Keats and others.
On June 27, Dubai-based blockchain startup Byzanlink announced the completion of a $1 million private round of financing. Investors include Outlier Ventures, NTDP Saudi, Smart IT Frame, Sensei Capital and other institutional investors as well as several angel investors.
AI Trusted Identity Network Trusta.AI Completes New Round of Financing
On June 26, AI trusted identity network Trusta.AI announced the completion of a new round of financing. The specific amount of financing was not disclosed. Consensys, Starknet, GSR, UXLINK ecological fund UFLY Labs and others participated in this round of financing. The funds will be used to deepen the construction of encrypted digital identity and trust networks, and promote the secure interaction between human users and AI agents in the Web3 world.
On June 23, Durian.Win, a CeDeFi on-chain broker focusing on contract trading, announced that it had received investment from MEXC Ventures to help it further improve its on-chain brokerage service system with community-driven and deep liquidity as the core.
On June 27, according to an official announcement, TownSquare, a modular money market protocol built on Monad, announced the completion of a builder round of financing. Institutional investors include Typhon Ventures, Bixin Ventures, Dorahacks Ventures, Mulana Capital and Ankaa.
