According to Odaily’s incomplete statistics, a total of 16 blockchain financing incidents at home and abroad were announced in the week from June 21 to June 27, showing a decreasing trend for two consecutive weeks. As of June 20), it was basically flat.
Last week, the North American mining company Stronghold Digital Mining received the largest amount of investment in a single deal, with an amount of US$105 million. Its business direction is to convert waste coal into electricity, and then mine Bitcoin and other cryptocurrencies.
The following are the specific financing events (sorted according to the announced amount):
The following are the specific financing events (sorted according to the announced amount):
Crypto mining company Stronghold raises $105 million to turn waste coal into mining electricity
Stronghold Digital Mining, a Pennsylvania-based bitcoin mining company, has announced that it has raised $105 million in funding through two private placements. The company said it plans to use the $105 million in funding to further fund recovery efforts in Pennsylvania, buy crypto mining hardware and turn waste coal into electricity for mining bitcoin and other cryptocurrencies. (The Block)
Amber Group completes over US$100 million in Series B financing
According to several foreign media reports, Amber Group, a global encrypted financial intelligence service provider, announced that it has completed over US$100 million in Series B financing, with a valuation of more than US$1 billion. Investors in this round include Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, A&T Capital, Sky9 Capital, DCM Ventures, Gobi Partners, etc. In addition, old shareholders Pantera Capital, Coinbase Ventures and Blockchain.com also continued to follow suit.
Chainalysis, a blockchain analysis company, announced the completion of a $100 million Series E financing at a valuation of $4.2 billion, led by Coatue, just three months after its last round of financing.
On March 26th, Chainalysis announced that it had completed its Series D financing of US$100 million at a valuation of more than US$2 billion. Paradigm led the investment, TIME Ventures participated in the investment, and existing investors Addition and Ribbit continued to invest. (CoinDesk)
Digital asset securities company Securitize announced the completion of a $48 million Series B round of financing led by banking giant Morgan Stanley, with participation from Ava Labs, IDC Ventures, Migration Capital, NTT Data, and Sumitomo Mitsui Trust Bank. It is reported that this is Morgan Stanley's first investment in the blockchain business. Securitize is building a DLT platform that will enable investors to trade shares and other assets of privately held companies. (U. Today)
Encrypted intelligence startup CipherTrace completed a $27.1 million Series B round led by Dan Loeb's Third Point Ventures, with early investors Neotribe, Acrew and Seraph Group participating. CipherTrace chief executive Dave Jevans said the company had secured 12 months of solid business from asset recovery and insurers and was now looking to banks. CipherTrace sells compliance tools to cryptocurrency exchanges, government investigators and banks. It compiles wallet intelligence to help organizations track transactions, but does not share personal data. (CoinDesk)
Paris-based cryptocurrency market data and research provider Kaiko has closed a $24 million Series A round led by Anthemis and UnderscoreVC, and plans to open an Asian office in Hong Kong or Singapore later this year. Kaiko started providing encrypted data to the largest players in the market in 2017. Soubiran, who spent nearly a decade as a strategist at HSBC, counts CoinShares, Paxos and Messari as clients, and S&P CapitalIQ, Dow Jones Factiva and Refinitiv as partners. (Coindesk)
Rarible, an NFT platform, has completed a $14.2 million Series A round of financing, led by Venrock, a venture capital fund owned by the Rockefeller family, and CoinFund, a blockchain venture capital firm. Rarible's current architecture is based on the Ethereum public chain, and the NFT market will be launched on the Flow public chain. (Coindesk)
Fixed-rate lending protocol Yield announces $10 million in financing led by Paradigm
Yield, a fixed-rate lending agreement, announced the completion of $10 million in financing, led by Paradigm, with participation from Framework Ventures, Symbolic Capital Partners, CMS Holdings, Variant, and DeFi Alliance. Yield revealed that its platform will soon offer fixed-rate loans integrated with MakerDAO, an Ethereum-based project that mints the DAI stablecoin. (Decrypt)
Cross-border payment network Mercuryo announced the completion of a US$7.5 million Series A financing, led by Target Global, and a group of angel investors participated in the investment. The team says it plans to use the raised funds to launch a cryptocurrency debit card and continue to expand into new markets, such as Latin America and Asia Pacific. Mercuryo's products include multi-currency wallets with built-in cryptocurrency trading and digital asset purchase functions, as well as over-the-counter trading services. (Tech Crunch)
According to official news, the blockchain application incentive platform RabbitHole announced the completion of a $3.6 million seed round of financing, Electric Capital, ParaFi Capital, Framework Ventures, Edge & Node, Chapter 1, Late Checkout, Balaji Srinivasan, Larry Sukernik, MonetSupply, Collab+Currency , Slow Ventures and Tony Sheng participated in the investment.
Risk Harbor Closes $3.25M Seed Funding Round Led by Framework Ventures and Pantera Capital
DeFi insurance platform Risk Harbor completed a $3.25 million seed round of financing, led by Framework Ventures and Pantera Capital, with participation from Bain Capital Ventures, Coinbase Ventures, Nima Capital, and Digital Currency Group. The financing will be used to expand the platform and improve the user interface. (CoinDesk)
Digital asset trading company Blockfills announced that it has completed a round of multi-million dollar financing in May, with participation from Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Holdings, Future Perfect Ventures, Visionary Private Equity Group and JackDaw Capital. Additionally, Blockfills is in the process of raising another "huge amount of additional capital." (Finance Magnates)
Meson Network, a Web3 bandwidth trading market, announced the completion of a new round of multi-million dollar financing, jointly led by Libertus, Mask Network and Hash Global. Other participating institutions include DCG, HashKey Capital, Permanent Ventures, BixinVC, DHVC, Rarestone, LayerX, etc. Overseas individual investors include Arweave founder Sam Williams, Matrix Partners (Global Matrix) GP Josh Hannah, Thomas Bailey, wikiHow founder Jack Herrick, Ani Banerjee, Cecilia Li, CoinShares chief strategy officer Meltem Demirors, etc. In addition, previous round investors Youbi Capital, SevenX Ventures, Zonff Partners, and Incuba Alpha continued to invest more.
Strips Finance, a decentralized fixed-income trading platform, completed a $2.5 million seed round led by Crypto.com Capital, Finlink Capital and Mechanism Capital. DeFiance Capital, Pnyx Ventures, DeFi Alliance, Magic Ventures, and Darren Lau participated in the investment.
Trace Network, an NFT-based enterprise DeFi protocol, completed a strategic financing of US$1.6 million, AU21 Capital, NGC Ventures, OKEx Blockchain Dream Ventures, LD Capital, Morningstar Ventures, Inclusion Capital, Lotus Capital, Spark Digital Capital, Moonrock Capital, Blocksync Ventures, 18. ventures, DAO Maker, Acheron Trading, EthDesign, Genblock Capital, Master Ventures, GBV Capital, Black Edge Capital and Moonwhale Ventures, as well as angel investor Polygon COO and co-founder Sandeep Nailwal participated in the round.
According to official news, InsureDAO, a decentralized insurance market based on Ethereum, announced the completion of a $1 million private placement seed round of financing. Investors include LD Capital, NGC Ventures, Arkstream Capital, OSAZ, Exnetwork Capital, CC, Cryp2Gem Ventures, Faculty Capital, Genblock Capital, Hello Capital and Honey DAO, as well as angel investors Hironao Kunimitsu (Gumi Founder/General Partner of Gumi Cryptos Capital), Richard Ma (QuantStamp CEO), Simon Schwerin and Joeri Van Geelen. InsureDAO said that the test network will be launched soon, and the main network will be launched in August.
