Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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One-week financing express | 46 projects have been invested; the total disclosed financing is about 1.189 billion US dollars (11.8-11.14)
Azuma
Odaily资深作者
@azuma_eth
2021-11-15 07:54
This article is about 14604 words, reading the full article takes about 21 minutes
The popularity of DeFi has picked up significantly.

According to Odaily’s incomplete statistics, a total of 46 domestic and overseas blockchain financing incidents were announced during the week from November 8th to November 14th, a slight increase from last week. The data has declined.

The main reason for the decrease in the total amount of financing is that there was only one financing event of the level of hundreds of millions of dollars in the past week (4 cases last week), and the project that was invested was the blockchain game platform Forte. A massive $725 million funding round led by Sea Capital and Kora Management. Although there are few financing events at the level of hundreds of millions of dollars, in the past week, many projects have received financing at the level of tens of millions of dollars. Among them, the most noteworthy project is Matter Labs (zkSync), the leader of the ZK Rollup expansion solution, on Solana Crypto startup Neon Labs, which builds an EVM development environment, and Alt, a collectible card trading platform.

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):

Blockchain gaming platform Forte completes $725 million Series B financing, led by Sea Capital and Kora Management

Blockchain game platform Forte announced the completion of a $725 million Series B round of financing, led by Sea Capital and Kora Management, with participation from a16z, Tiger Global, Solana Ventures, Polygon Studios, Cosmos, Animoca Brands, and Warner Music Group. The new financing will be used to expand the service and work with more game publishers. Forte's platform is currently invite-only and in private beta. It claims to have more than 40 game developer partners. It is reported that developers use the Forte platform to integrate blockchain technology into their games, supporting functions such as NFT casting and sales, and payment methods. A spokesperson for Forte said that the company does not operate its own blockchain, but instead works with various L1 and L2 blockchain providers, such as Ethereum, Cosmos, Solana, XRP Ledger, Polygon, and others, to make the game Developers are able to create tokens and community economies.

According to previous news in May, Forte received US$185 million in Series A financing, with a valuation of US$1 billion. This round of financing was led by venture capital fund Griffin Gaming Partners, with participation from Union Grove Venture Partners, a16z, Battery Ventures, and early-stage venture capital firm Canaan. (The Block)

Collectible card trading platform Alt completes US$75 million Series B financing at a valuation of more than US$325 million, led by Spearhead

Collectible card trading platform Alt completes US$75 million Series B financing at a valuation of more than US$325 million, led by Spearhead, Seven Seven Six, Vibe Capital, Breyer Capital, Shrug Capital, Apollo Projects, Hyperguap, A*, Tom Brady, Giannis Antetokounmpo Private investors including , Alex Morgan, Candace Parker and Marlon Humphrey participated in the round. Alt just completed $ 31 million in financing in March this year. The fresh funds will be used on a hiring spree, launching a mobile app and expanding the range of properties traded. Current plans include sneakers, watches, and NFTs. The company is also exploring lending services that use users' trading cards stored with Alt as collateral. (Tech Crunch)

UXD Protocol, the Solana ecological algorithmic stablecoin protocol, raised more than $57 million for the insurance fund

UXD Protocol, the Solana ecological algorithm stablecoin protocol, announced to raise USD 57,086,131 for the insurance fund through IDO, and said that the insurance fund has sufficient funds to withstand the funding rate of the bear market, and will increase the utility of UXD. The insurance fund will first invest in Saber and Mercurial Finance stable currency swap LP tokens to obtain income, and then the income will flow into the insurance fund. These funds will be distributed in half to Saber’s USDT-USDC pool and Mercurial Finance’s wUSD 4Pool.

In the future, the insurance fund will invest in the UXD-USDC pool to increase the liquidity of UXD. Insurance Fund Address: 5gPD5fuQe77inQRoRAtp6KtzU6HYavMkMcYhXufLRKXt. In addition, UXP has been listed on Serum, and there will be a market maker to provide liquidity in the future. The IDO is complete and the team will now focus on launching the stablecoin UXD on the mainnet.

zkSync development company Matter Labs completes $50 million in Series B funding led by a16z

News Matter Labs, the development company of zkSync, the second-layer solution for Ethereum, announced the completion of US$50 million in Series B financing, led by Andreessen Horowitz (a16z). Other investors include Placeholder, Dragonfly, 1kx, Blockchain.com, Crypto.com, Consensys, ByBit , OKEx, Alchemy, Covalent. In addition, the founders and leaders of AAVE, Paraswap, Lido, Futureswap, Gnosis, Rarible, Aragon, Liquity, Celer, Connext, Perpetual, Euler, Opium and other projects participated in the investment. Matter Labs intends to use the funding to expand its science and engineering teams and to fund the growth of its business.

Cloud provider and Ethereum miner CoreWeave lands $50M from Magnetar Capital

Cloud service provider and Ethereum miner CoreWeave received a $50 million investment from Magnetar Capital, and Galaxy Digital is CoreWeave's exclusive financial advisor and exclusive placement agent for this financing. CoreWeave CEO Michael Intrator said that the financing will be used to expand the business and provide high-performance computing infrastructure to the industry. The company said its cloud business has grown 271% over the past three months and expects total revenue to triple in 2021. It is reported that CoreWeave mainly operates cloud services to mine Ethereum through the unused local computing power of its customers. The company said in a statement that it currently operates an ethereum hashrate of more than 1,200 GH/s, making it one of the largest ethereum miners in North America. (CoinDesk)

Crypto Startup Neon Labs Building EVM on Solana Raises $40M Led by Jump Capital

Neon Labs, an encryption start-up company building an EVM development environment on Solana, has completed $40 million in private equity financing, led by Jump Capital, and participated by Three Arrows Capital, Solana Capital, Rockaway Blockchain Fund, Ethereal Ventures, and IDEO CoLab Ventures. With the new funding, the company plans to grow its current team of 15 to more than 30 in the coming months, and is now hiring developers as well as marketing and business talent to continue building its product.

Neon Labs CEO Marina Guryeva said that Neon Labs’ EVM is currently running on the Solana testnet and devnet, and will be launched on the mainnet “soon”. It will allow Ethereum-based DApps to be more easily deployed on Solana. It is understood that Neon is a software environment on Solana that allows developers to use EVM to build applications, including writing smart contracts using Vyper or Solidity language. (The Block)

Cosmos-based smart contract platform Agoric raises $32 million and launches mainnet

Agoric, a Cosmos-based smart contract platform, raised $32 million through token private placement and launched the main network. It also plans to release AMM and the native stable currency RUN. Agoric’s investors include Polychain and Naval Ravikant, etc. Placeholder, NGC Ventures, Spartan Group, Spark Digital Capital, Compound VC, Acrew Capital, Figment, LD Capital, Chorus.One participated in this round of token private placement financing. Agoric’s total funding to date brings it to $38 million.

Agoric will reward early developers with its native Build (BLD) token, said Agoric co-founder and CEO Dean Tribble. (The Block)

Liquidity providing platform WOO Network completes US$30 million Series A financing, with participation from Three Arrows Capital and others

Liquidity providing platform WOO Network completed USD 30 million Series A financing with 200% oversubscription, Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, Crypto.com Capital, AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital , BitMart, 3Commas Capital, TokenInsight Research, AVATAR (Avalanche Asia Star Fund) and ViaBTC Capital participated in the investment. Part of the funds from this round of financing will be used for talent recruitment and the opening of a new R&D center in Warsaw, Poland, to accelerate global market expansion. In addition, the new financing will also be used to develop new product lines, such as futures, social transactions, and innovative DeFi transactions and returns class products. (PR Newswire)

Encrypted mining company MineOne completed the first round of financing of more than 20 million US dollars, and plans to raise 200 million US dollars in the future

Since its establishment last month, the encryption mining company MineOne has completed the first round of financing of more than 20 million US dollars, and has now opened the second round of financing. The company said it plans to raise $200 million in the future and expand its global operating capacity to 400 megawatts by the end of 2022. The company currently has 80,000 mining machines, which it expects to grow to 135,000 by the end of next year. According to the official website, MineOne has a fully operational capacity of 50 MW in Russia and Kazakhstan, and plans to deliver another 30 MW in the US by the end of this year. MineOne is building the East Point, Georgia, mine for its U.S. operations and expects about half of its mining rigs to be operational by December 2021 and the other half by April 2022. The company is also building a mine in Alberta, Canada, which is expected to come online in December with an operating capacity of 20 MW, with an additional 70 MW expected to be added by April 2022. (CoinDesk)

Encrypted AML service company Notabene raises $10.2 million led by Jump Capital and F-Prime Capital

Notabene, which provides anti-money laundering (AML) services for cryptocurrency companies, completed a $10.2 million Series A financing, led by Jump Capital and F-Prime Capital, Luno, Bitso, Blockfi, Gemini Frontier Fund, Illuminate Financial, CMT Digital, Fenbushi Capital , Castle Island Ventures, Green Visor Capital Charlie Delingpole (ComplyAdvantage CEO) participated in the investment. Jump Capital partner Peter Johnson will serve on Notabene's board of directors. (CoinDesk)

Encryption exchange CoinMENA completes $9.5 million in seed round financing, Alameda Research and others participated in the investment

Bahrain-based fiat-to-crypto exchange CoinMENA completed a $9.5 million seed round of financing, with participation from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, Alameda Research, and Girnas Capital.

It is reported that CoinMENA was launched by Dina Saman, Talal Tabbaa, and Yazan Barghuthi in early 2021 to promote convenient and safe crypto investment in the Gulf region, focusing on Bahrain, the United Arab Emirates, Saudi Arabia and other regions in the Middle East and North Africa market. The company is a fully regulated onshore crypto exchange authorized by the Central Bank of Bahrain. (Forbes)

Encrypted payments app Ziglu completes £7.19 million crowdfunding

Encrypted payments app Ziglu has closed its crowdfunding early after raising £7.19 million on Seedrs, which was originally scheduled to close on November 12. (Finextra)

Blockchain platform Telos completes $8 million financing led by John Lilic

Blockchain platform Telos raised $8 million led by ConsenSys and Polygon investor John Lilic. The funding, which comes ahead of the launch of Telos’ Ethereum Virtual Machine (EVM) platform, is backed by a group of five prominent crypto investors who intend to help Telos with “deep industry relationships and transactional expertise” to Help realize the rapid launch of exchanges and DeFi plans. As part of the transaction, investors received 1.7% of the total supply of TLOS tokens.

In addition to improving the liquidity of the ecosystem, Telos aims to repurpose recently acquired funds for the development and marketing of the platform, “without resorting to the TLOS token sale if a prolonged bear market scenario emerges in the coming year.” (Cointelegraph)

Open source AMM Saddle completes $7.5 million financing, led by Polychain and Electric Capital

Open-source automated market maker (AMM) Saddle completed a $7.5 million financing, led by Polychain and Electric Capital, and participated by Nascent and Project Galaxy. The company previously raised $4.3 million in January. Saddle founder Sunil Srivatsa said the funding will allow Saddle to continue advancing its product, enabling value-pegged crypto assets to achieve efficiency, profitability and growth. Saddle plans to expand the team, help introduce low-slip stablecoins to every chain in DeFi, enable Saddle to better serve the multi-chain future, and invest in the Saddle community and creator metaverse. (CoinDesk)

Solana Ecological Lending Agreement Jet Protocol Completes USD 6.8 Million Financing, Paradigm and Others Participate

The Solana ecological lending agreement Jet Protocol completed a financing of US$6.8 million. Paradigm, Reciprocal Ventures, Solana Capital, GSR, Three Arrows Capital, AscendEX, SkyVision Capital, and TPS Capital participated in the investment. The funds raised will be used to help Jet’s agreement, governance and Scalable product ideas into the real world.

Spectral, an Ethereum-based programmable reputation protocol, completes $6.75 million in financing, led by Polychain Capital

Spectral, a programmable reputation protocol based on Ethereum, announced the completion of $6.75 million in financing, led by Polychain Capital, with Mike Novogratz’s Galaxy Digital, Chamath Palihapitiya’s Social Capital, ParaFi Capital, Edge & Node Ventures (The Graph), and MetaPurse Ventures participating .

Spectral develops infrastructure for assessing credit risk in Web3 and lays the framework for a new asset class of programmable reputation. Spectral's first product is an on-chain credit score that provides lenders with an improved mechanism for assessing borrower risk and grants users full control over their identity and pseudonym on the blockchain. (Globenewswire)

NFT game infrastructure company GuildFi completes $6 million in seed round, led by DeFiance Capital and Hashed

GuildFi, a Thai NFT game infrastructure company, has completed a US$6 million seed round of financing, co-led by DeFiance Capital and Hashed, with participation from Pantera Capital, Coinbase Ventures, Alameda Research, Animoca Brands, Dapper Labs, Play Ventures, Coin98 Ventures and SkyVision Capital. GuildFi takes gaming guilds to a new level by developing Web3 infrastructure to connect games, NFTs, and communities, with the aim of maximizing player lifetime benefits and achieving interoperability across metaverses. (Deal Street Asia)

Solana-Based Zebec Protocol Raises $5.5M Led by Republic Capital, Shima Capital and Breyer Capital

Solana-based Zebec Protocol announced the completion of $5.5 million in financing, led by Republic Capital, Shima Capital, and Breyer Capital, with participation from Launchpad Capital, Meltem Demirors, Resolute Ventures, Infinity Ventures Crypto, and Joe McCann. Zebec CEO Sam Thapaliya said that half of the new financing will be used to expand Zebec's developer ecosystem, and the rest of the funds will be used to launch products as soon as possible and provide more features. Zebec's near-term plans include bringing the product to market with a private sale in December and a public sale in February, Thapaliya said. The company is also preparing for the SHIP 2021 Hackathon sponsored by the Solana Foundation.

According to reports, Zebec Protocol can provide real-time and continuous salary payments to employees. Its first application is Zebec Payroll, a tax-compliant on-chain processing system that allows workers to receive USDC or other stable currencies as compensation in real time. Employees can choose to withdraw all their money, automatically convert some of their paychecks to mainstream cryptocurrencies, or distribute funds to compliant crypto IRA and 401k accounts. (CoinDesk)

The blockchain project Massa Labs completed a financing of 5 million euros, and ZBS Capital and others participated in the investment

The blockchain project Massa Labs announced the completion of 5 million euros in financing, with participation from BlueYard, Acecap, Numeus, Charlie Songhurst, Dascof, Mediapps, Ariane Capital, Andurance Ventures, Aussie Capital, ZBS Capital, Bpifrance, etc. It is reported that the Massa test network was launched on July 17 and is currently in the third phase, and developers are working on developing its smart contract functions.

Metaverse project ALL.ART completes $4.5 million in private equity financing, led by Delphi Ventures

According to official news, Metaverse project ALL.ART announced the completion of $4.5 million in private equity financing, led by Delphi Ventures, Solidity Ventures, Solana Ventures, Huobi Ventures, SolarEcoFund, SkyVison Capital, NGC, Infinity Ventures Crypto, CoinUnited, Ausvic Capital, Prometheus Labs, GSR, Banter Capital, Ox Ventures, Solanium, Wave7, SMO Capital, Bitcoin Addict, Octopus Crypto Capital, Spark Digital Capital, Legion Ventures, Paribus, Alves Ventures and 1010 Capital participated in the investment. The financing will be used to create the necessary infrastructure to integrate next-generation NFTs into the Metaverse.

Japanese Yen Stablecoin Issuer JPYC Receives Over $4.4 Million in Series A Financing, Circle Ventures Participates

JPYC, a Japanese yen stablecoin issuer, received 500 million yen (approximately US$4.43 million) in Series A financing, led by Headline Asia, and Circle Ventures, a venture capital fund launched by Circle, the USDC issuer, participated in the investment. JPYC stated that this round of financing will be used to consolidate its position as the issuer of the yen stable currency, improve operation and development capabilities, and acquire prepaid payment tools for third-party businesses. (CoinDesk)

Blockchain query node framework Subsquid completes $3.8 million seed round financing led by Hypersphere Ventures

According to official news, Subsquid, a Substrate-based blockchain query node framework, announced the completion of a $3.8 million seed round of financing led by Hypersphere Ventures, Zeeprime Capital, Lattice Capital, Illusionist Group, Digital Finance Group (DFG), Jsquare, SMAPE Capital, 0xVentures, Signum Capital, Bware Labs, Signal Ventures, D1 Ventures, Faculty Group, DIA Association, Zeitgeist, Chainflip, Astar Network, Shiden Network, KodaDot, etc. participated in the investment.

Gamefi platform and Polkadot ecological NFT market Pacific completed multi-million dollar financing, NGC Ventures and others participated in the investment

The Gamefi platform and Pacific, the Polkadot ecological NFT market, announced the completion of multi-million dollar financing. Major investors include Candaq, NGC Ventures, Krypital Group, Gate Labs, Dealean Capital, Cabin VC, Waterdrip Capital, PAKA, Kernel Ventures, Litentry Foundation, Bitmart, ZB Capital, ZT Global, Catcher VC, R8 Capital, 7 O'Clock , WebX, IOBC Capital, VEGA Ventures, WTMC, DefinanceX and other venture capital institutions. In addition, the project also attracted industry professionals, including Cobak, Mag-Net, NewTribe Capital, Oracles Investment Group, Dutch Crypto Investors, Cryptonesia, Exnetwork, Altcoin Buzz, DeltaHub, Kangaroo Capital, etc. from South Korea, the Middle East, Europe, and Indonesia , Philippines, Vietnam, India, Australia and other countries and regions of community organizations and institutions.

DeFi derivatives platform Clear Protocol raised $2.5 million, Huobi Ventures, LD Capital and others participated in the investment

Clear Protocol, a DeFi derivatives platform that allows users to build custom derivatives, has completed $2.5 million in private placement financing, Huobi Ventures, Kronos Research, SpringWind Ventures, Double Peak Group, Markarian Capital, Gate.io Labs, VRM, Hoo Cub Fund, AC Capital , DWeb3 Capital, Foresight Ventures, AlphaCoin Fund, NFVentures, Mintable Fund, NPC DAO, LD Capital, StillWater Research participated in the investment.

It is reported that Clear is a decentralized derivative protocol. The Clear SDK provides templates and tools to enable developers and traders to easily create options, notes, futures and swaps and launch marketplaces to facilitate trading of these products. Its public beta is expected to be released by the end of 2021, with an official release in the first quarter of 2022. The protocol has already been deployed on Binance Smart Chain (BSC) and the Ethereum testnet, and is looking to deploy on Solana and Arbitrum.

Metaverse platform DigiNation completes US$2.4 million in financing, Spark Digital Capital and others participate in the investment

Metaverse platform DigiNation announced the completion of US$2.4 million in financing, Longhash Ventures, OKEx Blockdream Ventures, Huobi Ventures, RareStone Capital, Spark Digital Capital, Yuanyuzhou Ventures, 21DAO Ventures and others participated in the investment. The funds raised will be used for product delivery, blockchain and Metaverse technology research, and marketing.

The lending agreement Themis completed a $2 million private placement round of strategic financing, with participation from DAO Maker, NfX, Chain Financial and LD Capital

Lending agreement Themis has completed a US$2 million private placement round of strategic financing, with participation from DAO Maker, NfX, Chain Financial and LD Capital, and other investors. The funds will be used to deploy the Uniswap v3-compatible protocol, allowing NFTs to be lent, spent, and used as collateral. Themis will be generally available later this year. Themis Protocol is a decentralized encrypted lending protocol that provides NFT mortgage loans through historical transaction data.

NFT social platform Pulsr completed $2 million in financing, Sequoia Fund and others participated in the investment

Pulsr, an NFT social platform focused on price discovery, has completed $2 million in financing. Investors include Spartan Group, Sequoia Fund, Future Fund, Anthony Pompliano, and TokenSoft CEO Mason Borda.

Pulsr, scheduled to launch on Nov. 11, will use the funding to build an AI-powered search, wallet, and token for NFT curation. Prioritizing visual exploration and price discovery, Pulsr hopes to create a beautifully designed and easy-to-use experience for individual users. Pulsr project builder Maxine Ryan previously served as COO of crypto remittance startup Bitspark, which shut down in early 2020. (The Defiant)

Proof-of-Stake Network Trusted Node Completes $2 Million Private Equity Funding Led by Plutus VC

Proof of Stake (PoS) network Trusted Node completed $2 million in private equity financing, led by Plutus VC, with participation from Lion DAO, NIOX DAO, Tavis Digital, and Primo Consulting. (Globe News Wire)

Decentralized Disable Switch App Sarcophagus Raises $1.8M Led by Placeholder Ventures

It is reported that Sarcophagus is a decentralized disable switch application based on Ethereum and Arweave. Users can upload files in Sarcophagus and specify the recipient of the private key. If the user fails to perform an action in the future or the set time expires, the recipient will receive the private key to open the user's files stored in Arweave. Usage scenarios include wills and trusts, password recovery, credential storage, etc.

It is reported that Sarcophagus is a decentralized disable switch application based on Ethereum and Arweave. Users can upload files in Sarcophagus and specify the recipient of the private key. If the user fails to perform an action in the future or the set time expires, the recipient will receive the private key to open the user's files stored in Arweave. Usage scenarios include wills and trusts, password recovery, credential storage, etc.

Web3.0 creator economy platform Darkblock completes $1.7 million in seed round financing, led by Greenfield One and A&T Capital

According to official news, Web3.0 creator economy platform Darkblock announced the completion of a $1.7 million seed round of financing, led by Greenfield One and A&T Capital, with participation from Smape Capital, Unpopular Ventures, Arweave, and Arweave open web incubator Open Web Foundry. Meanwhile, Darkblock has also launched a web and TV app that artists and creators can use to upgrade their NFTs for free to include exclusive content reserved for NFT owners.

Wicrypt Network, a blockchain WiFi sharing network, raised $1.5 million, led by AU21 Capital

Wicrypt Network, Africa's first blockchain-based WiFi sharing network, completed $1.5 million in financing, led by AU21 Capital, Sandeep Nailwal (founder of Polygon), Cardano's Occam, Inclusion Capital, Outlier Ventures, Chain Capital, Pluto Digital Assets, Omega Ventures, N7 Labs, and PolkaFoundary participated in the investment.

Cardano-Based DeFi Protocol Ardana Raises $1.5M Through IDO

Ardana (DANA), a Cardano-based DeFi protocol and stablecoin minting tool, completed the sale of its core native governance token DANA. According to an official statement shared by the Ardana team, its two-stage IDO on Tokensoft and OccamRazer has completed, raising a total of $1.5 million. (U. Today)

Bitcoin-based DEX StackSwap completes $1.3 million in financing led by Stacks Foundation

News StackSwap, a decentralized exchange and start-up platform based on the Bitcoin network, has completed $1.3 million in private equity financing, led by Stacks Foundation, and participated by HashKey, Genesis Block Ventures (GBV), and SOSV. StackSwap will launch the first full-featured DEX running on the Bitcoin layer in November. The long-term vision of StackSwap is to become the largest DEX on the Bitcoin network.

Seeded Network, a decentralized lending platform, completed a financing of US$1.25 million, and X21 Digital and others participated in the investment

Seeded Network, a decentralized lending platform based on Solana, announced the completion of a US$1.25 million seed round and private equity round of financing. This round of financing was led by Solar Eco Fund, X21 Digital, Athena Ventures, HG Ventures, Kangaroo Capital, ZBS Capital, Rainbow Three, Golden Shovel , Sunshine Dragon, Top 7 IC0, Bitcoin Addict, Dust Ventures and Mandy IC0 Research participated in the investment.

Chain game Kingdom Raids completes USD 750,000 seed round financing led by Animoca Brands

The blockchain P2E role-playing game Kingdom Raids has completed a $750,000 seed round of financing, led by Animoca Brands and participated by Kingsway Capital. The financing funds will be used for the development and expansion of Kingdom Raids. Kingdom Raids also said Yat Siu, executive chairman and co-founder of Animoca Brands, has served as an advisor to the project.

Red Shirt Capital and Founders Fund lead the strategic round of financing for Parallel Finance, with a valuation of $250 million in this round

According to official news, Parallel Finance, the Polkadot ecological DeFi parallel chain, announced the completion of a new round of strategic financing. This round of financing was led by Sequoia Capital and Founders Fund. The financing funds will be invested in project ecology, marketing and human resources in the next 6 to 12 months, and will be subject to security audits.

Parallel is currently conducting Polkadot’s first round of card slot auctions, and has launched the first Auction Loan platform that provides liquidity solutions for Crowdloan. Currently, about 70 hours after its launch, the TVL has exceeded 56 million US dollars, and there are more than 10,000 users contribute to participating auction projects through the Auction Loan product.

Parallel’s current round of financing is the first investment in the DeFi field and Polkadot field by VC giant Sequoia Capital and Peter Thiel’s Founders Fund. After this round of investment, the valuation of Parallel Finance has also reached a valuation of 250 million US dollars.

Deri Protocol Receives Investment from "Binance's $1 Billion Growth Fund"

Deri Protocol, a decentralized derivatives protocol, received an undisclosed investment from the Binance $1 Billion Growth Fund. The funds will be used to develop new DeFi derivative products and optimize the product experience of traditional financial users and users in the encryption field. Deri Protocol was announced on October 31 as one of the first pilot projects for Binance’s $1 billion growth fund.

ArkStream Capital strategically invests in Food Metaverse OneRare

News Food Metaverse OneRare tweeted that ArkStream Capital became its investor and strategic partner and will help OneRare build its Foodverse.

Nexo Makes Strategic Investment in SEC Licensed Broker-Dealer Texture Capital

Cryptocurrency lender Nexo said it had made a strategic investment in U.S.-regulated broker-dealer Texture Capital, without specifying how much money was involved. Nexo aims to avoid the fate of cryptocurrency lenders BlockFi and Celsius, whose products were deemed unregistered securities by numerous regulators. Nexo said Tuesday that Texture Capital has been licensed by the SEC to issue and trade digital asset securities and is registered in all 50 U.S. states. (CoinDesk)

Sanctor Capital Strategically Invests in P2E Trading Card Game Developer Rainicorn

Sanctor Capital, a venture capital firm, announced a strategic investment in Rainicorn to support The Lords of Light, a Play-to-Earn trading card game it is developing. It’s one of Sanctor Capital’s first investments in a new $20 million fund focused on GameFi. (Bitcoinist)

Cross-chain NFT protocol ENVELOP completes the first VC investment transaction through NFT

According to official news, the cross-chain NFT protocol ENVELOP uses the NFT mechanism to carry out VC investment transactions in the market. Vladislav Martynov, head of the Ethereum Competency Center Russia, co-founder of BlockGeeks, well-known visionary and venture capitalist, became the first person to receive an NFT containing a certain amount of locked project tokens Venture investors involved in the transaction.

ENVELOP has already received support from some investors, including Animoca Brands, Waterdrip Capital, Moonrock Capital, Damo Labs, YBB Foundation, gate.io, ZB.com, Autonomy Capital, LD Capital, LucidBlue Ventures, Lancer Capital, Cypher Ventures, etc.

It is reported that ENVELOP is a flexible cross-chain toolset that can provide NFT with any new features (economic settings, on-chain usage fees, leasing mechanisms, time/value/event locks), scoring and anti-fraud systems.

NFT game KingdomX Completes Seed Round Financing, DAO Maker, LD Capital Participate

NFT war game KingdomX has completed its seed round of financing, with participation from DAO Maker and LD Capital. It is reported that KingdomX is a strategic war game based on blockchain. Everyone can earn tokens from the game. Players can fight, collect, and build their own kingdoms in the game. The entire ecosystem is designed around the Gamefi protocol.

Solana-based P2E chain game MixMob completes angel round financing, Solana Ventures and others participate

MixMob, a Solana-based P2E (Play to Earn) chain game, completed an angel round of financing. The specific financing amount was not disclosed. Solana Ventures, DeFiance Capital, QCP Capital, Merit Circle, Arthur Haye, Darren Lau, founder of The Daily Ape, CEO of Nansen Alex Svanevik, Ascensive Assets partner Oliver Blakey, Bluzelle Networks founder Pavel Bains, QCP/PSV, Wilder World CEO and co-founder Dave Waslen, DeZy Finance CEO Eric Dadoun and others participated in the investment. Next, MixMob will work on Work on new visuals for the game, rare masks, more pre-release challenges, and more.

MixMob is developed by game professionals who have worked in companies such as Halo, FIFA, Pokerstar, Nintendo, etc., including card strategy and racing games, players can take a complete massively multiplayer online game (MMO) experience journey.

AvStar Capital Strategically Invests in Learn-to-Earn Decentralized Platform Meland.ai

Indonesian venture capital company AvStar Capital has reached a strategic partnership with the Learn-to-Earn decentralized platform Meland.ai and invested in Meland.ai. It is reported that MELD, the utility token of the Meland.ai platform, enables users to create and run their own quizzes, develop, control and monetize their gaming experience on the Ethereum blockchain.

DEC.ventures invests in multi-chain asset lending protocol Amara Finance

DEC.ventures announced to invest in Amara Finance, a multi-chain asset lending agreement in the Polkadot ecosystem.

NBA team Dallas Mavericks owner Mark Cuban becomes Blocto's strategic investor and advisor

According to official news, NBA team Dallas Mavericks owner Mark Cuban has now become a strategic investor and advisor of cross-chain smart contract wallet Blocto.

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