According to Odaily’s incomplete statistics, a total of 43 domestic and overseas blockchain financing incidents were announced during the week of November 22-November 28, a decrease from last week; The data has increased significantly.
The main reason for the increase in the total amount of financing is that there have been several huge financings. Among them, there are 3 financing events of hundreds of millions of dollars. billion), and bitcoin mining technology company Lancium ($150 million).
In addition to the above three companies, several well-known projects have completed financing in the past week, among which the most noteworthy projects are NFT music platform Royal ($55 million), Metaverse sandbox game SpaceY 2025 ($21 million), P2E Game Guild Avocado Guild ($18 million) and more.
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):
Celsius Network’s Series B round of funding has grown to $750 million and is currently oversubscribed, according to Alex Mashinsky, CEO of crypto lending platform Celsius Network. In October this year, Celsius completed a $400 million financing round led by West Cap and CDPQ at a valuation of $250 million.
The new funds will be used to expand product offerings, develop markets, and further connect centralized finance and DeFi through the new project CelsiusX. Celsius has grown to $28.6 billion in assets under management. (Block Works)
Encrypted payment infrastructure company MoonPay announced the completion of a US$555 million Series A equity financing, led by Coatue and Tiger Global, with a post-money valuation of US$3.4 billion. The new financing will be used to hire new employees, expand the geographic reach of the business and add more payment methods. MoonPay co-founder and CEO Ivan Soto-Wright said in an interview that the company will also consider mergers and acquisitions. He also added: "Our next phase is to really try to focus on the emerging movement around NFTs, which we think is going to be a really big area where more and more people are going to enter the crypto economy." Concept, MoonPay is working on a way to simplify the checkout process in the NFT marketplace, and has already begun testing with partners such as OpenSea, Binance, and Dapper Labs. (CoinDesk)
Lancium, a technology company focused on bitcoin mining, has completed $150 million in financing, led by clean energy company Hanwha Solutions. This round of financing is used by Lancium to expand its business model for renewable energy operations in Texas. Lancium plans to start up more than 2,000 megawatts (MW) of Bitcoin mining farms built across Texas in 2022. power capacity. (Nasdaq)
NFT music platform Royal announced the completion of a new round of financing of US$55 million, with participation from a16z, Coinbase Ventures, Paradigm, The Chainsmokers, Nas, Logic&Kygo, etc. It is reported that Royal was launched this year by the well-known American DJ and producer Justin "3LAU" Blau, aiming to help artists create and sell NFT, while providing a new business model, fans can earn royalties by investing in artists' works in return.
According to news on August 26, Royal completed a $16 million seed round of financing, with Paradigm and Founders Fund each injecting $7 million. General partners Fred Ehrsam and Keith Rabois joined Royal’s board of directors. Royal co-founder JD Ross invested $1 million through his own venture capital arm, Atomic, and several angel investors contributed the remaining $1 million. It is reported that by tokenizing songs, Royal divides copyrights into encrypted tokens, which can be purchased and traded by anyone, and may eventually allow fans to claim a small portion of song royalties, aiming to subvert traditional record transactions. Note: Blau sold $11.7 million in NFT albums in February. (Decrypt)
According to official news, Metaverse Play-to-Earn project UniX Gaming announced the completion of financing of 28 million US dollars (8 million US dollars from private financing, 20 million US dollars from Copper public offering), LD Capital, AU21 Capital, Akash Network, Pluto Digital, Master Ventures, Synergia Capital, Akatsuki Inc, Paid Network, Scrypt, Banter Capital, Argo Blockchain, Base Two, Unvest, The Club, Guide Education, Tuition Kit, etc. participated in the investment.
The DeFi end-to-end privacy protocol Panther Protocol announced that it has raised more than US$22 million through public offerings, bringing its total financing to US$32 million. It is understood that Panther Protocol is committed to creating privacy on the public chain for DeFi and Web3 users, and is currently being built on Ethereum, Polygon, Flare, Songbird, NEAR, and Elrond. In addition to developing a set of APIs, SDKs, and custom integrations, Panther will allow developers to provide privacy features in their apps. (Finbold)
The Metaverse sandbox game SpaceY 2025 has completed a $21 million Series A round of financing, with investors including Ash WSB, Draper Dragon, Formless Capital, Huobi Ventures, Zonff Partners, and Magnus Capital, among others. OKEx Blockdream Ventures also made a strategic investment in the game before. SpaceY is committed to building an open-source Metaverse platform, and the new investment will fund further development of the SpaceY series of games. The SpaceY 2025 beta version was released in July 2021, and the full version is expected to be released by the end of November 2021. Steam and mobile versions are planned for 2022. (Yahoo Finance)
NFT non-profit foundation ORIGYN received US$20 million in strategic financing, Hilton Hotel heir and American socialite Paris Hilton, Polychain Capital, hedge fund investor Bill Ackman's Table Management, Coinko, Vectr Ventures, Carter Reum, Div Turakhia, GD10 Ventures, etc. Participate in voting.
ORIGYN currently operates vertical industries including ORIGYN Art, ORIGYN Collectibles, ORIGYN Digital Media, ORIGYN Luxury. Funding from this round of financing will support the foundation's mission and help expand and continuously improve ORIGYN's vertical business. Additionally, it will be used to fund ongoing research and development and bring the foundation's industry partners into the ecosystem.
Avocado Guild, a P2E game guild, completed its Series A financing of US$18 million at a valuation of US$200 million. Animoca Brands led the investment, and Three Arrows Capital, Golden Tree Management, Solana, LD Capital, Hashed, Binance Capital Management, etc. participated in the investment. (CoinDesk)
UK crowdfunding platform Crowdcube raises $13.5 million led by Circle
British crowdfunding platform Crowdcube has raised $13.5 million to expand into Europe. The round was led by payments infrastructure company Circle, with participation from existing investors Balderton Capital and Molten Ventures.
This is Circle's second investment in crowdfunding. In 2019, the company acquired New York-based SeedInvest. However, Circle is looking for a buyer for SeedInvest, The Block reported in February 2020. Most recently, Circle launched a venture capital fund to support early-stage startups in the blockchain space. (The Block)
Encrypted asset management platform CryptoCycle completes $10 million in Series A financing
According to official news, CryptoCycle, an encrypted asset management platform, has recently completed a $10 million Series A round of financing, jointly invested by Jingliu Ecological Fund and Xingchenhai Fund. Whale Stream is positioned as a global encrypted asset management service organization. Its CryptoCycle focuses on diversified encrypted asset management platforms, mainly for international users, and provides encrypted asset management services for users around the Whale Stream ecology; Whale Stream's ecological funds include Metaverse, DeFi, Digital mining, encryption fund of funds and other funds with a scale of nearly 100 million US dollars.
P2E Game Syn City Completes $8 Million Financing, Animoca Brands and Others Participate
The mafia game "Syn City" founded by former TRON business head Roy Liu announced on Monday that it has completed an 8 million US dollar financing, led by Twitch co-founder Justin Kan and Goat Capital, with participation from A&T Capital, Hack VC, Animoca Brands and Spartan Group cast. (CoinDesk)
Bitcoin Company Swan Bitcoin Completes $6M Series A Funding Led by Mimesis Capital and Ten31
Bitcoin company Swan Bitcoin announced the completion of a $6 million Series A financing at a pre-money valuation of $90 million, led by Mimesis Capital and Ten31, Xoogler Fund, Plan B Ventures, Lightning Ventures, HCM Capital, Blockstream CEO Austin Hill , Dan Matuszewski of CSM Holdings, and professional athletes Baron Davis, CJ Wilson and Matthew Dellavedova.
The new funds will be used for marketing and new product development, including the launch of the Swan app, the international expansion of private client services, the launch of advisory services, and the continued development of the Bitcoin community project (BitcoinerJobs.co), which is exploring growth-oriented Equity financing plan, with the goal of being publicly traded on Nasdaq by 2024. (Bitcoin Magazine)
Cryptocurrency aggregation trading software TabTrader announced the completion of US$5.8 million in Series A financing, with participation from 100X Ventures, Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. (Tech Crunch)
NFT sports platform SportsIcon has completed a $5.5 million seed round of financing. Investors include Dapper Labs, AU21 Capital, Vinny Lingham, Elefund VC, Fourth Revolution Capital, Vendetta Capital, FishDao, Techstars, etc.
Blockchain game developer Blockade Games raises $5 million led by Animoca Brands
Blockchain game developer Blockade Games announced the completion of $5 million in financing at a valuation of $23 million. This round of financing was led by Animoca Brands, with participation from Mike Dudas (6th Man Ventures), Meltem Demirors (Shiny Pony), and Christine Moy. Funds from this round of financing will be used to further develop its open source game developer platform. (CoinDesk)
African bitcoin exchange Busha completes $4.2 million seed round, led by Jump Capital
African bitcoin exchange Busha completed a $4.2 million seed round of financing, led by Jump Capital, with participation from Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, and Raba Capital.
Jump Capital recently raised $350 million for its seventh fund. The venture capital firm is poised to allocate 40% of its funds to the crypto market. Commenting on his firm’s investment in Busha, Jump Capital Partner Peter Johnson said, “We believe Nigeria and the African continent is one of the most promising places for cryptocurrencies to make a significant difference in providing financial freedom to millions. "(Forbes)
News incubator DAO New Order has raised $4 million, which will be used to launch a community-driven venture capital DAO incubator for DeFi innovation projects. Venture investors and angel investors participating in this round of private financing include DFG, Outlier Ventures, LedgerPrime, Near Foundation, FalconX, Yenwen Feng (Founder of Perpetual Protocol), Mapleblock Capital, Moonwhale Ventures, Youbi Capital, etc.
As a DAO incubator company, New Order will launch projects on DeFi, focusing on machine intelligence, multi-chain, and expanding to new digital assets. New Order plans to launch more than 30 projects per year, and is preparing to launch some DAO projects in early December. Based on this, many incubation projects will be announced in the coming months. In the next two months, three projects jointly developed with well-known partners, which have been incubated and planned to be implemented, will be launched. (Coinquora)
NFT chain game TryHards announced that it has received a strategic investment of US$3.58 million, with participation from GD10 Ventures, Oddiyana Ventures, Lucid Blue, CaKoin Cap, Brilliance Ventures, Seedify Fund, DuckDao and Kyros. In addition, TryHards has officially launched Token today. After the token is issued this time, the TryHards roadmap shows that a new version of the game is expected to be released by the end of 2021 and early 2022. These include the game beta, Fanatic and Weapon NFT drops, and a series of battle releases, among other things. (Cointelegraph)
Algorand project C3 Protocol has completed $3.6 million in financing, led by Arrington Capital and Jump Capital, with participation from Golden Tree Asset Management, Cumberland, ParaFi Capital, Mechanism Capital, Borderless Capital, Node Capital, and Digital Currency Group. Founded by the Rand Labs team, C3 is focused on creating a new layer for using collateral and deposits across different blockchains. (CoinDesk)
Fracture Labs, a blockchain video game developer, completed $3.5 million in financing, with participation from Alameda Research, Huobi Ventures, Spartan Group, Forward Analytic, listed company Cryptology AG, Metavest Capital, and the Israel Blockchain Association.
The funding will be used to accelerate game development and build out Fracture Labs’ NFT marketplace ahead of the 2022 release of the company’s blockchain-based multiplayer survival game Decimated. Founded in 2018, Fracture Labs has been working on its flagship multiplayer survival RPG Decimated since its inception. The team has years of experience working on AAA titles including Cyberpunk 2077, Evolve, Just Cause 4, Assassin's Creed, Batman Arkham Asylum, and more. Decimated will be released in 2022.
Data provider Staking Rewards raises $3.2 million led by Galaxy Digital, DCG and CoinShares
Staking Rewards, a data provider for staking and encryption growth tools, raised 3 million Swiss francs (approximately $3.2 million). Galaxy Digital, Digital Currency Group and CoinShares jointly led the round, with participation from 1kx Capital and Sygnum Bank. So far, Staking Rewards has raised a total of CHF 4 million (about $4.3 million).
Staking Rewards will use the funds to develop a new suite of products and services, including an investable staking index product. Galaxy Digital, Digital Currency Group, and CoinShares are partnering with Staking Rewards to integrate staking into their respective product suites. (CoinDesk)
Chain game platform HappyLand completes private equity financing of US$2.97 million, led by AU21 Capital and HC Labs
HappyLand, an agricultural simulation game and blockchain Metaverse development project, recently announced the completion of $2.97 million in private equity financing, led by AU21 Capital and HC Labs, HC Capital, ZBS Capital, Banter Capital, Kryptos Fund, Netvrk, Kyber Ventures, Kyros Ventures, Gains Associates, Good Games Guild, Maven Capital, and SMO Capital participated in the investment. HappyLand will use the funds to continue investing in the farming world in in-game digital assets and the Play-to-Earn ecosystem, while expanding the game's global community with the assistance of the Game Association.
DeFi Investment Platform BITLOCUS Raises USD 2.7 Million, DWeb3 Capital and LD Capital Participate
BITLOCUS, a DeFi investment platform for fiat currency investors, announced the completion of $2.7 million private placement financing, DAO Maker, Evangelion Labs, AU21 Capital, DWeb3 Capital, Double Peak Group, Kyros Ventures, LD Capital, Banter Capital, GBV, Basics Capital, Wings Ventures , Gate.io participated in the vote.
Talis, the NFT market, announced the completion of $2.3 million in private equity financing, led by ParaFi Capital and Arrington Capital, with participation from Benson Oak Ventures, GCW Capital, and Blocbits. Talis will use the funds to move its NFT market from the state of the minimum viable product (MVP) to version 1, which is expected to launch sometime in the second quarter of 2022. (CoinDesk)
Metaverse football game MetaSoccer has completed $2.2 million in financing, and the funds will be used to launch a football game and football club management platform in Metaverse. Investors include Play Ventures, Defiance Capital, ParafiCapital, DAOMaker, Kyros Ventures, Metrix Capital, and Peech Capital. MetaSoccer allows users to form virtual soccer teams, play matches or manage teams through a season. Play and earn games allow users to earn MSU tokens by trading players, winning games and getting sponsorships on the platform. (Cointelegraph)
Dexbrowser, a Web3 data aggregator, completed a $2 million seed round of private equity financing, with participation from AU21 Capital, Newave Capital, LD Capital, Spark Digital Capital, ZBS Capital, DFG, MEXC Global, and VBC Ventures.
Polemos completes $2 million in strategic financing led by Delphi Digital and Framework Ventures
The P2E game association Polemos recently announced the completion of $2 million in financing, led by Delphi Digital and Framework Ventures, and founders of DeFi projects such as Sushi, Aave, and 1inch Exchange participated in the investment. It is reported that Polemos focuses on the game earning (P2E) game guild of NFT games, and is developing a GameFi learning management system, a decentralized guild asset exchange, and a player analysis for educating, tracking, analyzing and managing players platform. (Cointelegraph)
According to official news, Metaverse decentralized financial service provider Hillstone Finance (Hillstone) has received a $2 million investment from Panda Capital. Hillstone is an asset liquidity platform built on the basis of smart contracts, which can provide pledge, lending and transaction circulation services for various financial products or physical assets.
Hillstone is committed to becoming a decentralized financial service provider in the metaverse world, building infrastructure for the metaverse, and at the same time providing the public with rich, diverse and more convenient investment and financing channels, and promoting the arrival of the metaverse world faster.
The NFT racing game KingSpeed completed $1.2 million in strategic private equity financing, with participation from Dext Force Venture, Basics Capital, Kyber Alumni Fund, Au21, and Maven Capital. KingSpeed is expected to release NFT cars, staking systems and web games, as well as market releases in December this year. Next year, their main focus will be releasing prediction and rental systems, as well as a mobile version of the game. (Cointelegraph)
African Blockchain Startup FarmBit Raises $240,000, Despace Protocol Participates
African blockchain startup FarmBit has received $240,000 in seed funding from top crypto angel investors and Despace Protocol. FarmBit is developing a blockchain-based decentralized protocol that aims to rethink how agribusiness can transact more efficiently and openly.
FarmBit is partnering with Despace Protocol to auction off real-world NFTs. In addition to receiving investment from DeSpace, FarmBit will utilize the DeSpace NFT protocol to mint and launch its first batch of NFT assets to its users. It is reported that Despace is a multi-chain DeFi and NFT protocol powered by the DeChain blockchain. (Nairametrics)
One-stop cross-chain platform 123swap completes USD 210,000 in seed round financing
123swap, a one-stop cross-chain platform, announced the completion of a $210,000 seed round of financing, with participation from Becker Venture Capital, Steven Becker, and Polygon Technology. According to reports, the 123swap platform provides various DeFi options for various blockchain assets, including NFT casting, exchange, pledge, mining, etc. (PR Newswire)
MonoX Receives Strategic Investment from Avalanche Blizzard Ecosystem Fund
News MonoX announced that it will soon integrate with the decentralized smart contract platform Avalanche. This expansion will allow projects to launch tokens without the associated capital requirements of liquid trading pairs, thereby lowering barriers to entry and helping to scale the DeFi ecosystem. MonoX has deployed a beta version on the Avalanche Fuji testnet and will launch on its C-Chain mainnet in early Q1 2022. The MonoX ecosystem has received a strategic investment from the Avalanche Blizzard Ecosystem Fund, as the project will bring unique features to the Avalanche ecosystem.
According to official news, Axelar, a decentralized interoperability network, announced the completion of a new round of strategic financing. Crypto.com Capital led the investment, and Informal Systems, SushiSwap co-founder 0xMaki, Morningstar Ventures, Scytale Ventures, Zero Knowledge Validator, etc. participated in the investment. The funds will be used for the continued development of the Axelar core team and the building of decentralized interoperability for the blockchain ecosystem.
Earlier news, the blockchain interoperability protocol Axelar completed a $ 25 million A round of financing, Polychain Capital led the investment, Dragonfly Capital, Galaxy Digital, North Island Ventures, Robot Ventures, Lemniscap, SCB 10X, Divergence Ventures, Terra co-founder Do Kwon, Catalyst Sports & Media CEO Happy Walters and others participated in the investment.
P2E & RPG GameFi Project SIDUS Receives Investment from OKEx Blockdream Ventures
On November 28, according to official news, OKEx Blockdream Ventures and SIDUS reached a strategic cooperation. SIDUS HEROES is a metaverse chain game project launched by SIDUS.
The team has more than 10 years of experience in traditional game development. There are 6,000 unique 3D NTF heroes on SIDUS HEROS. In addition, NFT including armor, weapons, spaceships, equipment, etc. can be used for trading and rewards, thus fully ensuring that all in-game Assets can be preserved and traded; SIDUS DAO will serve as the main decision maker for game development, and truly realize the decentralized governance and construction of players and developers; it will soon compete with AAA-level video games, based on UE 5 Unreal Engine combined with WebGL to achieve Android/iOS , PC/MAC-side high-quality ultra-smooth battles and scenes, the algorithm is personalized into an ecological closed-loop economic model, a future world blockchain game created for players, a brand new RPG that integrates 3D, NFT, and earning while playing role playing game.
Huobi Ventures strategically invests in NFT chain game Zuki Moba
According to official news, NFT chain game Zuki Moba announced that it has received strategic investment from Huobi Ventures.
According to previous reports, the multiplayer online battle arena (MOBA) NFT chain game Zuki Moba announced the completion of a $1.4 million private placement financing round led by VBC (Ventures Beyond Capital), Alphamoon and OMG (Open Money Group), Aka Venture, BSCStation, Crypto Era, Onebit Ventures, Binstarter, CoinLab, Jade Labs, DTS, COINCU Financial, BAS, Kiwigroup, LaunchZone, Azcoinvest, Saving Nemo, Duck Crypto, Monihub, etc. are also strategic partners and investors. Zuki Moba is a MOBA e-sports chain game based on the famous traditional Japanese snowball game (Yukigassen), which combines sports, fun, competition and engaging battles. The funding will be used to scale the platform to millions of gamers around the world, upskill developers, fund marketing efforts, and build a decentralized Zuki platform using blockchain technology.
Metaverse blockchain game Defina Finance received strategic investment from Huobi Ventures
According to official news, Defina Finance announced that it has received strategic investment from Huobi Ventures. The two parties will cooperate in the field of GameFi and metaverse development based on blockchain technologies such as DeFi and NFT.
Note: Defina Finance is a Metaverse game project based on blockchain NFT technology.
KuCoin Labs invests in Solana-based Play2Earn DAO xHashtag
News KuCoin Labs announced to invest in Solana-based Play2Earn DAO xHashtag and establish a strategic partnership with it. The partnership will help xHashtag build Future of Work DAO infrastructure.
Basics Capital invests in Solana-based DeFi platform UNQClub
News Basics Capital announced an investment partnership with UNQClub. It is reported that UNQClub is a Solana-based DeFi platform that provides tools for collectors and investors to support the NFT field.
Maven Capital Strategically Invests in Learn-to-Earn Decentralized Platform Meland.ai
News Maven Capital has reached a strategic investment partnership with the Learn-to-Earn decentralized platform 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.
Poolz Ventures Invests in NFT and Metaverse Project ECIO
News Poolz Ventures invests in NFT and Metaverse project ECIO. ECIO is an NFT game where players can challenge each other or team up against aliens from other Odaily. ECIO enables players to create 41 million different types of in-game characters that they can use to fight and earn rewards. In ECIOVERSE, in-game characters are NFTs that users can create and actually own. Poolz Ventures is an investment fund established by the Poolz core team.
Funganomics, an NFT game ecosystem, announced the completion of a seed round of financing
Funganomics, an NFT game ecosystem, announced the completion of a seed round of financing. The specific amount was not disclosed, and the source of funding was private investors from the United States. The company said it will use the funding to support staffing increases, additional technology infrastructure and software support. Its new ecosystem will include several key functional areas that will work together, including Fungatopia (NFTs), FGS Games (PTE Gaming) and Fungality (AR/VR Experiences), all of which have successfully completed trademark applications. (Bitcoin News)
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