According to Odaily’s incomplete statistics, a total of 44 blockchain financing incidents at home and abroad were announced during the week from March 7 to March 13, a decrease from the previous week; The total amount of disclosed financing is about 720 million US dollars, which is significantly higher than that of the previous week.
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):
Roofstock, a digital real estate platform, announced the completion of US$240 million in Series E equity financing, with a post-investment valuation of US$1.94 billion. SoftBank’s SoftBank Vision Fund 2 and a group of existing and new investors participated in the investment. Roofstock plans to use the new financing to focus on innovating a broad range of investment products, including strategic acquisitions building on the three acquisitions the company has completed, expanding into other forms of real estate, and doubling the size of its team by 2022.
Roofstock said that starting in 2021, they are open to potential applications of blockchain, especially the tokenization of real-world assets. Most recently, Roofstock joined the Cypher Accelerator program at the Stevens Center for Financial Innovation at the Wharton School of the University of Pennsylvania to help accelerate its real estate tokenization initiatives.
According to the data disclosed last year, the assets under management of Roofstock have exceeded 1.2 billion US dollars. (The Block)
Immutable completes $200 million in financing at a valuation of $2.5 billion, led by Temasek
Immutable, an Australian NFT start-up company, completed a US$200 million financing at a valuation of US$2.5 billion. Temasek (Temasek) led the investment, and Mirae Asset, ParaFi Capital, Declaration Partners, and Tencent Holdings participated in the investment. Robbie Ferguson, co-founder and president of Immutable, said that this round of financing will be used for investment in mergers and acquisitions.
It is reported that Immutable is the developer of NFT games Gods Unchained and Guild of Guardians, and also created Immutable X, an NFT layer-2 expansion solution. (Reuters)
The Nordic new bank Lunar completed a 70 million euro (approximately 77 million U.S. dollar) D round of financing at a valuation of 2 billion U.S. dollars. It completed a 210 million euro D round of financing in July last year, with a total financing amount of 280 million euros. Heartland Leading the round, Kinnevik, Tencent (Tencent), IDC Ventures and Will Ferrell participated. Lunar founder and CEO Ken Villum Klausen said that Lunar is still in the middle of the rolling financing process and is conducting Series E financing, which is expected to be completed at a higher valuation in May this year.
In addition, Lunar has launched an encrypted trading platform and B2B payment for SME customers, users are able to trade and cash out BTC, ETH, Cardano, Polkadot and DOGE. (Tech Crunch)
Bitcoin Mining Firm Blockmetrix Completes $43 Million Series B Funding
Dallas-based Bitcoin mining company Blockmetrix announced the completion of a $43 million Series B round of financing, bringing its total funding since June 2021 to $50 million.
Blockmetrix said it has 1,000 mining machines in operation after raising $7 million in Series A funding last year. The latest funding round was oversubscribed, with investors from the US, Australia and several Asian countries.
Blockmetrix CEO and co-founder Nevin Bannister said that the company plans to use the maximum available capital and debt to purchase mining machines, while controlling electricity costs through various joint ventures, so as to achieve rapid growth. “Through the (joint venture), we will gain partial ownership of a co-sited facility to ensure low electricity prices and provide space for our bitcoin mining machines,” he said. Bannister explained that the company’s joint venture partner will be responsible for Developing and operating the facility, which will help direct the majority of funds toward increasing computing power rather than building infrastructure.
Bannister also said that Blockmetrix is currently negotiating a joint venture agreement that would result in a 100 MW co-sited facility in Texas with the potential to expand to 200 MW. (CoinDesk)
Game streaming platform Loco announces $42 million in funding, led by Hashed
The game streaming platform Loco announced the completion of financing of US$42 million (3.3 billion rupees), led by Hashed, with participation from Makers Fund, Catamaran Ventures, Korea Investment Partners, Krafton, Lumikai, and Hiro Capital. The financing will be used to strengthen the content aspect, as well as technology development around areas such as Web 3.0 and blockchain. (Economic Times. India Times)
Espresso Systems Closes $32M Funding Led by Greylock Partners and Electric Capital
Espresso Systems, a Web 3 application extension and privacy system, completed $32 million in financing, led by Greylock Partners and Electric Capital, with participation from Sequoia Capital, Blockchain Capital, and Slow Ventures. Funds from this round of financing will be used to expand the team, product development and bring products to market.
Espresso Systems is developing Layer 1 infrastructure to provide fast and low-fee transactions by combining the PoS consensus protocol with the zkRollup mechanism to bundle multiple transactions in a more efficient manner.
The company’s Configurable Asset Privacy (CAPE) smart contract application for Ethereum aims to provide creators with customizable privacy settings regarding sender and receiver addresses, the amount and type of assets held or transferred. CAPE will initially support the creation and wrapping of ERC-20 tokens, followed by NFTs. (CoinDesk)
P2E Fighting Game MetalCore Completes $15 Million in Token and NFT Financing
P2E fighting game MetalCore announced the completion of $15 million Token and NFT financing, the private placement led by BITKRAFT Ventures and Delphi Digital, Immutable, Sanctor Capital, Animoca, Youbi Capital, Bitscale, Spartan Capital, Umbrella, Yield Guild Games (YGG), YGG Institutions such as SEA, Merit Circle, Perion, Avocado and BreederDAO participated in the investment.
It is understood that MetalCore is built using Unreal Engine 4, players can participate in PvP large-scale battles, and sell and trade their own NFT. The team said that this round of financing will be used for development and construction to improve the quality of the game to 3A level.
DAO Management Tool Upstream Completes $12.5M Series A Funding Led by Boldstart Ventures
Upstream, a DAO start-up and management tool, completed a $12.5 million Series A round led by Boldstart Ventures, with participation from Tiger Global, Ibex Investors, Vayner Fund, Panoramic Ventures, Alpaca VC, Human Ventures, and Blumberg Capital. Funds raised will be used to scale up.
It is reported that Upstream provides users with the tools to manage and eventually launch the DAO, and currently holds more than $2 million in test user funds. (Coindesk)
Web3 infrastructure company and electronic agreement signing platform EthSign completed a $12 million seed round of financing, led by Sequoia Capital India (Sequoia Capital India) and Mirana Ventures, Amber Group, Circle Ventures, NGC Ventures, HashKey Group, IOSG Ventures, Mask Network, Matrixport, etc. participated in the investment. Angel investors Balaji Srinivasan, Tegan Kline (The Graph), Sandeep Nailwal (Polygon), Sid Powell (Maple Finance) and Thomas Vu (Riot Games) all participated in the round.
It is reported that this is the first time that Sequoia Capital, Sequoia Capital India and Sequoia Capital China, the three funds of Sequoia, have jointly participated in a round of investment.
WalletConnect, an encrypted wallet application, completed its Series A financing of US$11 million, co-led by Union Square Ventures and 1kx, with participation from Coinbase Ventures, Semantic Ventures, Zerion and other institutions, Alex Svanevik, Eric Conner, Arjun Bhuptani, Viktor Bunin, Mara Schmiedt, Angel investors including Anna Rose and Ajit Tripathi also participated in the round. Funds raised will be used to help WalletConnect become a decentralized Web3 information layer. To this end, WalletConnect is building two new protocols - a direct messaging protocol and a push notification protocol. (The Block)
Space Runners, a fashion brand of Xunyuan Universe, completed a US$10 million seed round of financing, led by Polychain and Pantera Capital, with participation from Accel, Jump Crypto, Animoca Brands executive chairman and co-founder Yat Siu, and Twitch co-founder Justin Kan.
Last December, Space Runners teamed up with NBA stars Kyle Kuzma and Nick Young to launch its first NFT collection of NBA Championship sneakers. The company initially minted NFTs on the Solana blockchain, but now plans to bring its vision of a "fashionable metaverse" to ethereum and other blockchains.
Deniz Özgür, CEO of Space Runners, said, “We are designing and launching fashion products in the form of NFT collectibles. This process is in progress. But we will also launch the first phase of the fashion metaverse.” (CoinDesk)
KurateDAO, a Web3 content database, announced the completion of a $6.85 million seed round of financing, led by Polychain Capital.
KurateDAO CEO Michael Fischer said that KurateDAO is looking to work with emerging Web 3 applications and other crowdsourced online information hubs, such as music curators and employment bulletin board sites. KurateDAO is currently running on Ethereum, and plans to use the new financing to hire developers to build multi-chain solutions in the future. (CoinDesk)
Ascenders, a 3A-level action RPG chain game based on Avalanche, announced the completion of private equity financing of US$6.4 million. Paramount Capital, Three Arrows Capital, Sino Global Capital, and Merit Circle jointly led the investment, and DeFiance Capital, Blizzard Fund, Colony Labs, GuildFi, and Momentum 6 , Forward Analytics, Avocado Guild, ZeePrime, Snack Club, Layer X, Mintable, etc. participated in the investment.
The new financing will be used to expand its game development team and help Ascenders create a high-quality Web3 game experience. According to reports, its team is currently composed of game developers who have worked in top studios, including Activision, Rockstar North, Ubisoft and Electronic Arts.
Stablecoin payment infrastructure provider Kado completes $5.4 million in seed round, led by Hashed
Stablecoin payment infrastructure provider Kado announced the completion of $5.4 million in seed round financing, led by Hashed, Race Capital, Circle Ventures, Collab+Currency, Republic Capital, PrimeBlock Ventures, 0xVentures, T&G Ventures, Skyvision Capital, Lunatic Capital, Contango Digital , TPS Capital and a number of angel investors including Blockworks co-founder Jason Yanowitz participated in the round.
Founded during the Terra Community Hackathon in May 2021, Kado aims to support Terra's UST stablecoin ecosystem by creating products that make it easier for users to spend and use. With the new funding, Kado plans to expand into other ecosystems beyond Terra, with a focus on cross-chain services such as Solana to USDC and Avalanche to USDC. (Blockworks)
Web 3.0 data infrastructure startup BlockVision.org announced the completion of a $5 million seed round of financing, led by Shima Capital, Synergis Capital, and Qiming Venture Partners, with participation from 6th Man Ventures, Collab+Currency, and VIABTC Capital. The new funding will be used to accelerate product development.
BlockVision's core products include data cloud and API services, supporting data query and data storage of multiple blockchain networks, such as Ethereum, BNB Chain, Arbitrum, Optimism, etc., using HTAP (Hybrid Transaction and Analytical Processing) architecture as data processing plan. BlockVision’s previous Pre-Seed round of financing includes Continue Capital, NGC Ventures, Sanctor Capital, Youbi Capital and other institutions. (Cryptoninjas)
Duet Protocol, a multi-chain synthetic asset protocol, completes $5 million in financing
According to official news, Duet Protocol, a multi-chain synthetic asset protocol, announced the completion of an additional $2 million private placement round of financing, with participation from GSR, DHVC, LucidBlue Ventures, 3Commas, Kernel Ventures, and Consensus Lab.
According to previous news, Duet has received $3 million in financing from institutions such as OmniLAB, DraperDragon, Everest Ventures Group, One Block Capital, and Moonwhale Ventures. The total amount of the two financings is 5 million US dollars.
Cross-chain communication protocol Socket announced the completion of a $5 million seed round of financing led by Framework Ventures, Coinbase Ventures, Nascent, Geometry, eGirl Capital, Folius Ventures, Maven 11, 4RC, Archetype (formerly Acrylic), Mark Cuban, Sandeep Naiwal ( Co-founder of Polygon), Jinglan Wan (co-founder of Optimism), David Hoffman and Ryan Sean Adams (Bankless) participated in the investment.
In addition, the Socket team released the one-stop cross-chain bridge Bungee. Bungee uses Socket's liquidity layer to find the most efficient cross-chain exchange method.
DeFi protocol Katana completed a $5 million seed round, led by Framework
Katana, the Solana ecological DeFi protocol, announced the completion of a $5 million seed round of financing, led by Framework Ventures, with participation from Electric capital, Founders fund, Protofund, Amber, Alameda research, Solana Ventures, Reverie, CMS, and QCP capital.
Cega, a Solana-based DeFi derivatives protocol, completed a $4.3 million seed round at a valuation of $60 million, led by Dragonfly Capital Partners, with participation from Pantera Capital, Coinbase Ventures, Alameda Research, and Solana Ventures. Funds raised will be used to expand the team size, especially hiring engineers familiar with the Solana programming language. (TechCrunch)
South Korean game giant Wemade announced an investment of 5 billion won (approximately $4 million) in South Korean game company THUMB AGE to expand its blockchain game business. With this investment, Dekaron M from THUMB AGE will join the Wemix blockchain gaming platform. (News1)
According to official news, the GameFi project Mirror World announced the completion of more than $4 million in seed round financing, led by Galaxy Interactive, Republic, and Alameda Research, and participated by YGG SEA, Avocado Guild, Mirana Ventures, Inifinity Ventures Crypto, OKX Blockdream Ventures, Sky9 Capital, etc. .
The new financing will be used to fully build and accelerate the launch of the first three games (ARPG, PvP Battle Arena, SLG). The games in the matrix are expected to be released in the second half of 2022.
It is understood that Mirror World is a virtual world composed of a variety of game matrices, including the ARPG game "Mirrama" combined with Roguelike gameplay, the casual PVP-based arena duel game "Brawl of Mirrors", and a Games with SLG as the main type.
Metaverse fashion company UNXD raises $4 million, led by Animoca Brands, Polygon Studios and others
Polygon-based metaverse fashion company UNXD announced the completion of $4 million in financing, jointly led by Animoca Brands, Polygon Studios and Red DAO.
UNXD co-founder Shashi Menon said that UNXD is a "business-business-customer" platform that is working with well-known brands while creating its own NFT series and marketplace. (CoinDesk)
Swim Protocol completed a $4 million financing, led by Pantera Capital, with participation from FTX, Alameda Research, Coinbase Ventures, Solana Ventures, Jump Capital, Social Capital, IOSG Ventures, Rok Capital, GBV Capital, Mantis VC, Panony, and Bonfida. In addition, the participants also included angel investors: Brandon Millman, co-founder and CEO of Phantom Wallet, Dean Thomas, global head of Polygon Institutional Capital, and Phillip Liu, head of strategy at Avalanche.
It is reported that the funds raised will be used to enable Swim Protocol to better execute its long-term vision and further accelerate its "go-to-market strategy" (GTM), such as marketing, community management, and brand promotion. Not only that, Swim Protocol will also recruit more software engineers and developers to continuously build products and promote the completion of project milestones.
According to official news, Zecrey, a Layer 2 privacy cross-chain protocol based on zkRollup, completed an angel round of financing, led by Spartan Group and Shima Capital, Fundamental Labs, Fenbushi Capital, Amber Group, Avalanche Asia Star Fund (Avatar), CMT Digital Group, Youbi Capital, SevenX , D1 Ventures, Spark Digital Capital, Pluto, Avstar, Mulana, MapleBlock, and Nagi HAMIYEH (CIO) from Temasek participated in the investment. This round of financing will be used for Zecrey development team expansion, brand building, marketing, and developing more project cooperation.
SoicalFi network Richverse Web3 completed a $3.75 million seed round of financing, with participation from AKG Ventures, Metis, BitCoke, and 7o'ClockCapital. Richverse web3 is a SocialFi network powered by XR technology. The team will use XR technology to create a virtual social network.
Kyoko, a cross-chain GameFi NFT lending market, completed a strategic financing of US$3.6 million, led by ATEN Infinity Ventures, and participated by Morningstar Ventures, Kliff Capital, Cherubic Ventures, Kosmos Ventures, Vespertine Ventures, Tess Ventures, and Cryptobuddy. The funds raised will be used to expand Kyoko's foothold in key global markets strengthens its presence in Southeast Asia, East Asia, Russia, India and other strategic regions.
In addition, Kyoko will launch IDO, INO and IVO on March 22. In February of this year, Kyoko completed a $3 million private placement led by Animoca Brands.
According to official news, AlgoDAO announced the completion of a US$3.5 million seed round of financing, led by the Algorand Foundation and Borderless Capital, of which Borderless Capital invested US$1 million.
It is reported that AlgoDAO is a decentralized primary market infrastructure and Web3 accelerator in the Algorand ecosystem, dedicated to incubating, launching, accelerating and collectively investing in high-quality projects based on Algorand
Decentralized exchange Hubble completes $3.3 million in financing led by Framework Ventures
Hubble Exchange, a decentralized platform on the Avalanche chain, completed $3.3 million in financing, led by Framework Ventures, with participation from angel investors including Lemniscap, Avalanche ecosystem fund Blizzard, GSR, Trader Joe, Finlink Capital, and Aave founder Stani Kulechov.
It is reported that Hubble Exchange aims to create a perpetual futures trading agreement on the chain. It released the test network in October last year and is expected to launch the main network in April this year. Funds from this round will be used to scale up the technical team and continue developing the protocol ahead of the mainnet launch. (Decrypt)
Canza Finance completes USD 3.27 million seed round financing led by Fenbushi Capital
Canza Finance today announced the completion of a US$3.27 million seed round of financing, led by Fenbushi Capital and founded by Dominance Ventures, Bixin Ventures, ConsenSys Mesh, Protocol Labs, Emurgo Ventures, MEXC Global, NGC Ventures, XanPool, HashKey, and Celo Ginseng cast.
Canza Finance is an emerging bank based in Nigeria, which provides financial services to the public through DeFi and the local currency trading market. The round of financing will help Canza recruit more employees and expand its services from Nigeria to other growth regions, including South America and Asia.
BaaS Provider mintBlue Completes €2 Million Funding Led by Two Hop Ventures
Blockchain-as-a-service (BaaS) platform provider mintBlue announced the completion of a €2 million seed round led by Two Hop Ventures, with participation from Ayre Ventures and a Dutch angel investor.
It is reported that mintBlue is a platform built by developers using blockchain. mintBlue offers a proprietary API that allows companies large and small to migrate data to public blockchains, improving data security, interoperability and traceability. As the leading blockchain development kit providing data storage directly on the blockchain, mintBlue aims to be the "decentralized AWS". (PRNewswire)
Deliq Finance, an Avalanche-based liquidity service agreement, announced the completion of $2.1 million private placement financing, Shima Capital, LD Capital, Polkastarter, HOTDAO (Hotbit Exchange), Bixin Ventures, Ghaf Capital, Colony Labs, 7 O'Clock Capital, Extra Watts, DCI Capital, Greenhorns, ZBS Capital, Gains Associates, Damo Labs, Avstar Capital, GTA Ventures and VRM Ventures participated in the investment. (Globenewswire)
Hydraverse, the P2E PVP dragon fighting game of Xunyuan Universe, completed the seed round and private equity financing of US$1.7 million, Ash WSB, Everse Capital, Exnetwork Capital, x21 Capital, Roseon Finance, BrotherHood Ventures, BinStarter, An Phat Capital, SGN Capital, Kiwi Group, Avalon Wealth Club, Alpha Crypto Capital, EnjinStarter, Dutch Crypto Investors, AVStar Capital, Diversity Ventures, MarsDAO, Alpha Moon Capital, MG Ventures, VB Ventures, SixK Starter, SafeLaunch, Babylons, Polrare, DareNFT, NFTb, Hybrid Research , Golden Shovel, Glock Ventures, IBC, Astronaut, CCK Ventures, Skyman Ventures, Almora Capital, and Onetap Studio participated in the investment.
Over the next few weeks, Hydraverse will be conducting HDV token IDOs on BinStarter, EnjinStarter, and NFTb Launchpad.
According to official news, Undead Blocks, a zombie P2E chain game, announced the completion of private equity financing of US$600,000, led by Animoca Brands. Prior to this round of private financing, Undead Blocks completed a $1.1 million seed round co-led by Genblock Capital and Double Peak Group.
It is reported that Undead Blocks is a 3A-level first-person shooter (FPS) zombie survival encryption game, which allows players to purchase weapons in the form of NFT, and earn rewards by eliminating zombies and completing in-game achievements. It will be released to the public at the end of April this year. A closed beta, followed by a full game release in Q2, with plans for a mobile release in Q3.
Singaporean blockchain company Gamepay has completed US$1.2 million Pre-Seed round of financing, investors are Seier Capital and 8i Holdings.
It is reported that Gamepay was founded by former banker Daniel Dos Santos in 2021 to provide developers with a platform to publish P2E games. Later this month, the company will launch an NFT marketplace for its P2E game Chickey Chik. It will also sell NFTs on the OpenSea marketplace and list its tokens on decentralized exchanges.
Gamepay plans to use this round of financing for product development, and plans to conduct A-round financing after the end of the NFT sale. (Techinasia)
Metaverse project Tristan Metaverse completes more than one million US dollars in financing
According to official news, Tristan Metaverse, a cross-chain metaverse and infrastructure project, announced the completion of more than one million dollars in private equity financing, Waterdrip Capital, Ascensive Assets, Fundamental Labs, Bitcoin.com, Vendetta Capital, Spark Digital, METIS Genesi DAC, Lucidblue, NEO, Damo Labs, 7o'Clock and others participated in the investment. Previously, Tristan Metaverse had Grant support from Near and Polyon.
It is reported that Tristan Metaverse is an open game Metaverse integrated with Web2 social media accounts. Through MetaWallet, non-Crypto users can participate in the Metaverse experience with one click, which greatly reduces the threshold of Web 3.0 applications and paves the way for the large-scale influx of new Metaverse users. . At present, Survival, the first main game based on Meta Wallet, has started the whitelist distribution of game NFT. At the same time, it provides avatar editing services for whitelist participants and presents avatar NFT. The Survival game is planned to start a closed beta at the end of Q1, and it will be officially opened to players and goldsmith unions in Q2 in 2022.
Powerbomb Finance Closes $1 Million Funding Led by Delta Blockchain Fund
Powerbomb Finance, a DeFi income customizer, completed a financing of US$1 million. This round of financing was led by Delta Blockchain Fund, with participation from Cove Capital, centralized trading platform Zipmex, and Finext Eastern Bank.
Epic League, a blockchain game studio, completed a $1 million seed round of financing, with participation from WeMade, YGGSEA, GBIC (Global Blockchain Innovative Capital), IVC (Infinity Ventures Crypto), and Thomas Vu from Moon Holdings. (Business Wire)
Hexa Wallet Completes $1 Million Financing, Plan B Ventures and Others Participate
Hexa Wallet, a British financial technology start-up company, completed a pre-seed round of US$1 million. Angel investor Brad Mills, global online investment platform Bank To The Future, venture capital firm Plan B Ventures, and Fulgur Ventures, which focuses on bitcoin startups, participated cast.
Hexa Wallet focuses on designing self-custody applications for Bitcoin and developing self-custody solutions. Funds from this round will be used to hire developers, designers and drive community engagement.
Hexa Wallet is partnering with Bitcoin4India and Summer of Bitcoin to drive community initiatives for Bitcoin education in India and on campus. (Bitcoin Magazine)
Web3 game community GuildFi invests USD 880,000 in P2E blockchain game Apeiron
According to official news, the Web3 game community GuildFi has reached a cooperation with the P2E blockchain game Apeiron. GuildFi has purchased $880,000 worth of Omega Class Major Constellation (including NFT assets and tokens), which is GuildFi's largest investment in the blockchain gaming field so far.
According to official news, Polkadot's ecological DApp platform Astar Network announced the addition of Coinbase Ventures as an investor in the strategic round of financing.
According to previous reports, in January this year, Astar Network announced the completion of a $22 million strategic round of financing, led by Polychain Capital, with participants including Alameda Research, Alchemy Ventures, Animal Ventures, Crypto.com Capital, DFG, GSR, Vessel, and Injective Protocol , Scytale Ventures and Polkadot founder Gavin Wood, Quantstamp founder Richard Ma, famous Japanese football player Honda Keisuke, and core members of Web3 Foundation and Parity Technologies.
Altered State Machine, an AI metaverse platform, announced the completion of a seed round of financing. The amount of financing was undisclosed. Participating parties include 17 institutions including TCG, Warner Music Group, and Coinbase Ventures. Altered State Machine (ASM) aims to create a platform that applies artificial intelligence (AI) to the metaverse. Currently, ASM's machine learning protocol has provided support for the AIFA Alliance and FLUF World. This round of financing will be used to develop more cooperation.
Animoca Brands Strategically Invests in Fan Engagement Platform Versus Systems
Versus Systems Inc., a fan engagement and rewards platform, announced that blockchain game company Animoca Brands recently participated in the company’s public offering, which ends on February 28, 2022. Animoca Brands' strategic investment demonstrates its support for Versus' vision for the future of entertainment rewards and reflects its confidence in Versus' proprietary technology and growth roadmap. (Globenewswire)
Copyright NFT Platform Euterpe Receives Investment from HKICEx
According to official reports, Euterpe announced that it has received investment from HKICEx. Euterpe said that the funds will be used to develop cooperation opportunities in the fields of NFT and digital copyright, and to lay out Hong Kong and Southeast Asian markets.
Mr. Wu Qilun, founder and president of HKICEx (Hong Kong International Commodity Exchange), said, "Copyright trading is a key investment area of Hong Kong International Commodity Exchange, and it is also one of the future development directions of Hong Kong. We are full of confidence in the success of the Euterpe project. In addition to the project We look forward to cooperating with Euterpe to develop together and create a win-win situation.”
VC firm RedHat Capital invests in GameFi startup X Rush
X Rush, a GameFi start-up company, tweeted that RedHat Capital, an Asian blockchain venture capital institution and incubator, has reached a strategic cooperation with X Rush and has become a participant in its private equity round of financing.
According to previous reports, X Rush completed a seed round of financing with a valuation of US$10 million, led by KuCoin Ventures, and the funds will be mainly used for market expansion.
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