According to Odaily’s incomplete statistics, a total of 21 domestic and overseas blockchain financing incidents were announced in the week from August 29th to September 4th, a decrease from the previous week; There is a small increase.
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):
On August 29, Limit Break, the parent company of the NFT project DigiDaigaku, has raised $200 million through two rounds of financing, led by Josh Buckley, Paradigm and Standard Crypto, with participation from FTX, Coinbase, Positive Sum, Shervinator and Anthos Capital.
The new funds will be used to develop Web 3 MMO games. The founder of Limit Break launched a new model, Free to Own (F2O), that is, free ownership, which is created based on the free casting of Genesis NFT. These genesis NFTs produce other NFT series through airdrops and more methods, none of which involve fundraising.
*Solid completes USD 63 million Series B financing, led by FTV Capital
On September 1, Solid, a fintech-as-a-service platform, announced the completion of a US$63 million Series B financing, led by FTV Capital and participated by Headline and others.
It is reported that Solid's fintech-as-a-service platform provides developers with a modern operating interface and experience, making it easy to embed fintech products. Arjun Thyagarajan, the company's CEO, said that Solid is responsible for building and maintaining compliant fintech infrastructure. , allowing any company to quickly launch services such as bank accounts, encrypted wallets, sending payments to end users, and issuing cards within its product experience. (Fintech Finance News)
Web3 game developer Xterio completes $40 million in financing led by FunPlus and FTX Ventures
On August 30, according to The Block, Web3 game developer Xterio completed a $40 million financing at a valuation of $300 million through SAFT sales. FunPlus, Makers Fund, FTX Ventures, and XPLA led the investment. HashKey, Foresight Ventures, Infinity Ventures Crypto, and Matrix Partners. This round of financing will be used to develop and publish Web3 games and expand the size of its team. Xterio expects to release several mobile and browser games in the coming quarters.
Web3 Live Streaming Platform Stacked Completes $12.9 Million Financing Led by Pantera Capital
On August 31, Web3 live streaming platform Stacked announced the completion of Series A financing of US$12.9 million, led by Pantera Capital, with participation from Z Venture Capital and GFR Fund. Funds from this round of financing will be used for investment, marketing, content acquisition and team expansion . (The Block)
On August 30, Pezesha, a Kenyan financial technology company, completed financing of US$11 million. Women's World Banking Capital Partners II led the round, with participation from Verdant Frontiers Fintech Fund, cFund, and Cardano development company IOG. The $11 million round also included $5 million in debt financing from Talanton and Verdant Capital Specialist Funds.
Pezesha is leveraging local and international banking institutions, high-net-worth individuals and DeFi to provide additional liquidity for loans, which allows traditional and non-traditional financial institutions to provide lending services to small and medium-sized enterprises. Currently they have built a scalable digital lending infrastructure. (techcrunch)
On September 3, Internet Game, a chain game, completed a $7 million seed round of financing. HQ Trivia co-founder Rus Yusupov, ParaFi Capital, Dragonfly Capital, Dephi Digital, Uniswap Ventures, Collab+Currency, Gmoney, Milk Road, Ready Player DAO and Magic Eden co-founder Zedd and others participated in the investment. (The Block)
DeFi oracle platform RedStone completes $7 million in financing led by Lemniscap
On August 30, the DeFi oracle platform RedStone completed a $7 million seed round of financing, led by Lemniscap, with participation from Coinbase Ventures, Blockchain Capital, Distributed Global, Lattice, Arweave, Bering Waters, Maven11, and SevenX Ventures.
It is reported that RedStone currently provides data feeds for more than 30 blockchains such as Ethereum, Avalanche, and Polygon, and the financing funds will be used to accelerate the launch of its latest product suite to improve the connectivity between blockchains and real-world data. (CoinDesk)
On September 2, South Korean blockchain technology company Fairsquare Lab announced the completion of 10 billion won (approximately $7 million) Series A financing, with participation from Korea Information Certification Corporation (KICA) and Hanmi Global.
It is reported that Fairsquare Lab is a blockchain technology company that focuses on incubating DeFi and Web3 projects. It has technologies such as virtual asset wallets, transactions, node operations, and decentralized exchanges. By applying Web3 concepts and technologies to business and media, etc. Various fields to promote commercialization. (News1)
Sei Labs completes $5 million in seed round financing, led by Multicoin Capital
On August 31, the crypto startup Sei Labs completed a $5 million seed round of financing, led by Multicoin Capital, with participation from Coinbase Ventures, GSR, Flow Traders, Hudson River Trading, Delphi Digital, and Tangent.
It is reported that Sei Labs was founded by Jeff Feng, a former technology investment banker at Goldman Sachs, and Jay Jog, a former software engineer at Robinhood. Sei Labs is developing a blockchain designed to speed up DeFi transactions. Sei Labs’ protocol, due to launch later this year, will feature a built-in order book, allowing DeFi projects and institutional market makers to process trades and access liquidity faster. (Bloomberg)
Web3 community protocol Koop completes $5 million in financing led by 1confirmation and Variant Fund
On August 31, Koop, a creator economy-focused Web3 community protocol, completed $5 million in financing, led by 1confirmation and Variant Fund, Palm Tree Crew, Day One Ventures, Ethereal Ventures, DeFi Alliance, Volt Capital, Cooper Turley, Balaji Srinivasan , Liu Jiang and others participated in the vote.
Koop is a creator economy focused Web3 protocol currently built on Ethereum with plans to expand on Solana and Polygon in the near future. (The Block)
Liquidity Staking Platform GoGoPool Completes $5M Funding Led by Framework Ventures and Coinfund
On August 31, GoGoPool, the Avalanche ecological liquidity staking platform, announced the completion of $5 million in financing, led by Framework Ventures and Coinfund, with participation from Avalaunch, Republic Capital, and Flow Traders.
Funds from this round of financing will be used to expand the GoGoPool team, accelerate product development ahead of the mainnet launch, and develop new open source tools for the subnet. (The Block)
NFT security company Tokenproof completes $5 million in financing led by Penny Jar
On August 30, NFT security company Tokenproof completed $5 million in financing, led by Penny Jar. Participating investors included Corazon Capital, 6th Man Ventures, and Canonical Crypto. Individual investors included Sebastien Borget, Mark Cuban, Keith Grossman, and Patricio Worthalter.
Tokenproof proves that the user holds a certain NFT through the identity verification mechanism, so as to obtain certain NFT-related rights and interests through the hot wallet, while the NFT is still stored in the cold wallet. (CoinDesk)
On August 30, Clockwork, the Solana ecological decentralized automation network, completed a $4 million seed round of financing, led by Multicoin Capital and Asymmetric, and participated by Solana Ventures and El Cap Ventures. This round of funding will be used to expand the team, build the community, and support integration with partner program purposes. Clockwork can enable developers to schedule repetitive tasks and automate on-chain workflows using the Solana validator network, Nick Garfeld, founder and CEO of Clockwork, said in a statement. (The Block)
On August 29, GammaX, a cryptocurrency derivatives trading platform, completed $4 million in financing, led by zero-knowledge proof technology developer StarkWare and liquidity provider Dexterity Capital. Participating investors include Alphanonce, Cobo, Genesis Trading, Kyber, Ledger Prime , Matrixport, Profluent, Uncorrelated, and 01Node. GammaX aims to combine the core functionality of a DEX with elements of a centralized cryptocurrency trading platform.
GammaX, headquartered in Singapore, is a decentralized derivatives trading platform built on StarkEx. It plans to open a test network in the next few weeks. The test network supports BTC/USDT and ETH/USDT transactions with a leverage of up to 20 times. The main network It will be available later this fall. (Decrypt)
Cybersecurity firm Silence Laboratories closes $1.7 million funding round led by Pi Ventures
On September 1, the cybersecurity company Silence Laboratories completed $1.7 million in financing, led by Pi Ventures and participated by imToken Ventures. Individual investors included Daniel Ari Friedman, Mahin Gupta, founder of Liminal, a digital asset security custody wallet company, CK Vishwakarma, Ashish Tiwari.
Web3 developer community DoraHacks receives investment from EMURGO Ventures
On August 29, DoraHacks, a Web3 developer community, received investment from EMURGO Ventures, with an undisclosed investment amount. This round of financing will be used to hold the Cardano Ecological Global Hackathon, attracting developers and DApps for Cardano and jointly looking for investment opportunities. (Prnewswire)
On August 30, GreenTrade, a Berlin-based climate technology company, recently completed a multi-million euro pre-seed round of financing. The round was led by Cerulean, with participation from Draft Ventures, Allegory, Flori Ventures, and several angel investors. The amount of this round of financing is nearly 7 figures, but the specific figure was not disclosed.
GreenTrade signs long-term carbon emission compensation agreements with project developers and converts these contracts into tradable NFT assets. These NFTs are available to corporate buyers. The platform is currently preparing for its first project, which will purchase a large tract of undisturbed rainforest in Peru to provide long-term carbon credits that can be traded.
Web3 Crowdfunding Platform Security Token Market Receives Investment from SPiCE VC
On August 30, Security Token Market (STM), the Avalanche ecological Web3 crowdfunding platform, announced that it has received investment from SPiCE VC, a venture capital institution. The specific amount has not been disclosed yet.
It is reported that STM is an Avalanche ecological Web3 regulated crowdfunding platform. Investors can use the Avalanche platform and use their own wallet addresses to sign smart contracts on the blockchain and choose tokens to participate in crowdfunding investments. (Crowd Fund Insider)
Web3 Social Media Company Triller Completes Pre-IPO Financing, Falcon Capital and Others Participate
On August 30, Web3 social media company Triller announced that it completed pre-IPO financing in the form of debt and equity. Fubon Financial subsidiaries Total Formation Co, Falcon Capital, Clearvue Partners, etc. participated in the investment. The specific amount has not been disclosed yet.
At present, Triller has submitted S-1 documents to the US Securities and Exchange Commission and reserved the stock code "ILLR" on Nasdaq. The company is expected to be officially listed in the fourth quarter of this year. Triller also announced the completion of the acquisition of Bare Knuckle Fight Championship (BKFC). (Golobe Newswire)
AlphaCoin Fund Strategically Invests in Blockchain Social Sports Platform FitR
On August 31, AlphaCoin Fund recently announced a strategic investment in FitR. It is reported that FitR is an AI+fitness+social platform project based on blockchain, NFT and AI technology.
According to previous reports, FitR completed the seed round of financing, with participation from Avalanche Asia Star Fund, HashKey Capital and Kucoin Ventures.
Decentralized domain name protocol SPACE ID completes seed round financing led by Binance Labs
On September 2, SPACE ID, a decentralized multi-chain domain name protocol, completed its seed round of financing, led by Binance Labs. SPACE ID stated that the funds will be used for the further integration of .bnb domain name service and BNB Chain ecology, as well as the research and development of multi-chain domain name service.
It is reported that SPACE ID was established in March 2022. It is a decentralized domain name service protocol. Users can bind their identities in multiple chains, and the community can build their own domain name service through the SPACE ID network. So far, more than 40 applications have announced support for the integration of the SPACE ID protocol.
SPACE ID launched an auction on the Binance NFT platform in July, and the auction of ten selected .bnb domain names ended with a total value of approximately US$670,000. Since the opening of whitelist registration in mid-August, more than 19,000 .bnb domain names have been registered.
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