Global Blockchain Week raised $133 million, with DeFi and infrastructure sectors being the most active.

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Global Blockchain Investment and Financing Weekly Report: 21 incidents with a total amount exceeding 133 million USD

Last week (5.26-6.1), there were a total of 21 investment and financing events in the global Blockchain sector, with a total scale exceeding 133 million USD, showing a slight decrease compared to the previous week. The main areas of distribution are as follows:

  • In the DeFi sector, 5 incidents occurred, among which the decentralized exchange platform Dexari completed a $2.3 million seed round.
  • Web3 games are on the rise, including the game distribution platform Oncade which has secured $4 million in funding.
  • In the direction of Web3+AI, the AI project Freysa AI raised 30 million USD.
  • With the support of infrastructure and tools, Donut Labs has raised $7 million to launch an AI-driven crypto browser.
  • Along with other applications, Matador completed approximately 1.42 million Canadian dollars in financing for the purchase of Bitcoin.
  • Centralized Finance 2.0, European fintech platform Velocity completes $10 million pre-seed round

Financing Weekly Report | 21 public financing events, stablecoin company Conduit completes $36 million Series A financing, led by Dragonfly Capital

DeFi

A stablecoin company has completed a $36 million Series A financing, led by a well-known investment institution, with participation from multiple other institutions. The company was founded by Kirill Gertman in 2021 and focuses on building stablecoins and related infrastructure.

The decentralized trading platform Dexari announced the completion of a $2.3 million seed round financing, led by two investment firms, with participation from several well-known angel investors in the ecosystem.

The public chain ecological DEX Fermi Labs announced the completion of a $1.2 million Pre-seed round of financing, led by two institutions with multiple angel investors participating. Fermi Labs is a Web3 R&D studio focused on developing dApps and infrastructure. Its flagship product Fermi DEX is a decentralized exchange that utilizes instant order settlement and liquidity abstraction technology.

ego.tech completed an $800,000 Pre-Seed funding round, with participation from founders of several well-known projects. Ego is a protocol aimed at monetizing any online profile, and the protocol is now live.

Avalon Labs, a capital market on the Bitcoin blockchain, announced the completion of a strategic round of financing, with the specific amount undisclosed. Avalon stated that this financing will support multiple initiatives, including regional license applications, the launch of public funds, and the expansion of institutional lending services.

Web3 Games

The Web3 game distribution platform Oncade has announced the completion of a $4 million financing round. Oncade is dedicated to helping game studios increase revenue by enhancing player engagement and community interaction. Its core philosophy is to build a game store directly aimed at players through a community-driven approach.

A certain Web3 game publisher has announced the completion of a new round of financing to expand its game distribution ecosystem based on RCADE Network, with the specific amount not disclosed. The company plans to accelerate the launch of multiple games.

AI

The crypto AI project Freysa AI has completed a $30 million financing through its affiliated entity. The project is developed based on a certain blockchain and aims to build a "personal AI digital twin."

New York-based Donut Labs has announced the completion of a $7 million Pre-Seed funding round. Donut aims to create the world's first "proxy-style" crypto browser, featuring an AI proxy that can recognize web intent and automatically execute on-chain transactions, such as currency exchange, mining, and asset optimization.

AI media company Rumi announced the completion of a $4.7 million Pre-Seed round of financing. Rumi is dedicated to transforming passive media content into interactive experiences, allowing users to contribute computing power and data in exchange for rewards through a "watch and earn" mechanism, and interact with AI in real time.

The public chain ecological AI platform Assisterr announced the completion of a $2.8 million financing, with a company valuation of $75 million. Assisterr is committed to helping users create, deploy, and monetize personalized AI agents through no-code tools, with its core technology focusing on small language models (SLMs).

Infrastructure and Tools

Blockchain infrastructure company Spetz Inc has completed its first round of private placement financing, raising approximately $7.35 million. The funds will be used to purchase tokens for a certain project, deploy verification node infrastructure, and implement DeFi strategies.

The public chain ecological token issuance platform Cooking.City has announced the completion of a $7 million financing. The platform has pioneered the "Confidence Pool" mechanism and a social incentive rebate system, aiming to create a transparent, sustainable, and community-oriented new paradigm for issuance.

Naoris Protocol, a blockchain security protocol, has completed a $3 million strategic round of financing. The funds will be used to develop blockchain security infrastructure against quantum computing threats.

The Bitcoin smart multi-signature wallet service provider Asigna announced the completion of a $3 million financing. At the same time, it released the v2 version upgrade, which includes support for embedded applications and a developer SDK toolkit.

BlockSpaces has completed a $2 million financing round, which will be used to launch the Bitcoin-native collateral and risk management platform ARCC. This platform is built using HTLC technology to create a trust-minimized execution environment, enabling institutions to natively manage BTC collateral contracts, forward transactions, and BitBonds.

The intelligent crypto trading tool Alph.AI has completed a $2 million financing round, with the new funds intended to promote the platform's AI development to help users identify high-potential tokens early.

Mirage has completed a $1.6 million financing round, aiming to build a modular financial protocol based on the Move language, with core products including the yield-bearing stablecoin mUSD and a perpetual contract platform with low fees and high liquidity.

Other

The Bitcoin technology company Matador has completed a second round of non-brokered private placement financing of approximately 1.42 million CAD. The raised funds will be used for Bitcoin acquisitions, advancing gold business, and general corporate purposes.

Centralized Finance

The European fintech infrastructure platform Velocity has completed a $10 million pre-seed financing round, setting a record for the same stage of financing in Europe this year. The company focuses on three major development areas: an integrated account structure that combines virtual IBAN and digital wallets, real-time foreign exchange smart routing supporting fiat and stablecoins, and an automated cross-border settlement system.

Stablecoin-based payment service provider Beam has completed a $7 million financing round. Beam is a payment platform that connects traditional finance with blockchain technology, enabling users to send and receive cross-border funds using stablecoins and fiat currencies.

Venture Capital Fund

Blockchain Builders has raised $28 million in funding, having invested over $16 million in 40 blockchain startups, focusing on the intersection of AI and blockchain as well as applications in financial technology.

Metalayer Ventures has launched a $25 million fund focused on investing in early-stage projects in areas such as stablecoins, asset tokenization, and cryptocurrency infrastructure. The fund plans to ultimately provide early financing to up to 30 companies, with individual investments expected to range from $500,000 to $1 million.

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SchroedingerMinervip
· 07-11 17:16
Still the same, messing up the money circle.
View OriginalReply0
MetaverseLandlordvip
· 07-11 13:07
Still have to say that the numbers are not as good as the past two years.
View OriginalReply0
GateUser-c802f0e8vip
· 07-11 12:55
The financing amount is not great.
View OriginalReply0
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