The infrastructure sector was more active this week, and the only billion-dollar financing occurred in this area.
According to the chain news statistics, between September 25 and October 1, 28 investment and financing events occurred in the crypto market, and the number of financing has increased. The total amount of investment and financing has been disclosed to be 436.4 million U.S. dollars. Affected by the decline in the number of single large-scale financing, the total amount of investment and financing this week has dropped significantly compared with last week, but it is still at a relatively high level in the past month.
Only 100 million-level large-scale financing occurred this week. From the perspective of track classification, financing events are mainly concentrated in the infrastructure and NFT fields, while the CeFi field accounts for a relatively large amount of financing. The highest amount is the cross-chain payment network cBridge launched by the second-tier expansion platform Celer, which has cross-chain funding of US$200 million; the second is that Upbit operator Dunamu completed a US$85 million financing with a valuation of approximately US$8.6 billion. In addition, due to the regulatory requirements of cryptocurrency laws and regulations around the world, the amount of investment and financing in the DeFi and CeFi fields has dropped sharply.
In terms of institutions, continued active institutions this week include Electric Capital, Coinbase Ventures, Polygon, a16z, Polychain Capital, Jump Capital, etc. Active institutions generally focus on infrastructure and NFT fields.
Note: The number of financing and the total amount in the statistics do not include fund raising and fundraising financing.
infrastructure
The cross-chain payment network cBridge launched by the second-tier expansion platform Celer reached US$200 million in cross-chain funds
The cross-chain payment network cBridge launched by the second-tier expansion platform Celer Network has now helped users cross-chain funds up to 200 million U.S. dollars, and the total cross-chain funds increased by 100 million U.S. dollars in a week.
Digital asset infrastructure company Zero Hash completes US$35 million in Series C financing, led by Point72
Zero Hash, a digital asset infrastructure company, announced the completion of a $35 million round C package, led by Point72 Ventures, with participation from NYCA Partners and DriveWealth.
Layer2 expansion project Nahmii completed $8 million in financing and released the Layer2 solution Nahmii 2.0
The Ethereum Layer 2 expansion project announced the completion of US$8 million in financing, led by DARMA Partners, with participation from Aligned Capital, CMT Digital, Delta Fund, Fourth Revolution Capital, and Quantstamp.
Multi-chain wallet XDEFI completes US$6 million in financing, led by Mechanism Capital
Multi-chain wallet XDEFI completed a $6 million financing. The financing methods include tokens and equity financing. Mechanism Capital led the investment. DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, CoinGecko and Morningstar Ventures participated in the investment. Individual investors include Darren Lau (The Daily Ape), Mark Zeller (Aave) Scoopy Trooples and Mariano Conti. This round of financing will be used to expand the team and improve the speed of wallet transactions between the L1 and L2 networks.
DAO Infrastructure Layer3 completes US$2.5 million in financing, ParaFi leads the investment
DAO Infrastructure Layer3 announced the completion of a seed round of USD 2.5 million, led by ParaFi, with participation from Electric Capital, Lattice Capital, 6th Man Ventures, Red Beard Ventures, and Mirana Ventures. Angel investors Balaji Srinivasan, Kain Warick, and Jai Bhavnani also participated This round of investment.
Polkadot Web3 wallet Talisman completed a seed round of 2.35 million USD led by Hypersphere Ventures
Polkadot Web3 wallet Talisman completed a seed round of US$2.35 million, led by Hypersphere Ventures, Koji Capital, Advanced Blockchain AG, Paka Fund, DFG, D1 Ventures, Paperclip Fund, Jsquare, and angel investors Moonbeam’s Derek Yoo and Acala’s Ruitao Su, Zeeprime, Hutch, Bruno Skvorc of RMRK, Brainjar, Leigh Travers, and 21 anonymous individuals from Flex Dapps participated in the vote.
NFT
Streaming media NFT market Eternal completes USD 4.5 million financing, with participation of Mark Cuban and Coinbase
Eternal, a streaming media NFT market built on the Flow blockchain, completed $4.5 million in financing. Investors include NFX, Mark Cuban, Coinbase Ventures, entrepreneurs and “New York Times” best-selling writer Gary Vaynerchuk, Dapper Labs, and Arrington Capital. Eternal has also received support from Y Combinator before.
Bloktopia, a virtual reality meta-universe project, completed a $4.2 million private equity round of financing, led by Animoca Brands
The virtual reality meta-universe project Bloktopia completed a $4.2 million private equity round of financing, led by Animoca Brands, Anti Fund, Polygon, Bitboy, Wendy-O, X21, GenBlock, AU21, Avalanche, Shima Capital, TKX Capital, Kucoin Labs, DuckDAO, Dreamboat Capital and Magnus Capital participated in the investment.
BSC’s “Play-to-earn” game Knight War completes US$2 million in Series A financing
The “Play-to-earn” game Knight War on Binance Smart Chain (BSC) completed US$2 million in Series A financing. Investors include Momentum 6, X21 Digital, AU21, VBC Ventures, Andromeda Research, Onebit Ventures, Clover Ventures, Basics Capital, Dreamboat Capital, Magnus Capital, DCI Capital, Titan Ventures, K300 Ventures, CoinF Ventures, Alphamoon Capital, AVA Capital, etc.
EnterDAO, which focuses on Metaverse Web3, has released a white paper and has completed a seed round of funding of $1.8 million
EnterDAO, a decentralized autonomous organization focused on the Web3 meta-universe, was formally established and released a white paper. Currently, the DAO has completed a seed round of funding of $1.8 million.
Blockchain card game Gods Unchained receives strategic investment from OKEx Blockdream Ventures
The blockchain card game Gods Unchained has received strategic investment from OKEx Blockdream Ventures. The two parties will cooperate to promote the global development of Gods Unchained and improve the development of the Gods Unchained ecosystem.
NFT ecosystem DoinGud completed a financing from multiple venture capital companies and individual investors
The NFT ecosystem DoinGud announced the completion of a financing from multiple venture capital companies and multiple individual investors. Investors include IOSG Ventures, DAOSquare, Ellipti, Alameda Research, Hard Yaka, Genblock Capital, Supernova, Kenetic Capital, FBG Capital, MetaCartel Ventures China, LD Capital and other venture capital companies, as well as Polygon co-founder Sandeep Nailwal, one of the founders of Giveth Griff Green, Gemini board member Ash Kalb, MaskBook’s Suji Yan and Frank Wang, Kenetic’s Jehan Chu, dOrg’s Jordan Ellis, etc. Individual investors.
DeFi
Stablecoin startup Angle Labs has completed a $5 million seed round led by a16z, and is expected to go live on the mainnet at the end of October
Stablecoin startup Angle Labs completed a $5 million seed round of funding, led by Andreessen Horowitz (a16z), with participation from Fabric VC, Wintermute, Divergence Ventures, Global Founders Capital, Alven, Julien Bouteloup and Frédéric Montagnon.
Clearpool, a decentralized capital market ecosystem, completes $3 million in financing
Clearpool, a decentralized capital market ecosystem, announced the completion of a $3 million financing. Participants include Sequoia Capital India, HashKey Capital, Hex Trust, Arrington XRP Capital, GBV Capital, Sino Global Capital, Wintermute, as well as Ascendex, BCW Group, and FBG Capital , Folkvang, Huobi Ventures, Kenetic Capital, etc.
Solana’s ecological decentralized social media platform Solcial received US$2.9 million in financing led by Alameda Research
Solana’s ecological decentralized social media platform Solcial received US$2.9 million in financing. Alameda Research led the investment, and Solana Foundation, Rarestone Capital, GBV, Shift Capital and Noia Capital participated in the investment.
The stablecoin protocol Float Protocol completed the diversified financing of the treasury of 1.2 million US dollars, with the participation of MCV and The LAO
Float Protocol, a stablecoin protocol, completed a $1.2 million Treasury Diversification financing. MetaCartel Ventures (MCV), The LAO, Eden Block, Aave founder Stani Kulechov, SushiSwap community consultant 0xMaki, and Polkadot ecological DeFi project Akropolis co-founded Ana Andrianova, Saddle Finance founder Sunil Srivatsa, DeFi investors Santiago R Santos, Batuhan Dasgin, Re7 Capital, Freddie Farmer, 7percent Ventures partner Ivailo Jordanov, P2P Capital partner Katya, Launchub Ventures partner Lyuben Belov and BlockScience research analysis Director Sergei Chan participated.
CeFi
Upbit operator Dunamu completes $85 million financing with a valuation of approximately $8.6 billion
Dunamu, the operator of the cryptocurrency exchange Upbit, completed approximately 100 billion won (approximately US$85 million) of financing at a valuation of 10.2 trillion won (approximately US$8.6 billion). Among them, Altos Ventures, Hana Financial Investment and Saehan Venture Capital are now Some investors bought the company’s stock. Saehan Venture Capital and Hana Financial invested 60 billion (approximately US$51 million) and 30 billion won (approximately US$25.5 million) in the company, respectively.
African cryptocurrency exchange Yellow Card completes US$15 million in Series A financing
African cryptocurrency exchange Yellow Card completed a US$15 million Series A financing, led by Valar Ventures, Third Prime, Castle Island Ventures, and participated in the investment by Cash App, Coinbase Ventures, Polychain Capital and Blockchain.com Ventures.
Digital asset management agency Blofin completed US$12 million in A2 round of financing, led by KuCoin Ecological Fund
Digital asset management agency Blofin completed a US$12 million A2 round of financing, led by KuCoin Ecological Fund, and participated in the investment by Matrix Partners, Lingfeng Capital and Fenbushi Capital.
Avantgarde Finance, an asset management platform built on Enzyme, completed US$5.5 million in Series A financing, led by Blockchange Ventures
Avantgarde Finance, an asset management platform built on the decentralized asset management agreement Enzyme, completed a US$5.5 million A round of financing. Blockchange Ventures led the investment, and Placeholder VC, Jump Capital, Acrew Ventures, Collaborative Fund, and CoinShares participated in the investment.
Cryptocurrency treasury management platform Coinshift completes $2.5 million seed round of equity financing
MultiSafe, a cryptocurrency treasury management platform, was renamed Coinshift and announced the completion of a seed round of 2.5 million in equity financing. Investment institutions include Sequoia India, Weekend Fund, ConsenSys Mesh, DeFi Alliance, Ethereal Ventures, Fintech Collective and Gnosis, and angel investors Fernando Martinelli, co-founder of Balancer Labs, Sandeep Nailwal, co-founder of Polygon, Ajit Tripathi, Larry Sukernik, head of Aave’s institutional business, etc.
Crypto trading platform Coinrule completed a seed round of $2.2 million, investors include the founders of Fitbit, Twitch and Kayak
Cryptocurrency trading platform Coinrule has completed a seed round of $2.2 million. Investors include Fitbit co-founder and CEO James Park, Twitch co-founder Kevin Lin, and Kayak founder Paul English.
application
Community token platform Roll completes US$10 million in Series A financing, led by IOSG Ventures
Community token platform Roll completed $10 million in Series A financing, led by IOSG Ventures, Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity, Longhash Ventures, Ruttenberg Gordon, Red Beard Venture, Blue 9 Capital, Galaxy Interactive , Hustle Fund and former Binance CFO Wei Zhou, Axie Infinity development company Sky Mavis co-founder and head of growth Jeff Zirlin, Skillshare and Turing Capital founder Michael Karnjanaprakorn, Messari CEO Ryan Selkis, Coinbase former CTO Balaji Srinivasan Joined the investment with Gary Vaynerchuk, CEO of VaynerMedia.
Unlock Protocol, a member content unlocking agreement, completes $4 million in financing
Unlock Protocol, a member content unlocking agreement, announced the completion of US$4 million in financing. Betaworks, Cygni Labs, “Guardian” parent company GMG Ventures and Metacartel Ventures China led the investment, and some early investors participated in the investment.
CitaDAO, a decentralized real estate financing platform, completed US$1 million in financing, with participation of Sora Ventures and SNZ Capital
Decentralized real estate financing platform CitaDAO completed $1 million in financing, venture capital institutions Sora Ventures, SNZ Capital, Turn Capital, Origin Capital and blockchain and DeFi project parties Synthetix, Cream Finance, Mercurial Finance, Manta Network, Kyber Network, Binance Individual leaders from MakerDAO, Bitgo, Parmenion and CBRE executives, and individual investors from MetaCartel Ventures and Nansen.ai communities participated in the investment.
tool
Gelato, an automatic execution tool for Ethereum smart contracts, completes $11 million in financing, and Dragonfly leads the investment
Gelato Network, an automatic execution tool for Ethereum smart contracts, announced the completion of a US$11 million Series A financing led by Dragonfly Capital, with participation from ParaFi Capital, Nascent, IDEO CoLab Ventures, and Aave founder Stani Kulechov.
Blockchain data analysis and investigation company Merkle Science completes US$5.75 million in Series A financing
Merkle Science, a Singapore-based blockchain data analysis and research company, announced the completion of US$5.75 million in Series A financing, led by Darrow Holdings, with participation from Kraken Ventures, Uncorrelated Ventures, Fenbushi Capital, Token Bay Capital, Kenetic Capital, and LuneX Ventures.
Blockchain startup Swash has completed a $4 million financing and will establish a user data trading platform
Blockchain startup Swash has completed a $4 million financing led by Outlier Ventures, Streamr and KuCoin. This round of financing will be used to promote the development of data monetization browser extensions and establish a “data alliance market” agreement.
other
Ripple launched a $250 million “Creator Fund” to incentivize the development of NFT projects on XRPL
Ripple announced the launch of a $250 million “Creator Fund” to encourage the development of projects related to NFT creation and the establishment of the NFT market on XRP Ledger (XRPL).
SBI, Sygnum and Azimut jointly launched a US$75 million venture capital fund, which will focus on digital assets such as DeFi
Japanese financial services company SBI, Swiss crypto bank Sygnum and Italian Azimut Group jointly launched a venture capital fund of up to 75 million U.S. dollars in Singapore, planning to invest in startups in the field of digital assets, aiming to support leading crypto startups in Europe and Southeast Asia.
Facebook launches 50 million US dollars investment fund for research on meta-universe related technologies
Facebook announced the launch of a two-year XR plan and the establishment of a US$50 million external investment fund for research on Metaverse related technologies. Facebook will cooperate with experts from the government, industry and academia, and will invest the research fund in global research and development. Project partners to jointly study related issues in the meta universe.
NFT Layer 2 solution Immutable X raises $12.5 million through token sales
The NFT second-tier solution Immutable X completed the token sale (token IMX) on CoinList on September 8, raising $12.5 million.
The EOS Foundation distributed a total of US$3.4 million in grants to 34 projects
Yves La Rose, the initiator of the EOS Foundation, stated that the EOS Foundation has issued initial grants of US$100,000 to 34 EOS ecological projects, totaling US$3.4 million.
The CCTV Financial Media Industry Investment Fund with a scale of 10 billion yuan was established, mainly investing in cutting-edge technology applications such as 5G and blockchain
The CCTV Financial Media Industry Investment Fund with a total scale of 10 billion yuan was formally established in Shanghai on September 26. The fund mainly invests in cutting-edge technology applications such as 5G, ultra-high-definition, artificial intelligence, cloud computing, and blockchain, and supports new media and new media. Format.
