Overview of Global Blockchain Investment and Financing Last Week

According to statistics, there were a total of 21 investment and financing events in the global Blockchain field last week, with a total scale exceeding $133 million, which is a decrease compared to the previous week. The main investment and financing situations are as follows:

• In the DeFi sector, 5 incidents occurred, including the decentralized trading platform Dexari completing a $2.3 million seed round financing;
• Web3 games are on the rise, with the issuance platform Oncade raising $4 million in funding;
• In the Web3+AI field, 4 incidents occurred, among which the AI project Freysa AI's team received $30 million in funding.
• In the field of infrastructure and tools, there were 7 cases, among which Donut Labs completed a $7 million Pre-Seed round of financing;
• In other applications, Matador closed a second private placement of approximately C$1.42 million;
• Centralized finance has two occurrences, including the European fintech platform Velocity which raised $10 million in pre-seed funding.

DeFi

The stablecoin company Conduit has completed a $36 million Series A funding round, led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, and others. This round of financing brings the company's total funding to $53 million. Conduit was founded by Kirill Gertman in 2021 and focuses on building stablecoins and related infrastructure.

The decentralized exchange platform Dexari has completed a $2.3 million seed round financing, led by Prelude Ventures and Lemniscap, with participation from several well-known angel investors in the Hyperliquid ecosystem.

Solana-based DEX Fermi Labs has completed a $1.2 million Pre-seed funding round, led by Equilibrium and BBig Brain Holdings, with participation from several angel investors. Fermi Labs is a Web3 development studio focused on developing dApps and infrastructure, and its flagship product, Fermi DEX, is a decentralized exchange operating on the Solana Blockchain.

The Solana ecosystem project ego.tech has completed an $800,000 Pre-Seed funding round, with investors including several well-known project founders. Ego is a protocol aimed at monetizing any personal profile on the internet and is currently live.

Avalon Labs, a capital market on the Bitcoin blockchain, has completed a strategic round of financing, led by YZi Labs, with participation from Mirana, CE Innovation Capital, and GSR. The specific amount has not been disclosed. The financing will support license applications, the launch of public funds, and the expansion of institutional lending services.

Web3 Game

The Web3 game publishing platform Oncade has completed a $4 million funding round, led by a16z crypto CSX. Oncade is committed to helping game studios increase revenue by enhancing player engagement and community interaction.

Web3 game publisher Revolving Games has completed a new round of financing, led by Pantera Capital, with the specific amount undisclosed. The funds will be used to expand its game distribution ecosystem based on the RCADE Network.

AI

The crypto AI project Freysa AI's back team Eternis AI has completed a $30 million financing round, with investments from Coinbase Ventures and Selini Capital. The project is developed on the Base Blockchain, aiming to build a "personal AI digital twin."

Donut Labs completed a $7 million Pre-Seed round of financing, led by Sequoia, Bitkraft, and HackVC, with participation from ecosystem leaders like Solana. Donut aims to create the world's first "agent-based" cryptocurrency browser, featuring an AI agent that can recognize web intent and automatically execute on-chain transactions.

AI media company Rumi has completed a $4.7 million Pre-Seed funding round, led jointly by a16z crypto CSX and EV3. Rumi is committed to transforming passive media content into interactive experiences, allowing users to contribute computing power and data in exchange for rewards through a "watch-to-earn" mechanism.

The Solana ecosystem AI platform Assisterr has completed a $2.8 million financing round, with participation from Google for Startups, Outlier Ventures, and others. Assisterr is dedicated to helping users create, deploy, and monetize personalized AI agents through no-code tools.

Infrastructure and Tools

Blockchain infrastructure company Spetz Inc has completed its first round of private placement financing, issuing 14,702,617 units at a price of 0.50 CAD per share, raising a total of 7.35 million CAD. The funds will be used for the purchase of Sonic tokens, the deployment of validator node infrastructure, and the implementation of DeFi strategies.

The Solana ecosystem token issuance platform Cooking.City has completed a $7 million financing round, with investors including Jump, CMT Digital, Mirana, and others. 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 funding round led by Mason Labs. The funds will be used to develop blockchain security infrastructure against quantum computing threats.

The Bitcoin smart multi-signature wallet service provider Asigna has completed a $3 million financing round, led by Hivemind Capital and Tykhe Block Ventures. This non-custodial multi-signature solution currently manages over $1.1 billion in assets and supports the Bitcoin main chain and Layer 2 protocols such as Stacks.

BlockSpaces has completed a $2 million financing round led by Axiom, which will be used to launch the Bitcoin native collateral and risk management platform ARCC. The platform builds a trust-minimized execution environment using HTLC technology, allowing institutions to manage BTC collateral contracts natively.

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

Mirage Protocol completed a $1.6 million funding 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 its second round of non-brokered private placement, issuing 2,588,955 units at a price of CAD 0.55 per share, raising approximately CAD 1.42 million. The 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 round of financing, setting a record for financing at this stage in Europe this year. This round was led by Activant Capital, with participation from institutions such as Fuel Ventures. Velocity is building an enterprise-level fund management platform that is compatible with both traditional banking and Blockchain systems.

Stablecoin-based payment service provider Beam has completed a $7 million financing round, led by Castle Island Ventures. Beam connects traditional finance with Blockchain technology, allowing users to send and receive cross-border funds using stablecoins and fiat currencies.

Venture Capital Fund

Blockchain Builders has completed fundraising of $28 million, investing over $16 million in 40 blockchain startups, focusing on the intersection of AI and blockchain as well as financial technology applications.

Recently, Metalayer Ventures, founded by executives from Chainlink and Two Sigma, launched a $25 million fund focused on investing in early-stage projects in areas such as stablecoins, asset tokenization, and crypto infrastructure. The fund plans to ultimately provide early-stage financing for up to 30 companies.