According to incomplete statistics from Odaily Planet Daily, there were 21 blockchain financing events announced at home and abroad from November 25 to December 1, an increase from last weeks data (14). The total amount of financing disclosed was approximately US$173 million, an increase from last weeks data (US$118 million).
Last week, the project that received the most investment was blockchain payment company Partior ($80 million); synthetic stablecoin issuance protocol usdx.money followed closely behind ($45 million).
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional company whose business involves blockchain):
On November 27, blockchain payment company Partior completed a $80 million Series B financing, with Deutsche Bank joining as a new investor. Previously, in July 2024, Partior announced that it had completed a $60 million financing, with investors including Peak XV Partners, JPMorgan Chase, Jump Trading Group, Standard Chartered Bank, Temasek and Valor Capital Group.
On November 29, the synthetic stablecoin issuance protocol usdx.money announced the successful completion of the latest round of financing. After this round of financing, the project valuation has reached 275 million US dollars. The amount of financing this time is about 45 million US dollars. The main investors include NGC, BAI Capital, Generative Ventures, UOB Venture Management, etc. Some investors injected capital in the form of warrants. The existing supporters of the project include Dragonfly Capital and Jeneration Capital.
On November 26, the modular public chain U 2 U Network announced the completion of a financing of US$13.8 million. Investors included KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3 V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, UB Ventures, etc.
On November 26, Zuoan Xinhui (Shanghai) Data Technology Co., Ltd. (hereinafter referred to as Zuoan Xinhui) launched the first RWA (Real World Asset Tokenization) project in the agricultural field - the Malu Grape RWA project, and completed 10 million yuan in equity financing.
As the project operator, Zuoan Xinhui integrates agricultural products and agricultural production data into project assets based on the core architecture of the SwiftLink management platform. Relying on the tradable properties of the project operators shares, it ensures the accuracy, completeness and timeliness of information disclosure and enhances investor confidence.
Schuman Financial Completes $7.36 Million Seed Round, Led by RockawayX
On November 26, stablecoin issuer Schuman Financial completed a $7.36 million seed round of financing in September, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. In addition, Schuman Financial launched the MiCA-compliant euro stablecoin EURØP.
On November 28, Avant, a developer of crypto yield protocols, completed a $6.5 million seed round of financing, with a post-investment valuation of $25 million. Superlayer, Avalaunch, GoGoPool, Daybreak Digital and Linda Kreitzman participated in the investment. Founder Rhett Shipp said that Avant was founded in June this year and started informal conversations with investors in May, but officially started financing in October and ended at the beginning of this month.
On November 26, Talus Network announced that it had completed a $6 million strategic round of financing at a valuation of $150 million, led by Polychain Capital, with participation from Animoca, Geek Cartel, Foresight Ventures and Echo, as well as a group of angel investors. Talus Network is a high-throughput blockchain protocol designed for decentralized artificial intelligence agents, and its total financing has reached $9 million to date.
OpenTrade Completes $4 Million Seed Round Extension Financing, Led by AlbionVC
On November 25, OpenTrade, a Web3 institutional lending and yield product platform, announced the completion of a $4 million seed round of extended financing, led by AlbionVC, with participation from a16z Crypto and CMCC Global. It is reported that OpenTrade intends to use this round of funds to expand its operations, enhance product functionality, and develop other services including yield products supported by new asset types.
On November 27, the privacy-first social protocol Rarimo announced the completion of a $2.5 million Vision round of financing, which is dedicated to founders. Ethereum co-founder Vitalik Buterin, Celestia co-founder Nick White, RiscZero co-founder Brian Retford, Gnosis co-founder Stefan George, Aleo co-founder Alex Pruden and other project founders participated in the investment. It is expected that in the first quarter of 2025, Rarimo will migrate to Ethereum in the form of a roll-up, making its ZK identity registry more accessible. It is reported that Rarimos identity model uses ZK to encapsulate existing identity proof methods and build applications on it, allowing users to prove their identity without fully disclosing their identities.
Bleap Completes $2.3 Million Seed Round Led by Ethereal Ventures
On November 28, Bleap, a blockchain bank account founded by former Revolut employees Joao Alves and Guilherme Gomes, completed a $2.3 million seed round of financing led by Ethereal Ventures. Other participants include Maven 11, Alliance DAO, Robot Ventures and Credibly Neutral, as well as investors from Revolut, Phantom, OKX, EigenLayer and Consensys. After this round of financing, the companys valuation reached $10 million.
Prediction Market BRKT.gg Completes $1.75 Million Seed Round Led by Foresight Ventures
On November 27, prediction market BRKT.gg announced on X that it had completed a $1.75 million seed round of financing, led by Foresight Ventures, with participation from Orange DAO, V3 V Ventures, MEXC Ventures, 280 Capital, Triton Liquid Fund, Movement, Silvermine Capital and Nibiru Chain.
BRKT.gg is a decentralized prediction market powered by Movement. It has attracted over 300,000 users in less than 6 months.
Web3 ARPG blockchain game Runesoul completes $1 million seed round of financing, led by Accelbyte
On November 30, the Web3 ARPG chain game Runesoul announced that it had completed a $1 million seed round of financing with a valuation of $20 million. This round of financing was jointly invested by Accelbyte and IGC.
Runesoul focuses on building an innovative Web3 ARPG gaming experience, aiming to combine on-chain economic systems with high-quality game content to attract global players and blockchain community users.
On November 29, BabyGOUT, a Meme coin fair issuance platform based on the BSC public chain, announced the completion of a US$500,000 seed round of financing. This round of financing was led by Crypto Labs and participated by Panther Capital and others.
It is reported that BabyGOUT is a fair issuance platform for Meme coins based on the BSC public chain, where users can launch tokens that can be traded immediately without providing liquidity. In addition, BabyGOUT is the first ecological project of the BSC public chain MEMECoin GOUT community.
SIX Invests in Spanish Real Estate Tokenization Platform OpenBrick
On December 1, SIX, the owner of the Spanish stock exchange BME, has invested in Spanish real estate tokenization platform OpenBrick as a complement to SIX Digital Exchange (SDX).
Lnfi Network completes Pre-Seed round of financing, with HashKey Capital and others participating
On November 30, Lnfi Network (formerly NostrAssets) announced that it had completed its Pre-Seed round of financing, with participation from HashKey Capital, UTXO Management, CMS Holdings, Waterdrip Capital, Wolfs Clothing and others. The specific amount and valuation information have not been disclosed. The new funds will support its expansion of the Lightning and Bitcoin order book exchange LN Exchange to upgrade the Lightning Network from an instant payment protocol to a comprehensive financial ecosystem.
On November 30, DeFi liquidity reactivation protocol Tren Finance announced the completion of its seed round of financing, with participation from Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital, Spyre Capital and others. The specific amount of financing and valuation information have not been disclosed. It is reported that Tren Finance currently mainly provides liquidity proof and hooks to the community to support DeFi services such as re-hypothecation LP, money market deposits and re-pledged positions.
No-code Telegram mini-program launcher SODA receives Pre-Seed round of funding led by Gagra Ventures
On November 30, SODA, a codeless Telegram applet launcher and cryptocurrency distribution infrastructure, announced the completion of a Pre-Seed round of financing, led by Gagra Ventures, with participation from Kenny Li (founder of Manta Network and p 0x Labs), Marat Khichikov (executive partner of Bitfury Group), Seb (founder of Sophon) and Omakase (early contributor of Sushiswap). The specific amount and valuation information have not been disclosed. SODA can support Memecoin developers to use Telegram as a distribution channel. It is expected to be launched in December 2024, first supporting Solana, EVM and TON blockchains, and later plans to expand to Sui, Aptos, etc.
Crypto investment platform BitSave completes Pre-A round of financing, led by Leo Capital
On November 27, BitSave, a Bangalore-based crypto investment platform, announced the completion of its Pre-A round of financing, led by Leo Capital. The specific financing amount and valuation data have not been disclosed. Currently, its core service is to provide cryptocurrency index products for professionals and high net worth individuals (HNIs), mainly tracking the Bloomberg Galaxy Crypto Index. The platform intends to use the new funds to support the demand for business licenses and plans to expand its crypto investment business to other Asian countries.
Vanilla Finance Completes Pre-Seed Round of Financing, Led by Paper Ventures and Others
On November 26, Telegram ecosystem trading platform Vanilla Finance announced the completion of its Pre-Seed round of financing, led by Paper Ventures, UOB Ventures and ABCDE Labs, with participation from HTX Ventures, Ocular, Openspace, Y 2 Ventures, Signum Capital and angel investors from projects such as STEPN and Scroll. The specific amount has not yet been disclosed. It is reported that Vanilla Finance intends to use the funds to expand the scope of market products, focus on deploying the digital economy in Southeast Asia and the Asia-Pacific region, and provide localized services.
On November 26, UXLINK announced a strategic partnership with Lumoz. UXLINK Ecosystem Fund UFLY LABS will also make a strategic investment in Lumoz. In the future, both parties will jointly build the Social Growth Layer. The Social Growth Layer is the first infrastructure layer positioned to support the social growth of Dapps.
BNB Chain Ecosystem Re-staking Infrastructure Kernel Receives Investment from Binance Labs
On November 25, BNB Chain ecosystem re-staking infrastructure Kernel announced that it had received investment from Binance Labs. As of now, its total financing amount has reached US$10 million. Major investors include: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.
