According to incomplete statistics from Odaily Planet Daily, from June 2 to June 8, a total of 13 blockchain financing events were disclosed worldwide, a slight increase from the 11 in the previous week. The total financing amount was approximately US$228 million, more than doubling from the previous month, much higher than last weeks US$98.5 million.
The largest round of financing this week came from Scalable Capital, an AI-driven portfolio management service provider, which raised 155 million euros. Secondly, the public chain project IOST announced the completion of a strategic round of financing of 21 million US dollars. Overall, the highlight of this weeks financing is that most of the projects invested focus on the CeFi track, and centralized entities are still more attractive for investment.
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):
Scalable Capital Completes €155 Million Financing, Led by Noteus Partners
On June 3, Scalable Capital, an AI-driven portfolio management tool service provider, announced the completion of a 155 million euro financing round led by Noteus Partners, with participation from Balderton Capital, Tencent and HV Capital. Scalable Capital was founded in Munich in 2014 by Erik Podzuweit and Florian Prucker, and supports clients investing in more than 8,000 stocks, 2,500 ETFs, 3,500 funds and cryptocurrencies.
IOST Completes $21 Million Strategic Round of Financing, DWF Labs and Others Participate
On June 6, IOST announced the completion of a $21 million strategic round of financing, with participation from DWF Labs, Presto, and Rollman Management Groups. The new funds aim to align incentives, support sustainable network growth, and further decentralize validators and ecosystem infrastructure.
Crypto exchange Rails completes $14 million in new round of financing, led by Slow Ventures
On June 4, the crypto exchange Rails announced that it had completed a new round of financing of $14 million this week, led by Slow Ventures, with participation from Kraken, CMCC Global, Quantstam p and Round 13 Capital. The company hopes to provide American traders with a popular but difficult-to-obtain asset type: perpetual futures (perps). Rails previously received about $6.2 million in seed round financing, and the total financing has now exceeded $20 million.
Avantis Completes $8 Million Series A Financing, Led by Founders Fund and Others
On June 4, Avantis, a derivatives exchange of the Base ecosystem, announced the completion of a $8 million Series A financing round, led by Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund and Flowdesk. Valuation information has not yet been disclosed. It is reported that this round of financing will be completed in mid-2024, but Avantis chose to announce it now to cooperate with the development of the protocol.
On June 3, Limited, a new generation of financial technology company that provides self-custodial stablecoin banking services, announced the completion of a $7 million seed round of financing. This round of financing was led by North Island Ventures, with participation from SevenX Ventures, Third Prime, Arche Capital, and Collab+Currency.
Crypto credit startup 3 Jane completes $5.2 million seed round led by Paradigm
On June 4, crypto credit startup 3 Jane completed a $5.2 million seed round of financing, led by Paradigm. In a statement, the company described its protocol as a credit-based peer-to-peer money market that provides returns to farmers, traders, businesses, and AI agents through algorithmic, real-time unsecured USDC credit lines.
On June 8, decentralized artificial intelligence company RabitiAI announced the completion of a $5 million financing round led by Nortiyus. The new funds are intended to be used to support its construction of tools and infrastructure, enabling users to deploy and manage artificial intelligence models on a cross-blockchain-based architecture. Currently, its solutions are mainly used in fields such as medical care, finance, and logistics. It is expected to release an enterprise-level commercial version of decentralized AI tools in Q3 this year.
On June 6, Web3 security solutions provider Dedge Security announced the completion of a 4 million euro seed round of financing, led by venture capital firm Tritemius. The new funds will be used to build an ASPM (Application Security Posture Management) platform designed specifically for Web3 environments, aiming to provide protection from code to nodes and provide real-time risk visibility throughout the dApp life cycle.
On June 6, HashPower, an on-chain staking and yield protocol, announced the completion of a $4 million strategic financing round, with investors including HashKey Capital, FBG Capital, Hailstone Labs and DePIN X Capital. This round of financing will accelerate HashPowers vision: to expand global decentralized mining capabilities, optimize staking returns, and build digital assets and AI infrastructure with real-world application value through an on-chain, permissionless approach.
AI gaming startup Launcher Capital completes $4 million seed round, led by a16z CSX
On June 4, according to the official news of Launcher Capital, AI game startup Launcher completed a $4 million seed round of financing, led by a16z Crypto Startup Accelerator (CSX). The project aims to reconstruct the game industry ecosystem through AI and on-chain IP, lower the threshold for story creators and developers, support the rapid construction of AI-driven multi-player immersive game experience, enable users to become creators, and promote the expansion of global creativity.
DeFAI project HeyElsa completes $3 million financing, led by M 31 Capital
On June 5, the DeFAI project HeyElsa announced that it had completed a $3 million financing round led by M 31 Capital, with participation from Coinbase Ventures Base Ecosystem Fund, MH_Ventures, AbsolutaDigital, 2 sharesfund, levitate_labs, etc. The funds will be used to build an artificial intelligence stack in the crypto field, converting natural language into on-chain operations and bridging the gap between SDKs, APIs, and infrastructure.
On June 5, the DA layer interoperability protocol Sunrise completed a US$3 million seed round of financing, with participation from Decima, Animoca Brands Japan, Hyperithm, Cogitent Ventures, MZ Web3 Fund, V3 V Ventures, Connectico Capital, MH Ventures, etc. The new funds intend to support its integration of data availability layer and liquidity center functions into a single platform supported by Proof-of-Liquidity to achieve liquidity sharing.
On June 4, the Web3 identity protocol Shards Protocol announced the completion of a $2 million financing round, with participation from Animoca Brands, Kyber Ventures, and Yield Guild Games. The funds will be mainly used to develop Aura, a system that converts user on-chain activities into verifiable reputation and rewards. The system plans to launch tokens and expand functions within the year, and users can unlock rewards by minting more badges.
Momentum Completes Strategic Financing Led by OKX Ventures
On June 6, according to official news, Sui Ecosystem DEX Momentum has completed a new round of strategic financing, with a valuation of US$100 million, led by OKX Ventures, followed by Coinbase Ventures, its strategic partner Protagonist and DNA Fund, Gate Ventures, MEXC Ventures, and KuCoin Ventures. This round of financing will be used for Momentums growth in the Sui DeFi ecosystem.
On June 5, YZi Labs announced its investment in OneKey, an open source hardware wallet project, to enhance the security of global crypto assets and provide users with a low-threshold self-custody solution. OneKey was founded in 2019, with teams in China, Japan, South Korea, Dubai and Italy. In three years, user asset protection has increased 11 times, and annual sales of hardware wallets have increased by an average of 300%.
