According to incomplete statistics from Odaily Planet Daily, there were a total of 21 blockchain financing events announced from November 25 to December 1, an increase from last week's data (14 events). The total disclosed financing amount is approximately $173 million, an increase from last week's data ($118 million).
Last week, the project that received the most funding was blockchain payment company Partior ($80 million); the synthetic stablecoin issuance protocol usdx.money followed closely behind ($45 million).
The following are specific financing events (Note: 1. Sorted by disclosed amount; 2. Excludes fund fundraising and merger events; 3. * denotes some traditional field companies involved in blockchain):
Blockchain payment company Partior completed $80 million in Series B financing, with participation from Deutsche Bank.
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 the completion of a $60 million financing round, with investors including Peak XV Partners, JPMorgan, Jump Trading Group, Standard Chartered Bank, Temasek, and Valor Capital Group.
The stablecoin issuance protocol usdx.money completed $45 million in financing, reaching a valuation of $275 million.
On November 29, the synthetic stablecoin issuance protocol usdx.money announced the successful completion of its latest round of financing. After this round of financing, the project's valuation has reached $275 million. The financing amount is approximately $45 million, with major investors including NGC, BAI Capital, Generative Ventures, UOB Venture Management, etc., some of whom contributed through warrants. Existing supporters of the project include Dragonfly Capital and Jeneration Capital.
The modular public chain U2U Network completed $13.8 million in financing, with participation from KuCoin Ventures and others.
On November 26, the modular public chain U2U Network announced the completion of $13.8 million in financing, with investors including KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, UB Ventures, and others.
Left Bank Xinhui completed 10 million yuan in equity financing and launched the RWA project in the agricultural field.
On November 26, Left Bank Xinhui (Shanghai) Data Technology Co., Ltd. (hereinafter referred to as 'Left Bank Xinhui') launched the first RWA (Real World Asset Tokenization) project in the agricultural field - the 'Malou Grape RWA' project, and completed a 10 million yuan equity financing.
As the project operator, Left Bank 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 nature of the project operator's shares to ensure the accuracy, completeness, and timeliness of information disclosure, enhancing investor confidence.
Schuman Financial completed $7.36 million in seed round financing, led by RockawayX.
On November 26, stablecoin issuer Schuman Financial completed $7.36 million in seed round financing in September, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund, and Bankless Ventures. Additionally, Schuman Financial launched a Euro stablecoin EURØP compliant with MiCA standards.
Cryptocurrency yield protocol developer Avant completed $6.5 million in seed round financing, with participation from Avalaunch and others.
On November 28, cryptocurrency yield protocol developer Avant completed $6.5 million in seed round financing, with a post-investment valuation of $25 million, with participation from Superlayer, Avalaunch, GoGoPool, Daybreak Digital, and Linda Kreitzman. Founder Rhett Shipp stated that Avant was established in June of this year, began informal discussions with investors in May, officially started fundraising in October, and concluded at the beginning of this month.
Talus Network completed $6 million in strategic round financing at a valuation of $150 million, led by Polychain Capital.
On November 26, Talus Network announced the completion of $6 million in strategic round financing at a valuation of $150 million, led by Polychain Capital, with participation from Animoca, Geek Cartel, Foresight Ventures, Echo, and a number of angel investors. Talus Network is a high-throughput blockchain protocol designed for decentralized AI agents, and so far, its total fundraising has reached $9 million.
OpenTrade completed $4 million in seed round expansion financing, led by AlbionVC.
On November 25, the Web3 institutional lending and yield product platform OpenTrade announced the completion of $4 million in seed round expansion financing, led by AlbionVC, with participation from a16z Crypto and CMCC Global. It is reported that OpenTrade intends to use this round of funding to expand operational scale, enhance product functionality, and develop other services including yield products supporting new asset types.
Privacy-first social protocol Rarimo completed $2.5 million Vision round financing, with participation from Vitalik Buterin and others.
On November 27, the privacy-first social protocol Rarimo announced the completion of a $2.5 million Vision round financing, specifically for founders. Project founders including Ethereum co-founder Vitalik Buterin, Celestia co-founder Nick White, RiscZero co-founder Brian Retford, Gnosis co-founder Stefan George, and Aleo co-founder Alex Pruden participated. Rarimo is expected to migrate to Ethereum in the form of a roll-up in the first quarter of 2025, making its ZK identity registry easier to access. Reportedly, Rarimo’s identity model employs ZK to encapsulate existing identity proofing methods and builds applications on top of it, allowing users to prove their identity without fully disclosing it.
Bleap completed $2.3 million in seed round financing, led by Ethereal Ventures.
On November 28, Bleap, a 'blockchain bank account' founded by former Revolut employees Joao Alves and Guilherme Gomes, completed $2.3 million in seed round financing, led by Ethereal Ventures. Other participants include Maven11, Alliance DAO, Robot Ventures, and Credibly Neutral, as well as investors from Revolut, Phantom, OKX, EigenLayer, and Consensys. Following this round of financing, the company's valuation reached $10 million.
The prediction market BRKT.gg completed $1.75 million in seed round financing, led by Foresight Ventures.
On November 27, the prediction market BRKT.gg announced the completion of $1.75 million in seed round financing, led by Foresight Ventures, with participation from Orange DAO, V3V Ventures, MEXC Ventures, 280Capital, Triton Liquid Fund, Movement, Silvermine Capital, and Nibiru Chain.
BRKT.gg is a decentralized prediction market powered by Movement. In less than six months, it has attracted over 300,000 users.
Web3 ARPG chain game Runesoul completed $1 million in seed round financing, led by Accelbyte.
On November 30, the Web3 ARPG chain game Runesoul announced the completion of a $1 million seed round financing at a valuation of $20 million, co-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.
The BSC ecosystem meme coin issuance platform BabyGOUT completed $500,000 seed round financing, led by Crypto Labs.
On November 29, the Meme coin fair issuance platform BabyGOUT based on the BSC public chain announced the completion of $500,000 in seed round financing, led by Crypto Labs, with participation from 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 immediately tradable tokens without providing liquidity. Additionally, BabyGOUT is the first ecological project of the BSC public chain MEMECoin GOUT community.
SIX invested in the Spanish real estate tokenization platform OpenBrick.
On December 1, SIX, the owner of the Spanish stock exchange BME, invested in the Spanish real estate tokenization platform OpenBrick as a complement to the SIX Digital Exchange (SDX).
Lnfi Network completed Pre-Seed round financing, with participation from HashKey Capital and others.
On November 30, Lnfi Network (formerly NostrAssets) announced the completion of Pre-Seed round financing, with participation from HashKey Capital, UTXO Management, CMS Holdings, Waterdrip Capital, Wolf's Clothing, etc. Specific amounts and valuation information have not been disclosed. The new funds will support the expansion of the Lightning and Bitcoin order book exchange LN Exchange, elevating the Lightning Network from an instant payment protocol to a comprehensive financial ecosystem.
The DeFi liquidity restart protocol Tren Finance completed seed round financing, with participation from Maven Capital and others.
On November 30, the DeFi liquidity restart protocol Tren Finance announced the completion of seed round financing, with participation from Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital, Spyre Capital, etc. Specific financing amounts and valuation information have not been disclosed. It is reported that Tren Finance currently mainly provides liquidity proof and peg to support re-mortgaged LP, currency market deposits, and re-staking positions and other DeFi services.
The no-code Telegram mini-program launcher SODA received Pre-Seed round financing led by Gagra Ventures.
On November 30, the no-code Telegram mini-program launcher and cryptocurrency distribution infrastructure SODA announced the completion of a Pre-Seed round financing, led by Gagra Ventures, with participation from Kenny Li (founder of Manta Network and p0x Labs), Marat Khichikov (executive partner at Bitfury Group), Seb (founder of Sophon), and Omakase (early contributor to Sushiswap). Specific amounts and valuation information have not been disclosed. SODA supports Memecoin developers in utilizing Telegram as a distribution channel and is expected to launch in December 2024, initially supporting Solana, EVM, and TON blockchains, with plans to expand to Sui, Aptos, and others.
Cryptocurrency investment platform BitSave completed Pre-A round financing, led by Leo Capital.
On November 27, Bangalore-based cryptocurrency investment platform BitSave announced the completion of Pre-A round financing, led by Leo Capital, with specific financing amounts and valuation data not disclosed. Currently, its core service is to provide cryptocurrency index products for professionals and high-net-worth individuals (HNI), primarily tracking the Bloomberg Galaxy Crypto Index. The platform intends to use the new funds to support demand acquisition for business licenses and plans to expand its cryptocurrency investment business to other Asian countries.
Vanilla Finance completed Pre-Seed round financing, led by Paper Ventures and others.
On November 26, the Telegram ecosystem trading platform Vanilla Finance announced the completion of Pre-Seed round financing, led by Paper Ventures, UOB Ventures, and ABCDE Labs, with participation from HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital, and angel investors from projects like STEPN, Scroll, etc. The specific amount has not been disclosed. It is reported that Vanilla Finance intends to use the funds to expand its market product range, focusing on deploying digital economy services in Southeast Asia and the Asia-Pacific region.
UXLINK announced strategic investment in Lumoz, and the two parties will jointly create the Social Growth Layer in the future.
On November 26, UXLINK announced a strategic partnership with Lumoz, and the UXLINK ecological fund UFLY LABS will also strategically invest in Lumoz. In the future, both parties will jointly create the Social Growth Layer. The Social Growth Layer is the first infrastructural layer positioned to support the social growth of Dapps.
The BNB Chain ecosystem's re-staking infrastructure Kernel received investment from Binance Labs.
On November 25, the BNB Chain ecosystem's re-staking infrastructure Kernel announced that it has received investment from Binance Labs, bringing its total fundraising to $10 million so far, with major investors including 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.