Original Title: (Bull Return! Focus on recent large funding of unissued token projects)

Original authors: Viee, Biteye


Recently, several unissued token projects successfully raised over ten million USD, involving AI, L2, zk, DeFi, and other sectors. This article by Biteye will introduce these 18 projects one by one, including KOL attention, investors, and funding amounts.



1, Azra Games


Funding of 42 million USD, invested by Pantera Capital, Andreessen Horowitz, and others.


A blockchain gaming company aiming to create mainstream collectible and role-playing games.


2, Glow


Funding of 30 million USD, invested by Framework Ventures, USV, and others.


Glow is building proof of physical work (PoPW) for carbon credits.


3, Nillion


Funding of 25 million USD, invested by Hack VC, HashKey Capital, and others.


Building a decentralized public network based on 'zero computation' to protect data privacy.


4, Atlas


Funding of 21 million USD, invested by Haun Ventures, Paradigm, and others.


A blockchain for verifiable finance, built for reliable transactions and near-zero transaction cost financial applications.


5, Ithaca


Funding of 20 million USD, invested by Paradigm.


An open-source L2 split off from Paradigm, developing Odyssey.


6, Bluesky


Funding of 15 million USD, invested by Blockchain Capital, SevenX Ventures, and others.


Building the AT protocol to enable creators to build freely independent of platforms.


7, Citrea


Funding of 14 million USD, invested by Founders Fund, Maven 11, and others.


Each transaction is fully protected by zero-knowledge proofs and verified through BitVM.


8, zkPass


Funding of 12.5 million USD, invested by Archetype, Breyer Capital, and others.


A private data protocol utilizing 3P-TLS and hybrid ZK technology.


9, Opacity Network


Funding of 12 million USD, invested by Archetype, Breyer Capital, and others.


A zero-knowledge proof protocol that enables trustless information sharing and verification in minutes.


10, Solv Protocol


Funding of 11 million USD, invested by Blockchain Capital, OKX Ventures, and others.


A decentralized Bitcoin staking protocol.


11, delta


Funding of 11 million USD, invested by Variant Fund, Maven 11, and others.


A network with shared state.


12, Sapien


Funding of 10.5 million USD, invested by Variant Fund, Primitive Ventures, and others.


A scalable data labeling solution aimed at advancing AI language learning models.


13, Variational


Funding of 10.3 million USD, invested by Bain Capital Crypto, Peak XV Partners, and others.


A cryptocurrency derivatives trading protocol based on Arbitrum.


14, vlayer


Funding of 10 million USD, invested by Andreessen Horowitz, BlockTower Capital, and others.


A trustless verifiable data infrastructure supported by zero-knowledge proofs.


15, PumpBTC


Funding of 10 million USD, invested by SevenX Ventures, Mirana Ventures, and others.


Babylon's liquid staking solution.


16, Validation Cloud


Funding of 10 million USD, invested by TCG.


A Web3 infrastructure platform providing elite, high-performance nodes and staking infrastructure.


17, Mento


Funding of 10 million USD, invested by HashKey Capital, No Limit Holdings, and others.


A stablecoin and digital asset innovation lab spun off from cLabs (Celo).


18, PiP World


Funding of 10 million USD, undisclosed investors.


A Web3 gaming and education project, launching a game called Gold Rush on Telegram.


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