According to incomplete statistics from Odaily Planet Daily, there were 19 blockchain financing events at home and abroad announced from August 19 to August 25, which was unchanged from last week's data (19). The total amount of financing disclosed was approximately US$193 million, which was an increase from last week's data (US$170 million).

Last week, the project that received the most investment was the intellectual property blockchain Story ($80 million); followed by the encryption "VPU" chip developer Fabric ($33 million).

The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and M&A events; 3. * indicates a "traditional" company whose business involves blockchain):

Intellectual property blockchain Story completes $80 million Series B financing, led by a16z, with participation from Polychain and others

On August 21, PIP Labs, the core contributor team of Story, an intellectual property blockchain, announced the completion of a $80 million Series B financing led by a16z crypto. Polychain participated as a strategic investor. Other existing investors include Scott Trowbridge, senior vice president and board member of Stability AI, Adrian Cheng, founder of K11, and digital art collector Cozomo deMedici, No Capital, etc. The new round of financing brings PIP Labs' total financing to $140 million.

Fabric, a cryptographic "VPU" chip developer, completes $33 million in Series A funding, led by Blockchain Capital and 1kx

On August 19, Fabric, a company developing cryptographic "VPU" chips, announced the completion of a $33 million Series A financing round, led by Blockchain Capital and 1kx, with participation from Offchain Labs, Polygon and Matter Labs. The new funds will be used to build computing chips, software and encryption algorithms. The core of Fabric's roadmap is to build a new processing unit called "Verifiable Processing Unit (VPU)", which will be specifically used to process encryption technology.

BiFinance Completes USD 10 Million Series A Funding, Led by Sunfund Fortuna Global Opportunities

On August 19, digital asset trading platform BiFinance announced on X platform that it had completed a $10 million Series A financing round, led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education and TigerBCDAO. It is reported that BiFinance's valuation in this round of financing reached $100 million. The new funds will be used to further connect traditional financial assets such as stocks and bonds with the Web3 ecosystem and provide asset-backed tokens (RWA/STO) to enterprises.

Skyfire, an AI-powered encrypted payment network founded by former Ripple executives, completes $8.5 million in seed round financing, with Circle and others participating

On August 21, Skyfire, founded by former Ripple executives, announced the completion of a $8.5 million seed round of financing to provide encrypted payment solutions for AI agents. Investors include USDC issuer Circle, Ripple, Gemini, and the venture capital firm of Tim Draper, a well-known Silicon Valley billionaire and Bitcoin advocate.

Bitcoin re-staking platform SatLayer completes $8 million Pre-Seed round of financing, led by Hack VC and Castle Island Ventures

On August 21, Babylon-based Bitcoin re-staking platform SatLayer announced the completion of a $8 million Pre-Seed round of financing, led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, Arkstream Capital, Mantle Ecofund, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings, etc. SatLayer co-founder Luke Xie revealed that the project's initial goal was to raise $4 million, but when it started raising funds in April, the round was oversubscribed within a month.

Anti-MEV tool developer Sorella Labs completes $7.5 million seed round of financing, led by Paradigm and participated by Uniswap

On August 21, Sorella Labs, a crypto startup dedicated to solving Ethereum's MEV problem, completed a $7.5 million seed round of financing led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, Nascent and others.

GenLayer Completes $7.5 Million Seed Round Led by North Island Ventures

On August 21, the smart contract blockchain project GenLayer announced the completion of a $7.5 million seed round of financing, led by North Island Ventures, with participation from Node Capital, Arrington Capital, ZK Ventures, WAGMI Ventures and others. The new funds will be used to enhance GenLayer’s artificial intelligence technology, thereby enabling the creation of smart contracts that can access the Internet in real time and make decisions in a decentralized environment for the first time.

Ethereum L2 network Corn completes $6.7 million in financing, led by Polychain Capital

On August 20, Ethereum L2 network Corn completed US$6.7 million in financing, led by Polychain Capital, with participation from Binance Labs, Framework Ventures, OKX Ventures, HTX, Ventures and Relayer Capital.

Base Ecosystem DeFi Protocol BSX Completes $6.2 Million in Financing

On August 22, the Base ecosystem DeFi derivatives protocol BSX announced the completion of $6.2 million in seed and pre-seed rounds of financing. The seed round was $4 million, led by Blockchain Capital. The pre-seed round was completed two years ago with a fundraising amount of $2.2 million.

Polygon PoS on-chain private credit fund Credbull raises $5.2 million, led by GnosisVC

On August 22, Credbull, a compliant private credit fund based on the Polygon PoS chain, completed a US$5.2 million financing round, led by GnosisVC, with strategic participation from Outlier Ventures, HODL Ventures, XBTO, LucidBlue Ventures, CryptoHedge, and SingularityDAO’s Marcello Mari.

Crypto lending platform Arch completes $5 million seed round of financing, led by Morgan Creek Digital and Castle Island Ventures

On August 22, the crypto lending platform Arch announced the completion of a $5 million seed round of financing, which was co-led by Morgan Creek Digital and Castle Island Ventures. At the same time, Galaxy provided it with $70 million in debt financing. The funds will be used to serve institutional clients and individual investors. Arch was founded in February 2022 by financial industry veterans Dhruv Patel and Himanshu Sahay to revive the crypto lending industry, which has been hit by the collapse of companies such as BlockFi and Genesis.

Web3 social gaming ecosystem Soulbound raises $4 million, with Animoca Brands and others participating

On August 20, the Web3 social gaming ecosystem Soulbound announced the completion of a $4 million financing round, with participation from iAngels, Animoca Brands, Big Brain Holdings, NGC Ventures, Panony, Delta Blockchain Fund, and Blocklords CEO David Johansson. The new funds will be used to establish gaming partnerships, increase social interactions, and expand anchor bounties and social tasks.

Web3 oracle service provider Stork Network completes $4 million seed round of financing, led by Lightspeed Faction

On August 22, Web3 oracle service provider Stork Network completed a $4 million seed round of financing, led by Lightspeed Faction, with participation from Lattice, CMS and Wintermute. The new funds will be used to enhance its product offerings.

Bitcoin payment company Ark Labs completes $2.5 million pre-seed round of financing, led by Draper Associates

On August 24, Bitcoin payment company Ark Labs completed a $2.5 million Pre-seed round of financing, led by Draper Associates, with participation from Fulgur Ventures, Axiom Capital and angel investor Stephen Cole.

Lightning Network Payment Company TMRW Completes $1.3 Million Pre-Seed Round of Funding, Led by Maple VC

On August 22, Miami-based Bitcoin Lightning Network payment startup TMRW completed a $1.3 million Pre-Seed round of financing led by Maple VC and participated by angel investors including Brad Mills.

Bitcoin native stablecoin project Ducat completes $1.25 million Pre-Seed round of financing, led by UTXO Management

On August 23, Ducat, a Bitcoin native stablecoin project on Runes, announced on the X platform that it had completed a $1.25 million Pre-Seed round of financing, led by UTXO Management, with participation from THE CMS, Bitcoin Frontier Fund, Revelo Intel, MARIN DIGITAL VENTURES, Samara Asset Group, ₿itcoin Startup Lab, Bitflow, X+, and others.

Web3 security and transparency platform g 8 keep completes $1.25 million in financing, with participation from Base Ecosystem Fun and others

On August 23, Web3 security and transparency platform g 8 keep announced the completion of a $1.25 million financing round, with participation from Robot Ventures, Base Ecosystem Fund, cygaar, devops 199 fans and others. The new funds will be used to expand its security and transparency platform to address defects in token issuance and transactions, including correcting vulnerabilities exposed by users and ensuring that users are provided with a safe and reliable digital asset usage environment.

TON Ecosystem Sports Game Platform Fanton Fantasy Football Raises $1 Million in Financing, with Animoca Brands and Others Joining the Investment

On August 22, TON ecosystem blockchain fantasy sports platform Fanton Fantasy Football announced the completion of a US$1 million seed round of financing, with participation from Animoca Brands, Delphi Ventures, Kenetic Capital, Hashkey x TON Accelerator, PAKA Fund and Sign VC. The specific valuation information has not yet been disclosed.

Last Odyssey Completes Seed Round Financing with Animoca Brands and OKX Ventures Joining

On August 20, Last Odyssey, the first 5X (explore, expand, collect, eliminate, exchange) social basic strategy game, completed its seed round with investment from well-known venture capital OKX Ventures, Animoca Brands, Coin 98 Ventures, Selini Capital and Summer Capital. Built by Everest Ventures Group, Last Odyssey will continue to improve its gameplay and focus on e-sports elements to expand the immersive Web3 gaming experience and grow its community.