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Sei Foundation launches Sapien Capital, a $65M DeSci venture fund #SeiFoundation launches #SapienCapital , a $65M venture fund to back #DeSci startups building on its #Layer1 #Sei blockchain. The Sei Foundation has allocated the full $65M for the fund but may collaborate with external investors or limited partners in the future. Sapien Capital will invest in tokens and equity of DeSci startups, with investment amounts ranging from $100K to $2M. The fund intends to invest its entire capital within the next three to four years. 👉 theblock.co/post/337808/sei-foundation-desci-venture-fund-sapien-capital
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Daily Summary on January 30, 2025 $DEXE $HYPE $RAY $ONDO $LTC #ETH #BTC $SOL $WIF $XRP #dailysummary #DeFi #Crypto
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Mevvy raises $2.8M in a Seed funding round #Mevvy secures $2.8M in a Seed funding round led by Multicoin Capital, with participation from Chapter One, Hypersphere, Nascent, Borderless Capital, Relayer Capital, Modular Capital, Equilibrium Ventures, JPEG Trading, GSR, Selini Capital and angel investors. Mevvy enables seamless #MEV on any chain, reducing the barrier of entry for searchers to quickly tap into new opportunities. 👉 x.com/mevvynetwork/status/1884658294675079228
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Giza conducts its token sale on Legion #Giza token sale is now live on the #Legion platform and will end on February 5th. Giza token sale hardcap is $4M, with a fully diluted valuation of $45M and a minimum allocation of $1K. 20% of tokens will be available at TGE, and 80% will be unlocked linearly over 24 months. Giza is a protocol that enables the deployment of #AI models on-chain using a fully trustless approach. The project is backed by CoinFund, Arrington XRP Capital, StarkWare and others. 👉 x.com/legiondotcc/status/1882807549139055037
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Injective integrates native Ethereum Virtual Machine into its Layer 1 blockchain #Injective $INJ integrates native Ethereum Virtual Machine into its #Layer1 blockchain, aimed at improving the network’s capabilities. Injective’s initial software architecture lacks native support for #EVM code, but this advancement will enable Ethereum-compatible decentralized applications on the network. Injective’s native EVM will employ the latest version of the client software #Geth , maintaining compatibility with the current #Ethereum tooling and standards. It aims to provide a fully embedded execution environment within the chain’s core infrastructure, removing the need for external interoperability solutions. 👉 theblock.co/post/337643/injective-to-add-native-high-performance-evm-support-to-its-layer-1-blockchain
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