According to incomplete statistics from Odaily Planet Daily, there were 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 was approximately $173 million, an increase from last week's data ($118 million).
Last week, the project with the highest investment amount was blockchain payment company Partior ($80 million); the synthetic stablecoin issuance protocol usdx.money followed closely ($45 million).
The following are specific financing events (Note: 1. Sorted by disclosed amounts; 2. Excludes fund raising and merger events; 3. *Indicates some businesses involved are 'traditional' companies in blockchain):
Blockchain payment company Partior completed $80 million in Series B financing, with Deutsche Bank participating.
On November 27, blockchain payment company Partior completed an $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, 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 financing round, with a project valuation reaching $275 million after this round. The financing amount was approximately $45 million, with major investors including NGC, BAI Capital, Generative Ventures, UOB Venture Management, among others, with some investors injecting capital in the form of warrants. Existing supporters of the project include Dragonfly Capital and Jeneration Capital.
The modular public chain U 2 U Network completed $13.8 million in financing, with participation from KuCoin Ventures.
On November 26, the modular public chain U 2 U Network announced the completion of $13.8 million in financing, with participants including KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3 V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, and UB Ventures.
Left Bank Chip Wisdom completed a 10 million yuan equity financing and released an RWA project in the agricultural sector.
On November 26, Left Bank Chip Wisdom (Shanghai) Data Technology Co., Ltd. (hereinafter referred to as 'Left Bank Chip Wisdom') released the first RWA (Real World Asset Tokenization) project in the agricultural sector - the 'Malou Grape RWA' project, and completed a 10 million yuan equity financing. Left Bank Chip Wisdom, as the project operator, integrates agricultural products and agricultural production data into project assets based on the core architecture of the SwiftLink management platform, relying on the tradable attributes 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 a $7.36 million 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 that complies with MiCA standards.
Crypto yield protocol developer Avant completed a $6.5 million seed round financing, with participation from Avalaunch.
On November 28, the crypto yield protocol developer Avant completed a $6.5 million seed round financing, with a post-investment valuation of $25 million. Investors included Superlayer, Avalaunch, GoGoPool, Daybreak Digital, and Linda Kreitzman. Founder Rhett Shipp stated that Avant was established in June this year, began informal discussions with investors in May, officially started financing in October, and concluded at the beginning of this month.
Talus Network completed a $6 million strategic round financing at a valuation of $150 million, led by Polychain Capital.
On November 26, Talus Network announced the completion of a $6 million strategic round financing at a valuation of $150 million, led by Polychain Capital, with participation from Animoca, Geek Cartel, Foresight Ventures, Echo, and a group of angel investors. Talus Network is a high-throughput blockchain protocol designed specifically for decentralized AI agents, and to date, its total financing amount has reached $9 million.
OpenTrade completed $4 million in seed round extension financing, led by AlbionVC.
On November 25, the Web3 institutional lending and yield products platform OpenTrade announced the completion of a $4 million seed round extension financing, led by AlbionVC, with participation from a16z Crypto and CMCC Global. OpenTrade intends to utilize this round of funding to expand its operational scale, enhance product functionality, and develop other services, including yield products supporting new asset types.
The privacy-first social protocol Rarimo completed $2.5 million in Vision round financing, with participation from Vitalik Buterin and others.
On November 27, the privacy-first social protocol Rarimo announced the completion of $2.5 million in Vision round financing, specifically for founders. Ethereum co-founder Vitalik Buterin, Celestia co-founder Nick White, RiscZero co-founder Brian Retford, Gnosis co-founder Stefan George, Aleo co-founder Alex Pruden, and other project founders participated. It is expected that in the first quarter of 2025, Rarimo will migrate to Ethereum in the form of roll-ups, making its ZK identity registry more accessible. It is reported that Rarimo's identity model uses ZK to encapsulate existing identity proof methods and builds applications on that basis, 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, 'Blockchain Bank Account' Bleap, founded by former Revolut employees Joao Alves and Guilherme Gomes, completed a $2.3 million seed round financing, led by Ethereal Ventures. Other participants included Maven 11, Alliance DAO, Robot Ventures, and Credibly Neutral, as well as investors from Revolut, Phantom, OKX, EigenLayer, and Consensys. After 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, V3 V Ventures, MEXC Ventures, 280 Capital, Triton Liquid Fund, Movement, Silvermine Capital, and Nibiru Chain. BRKT.gg is a decentralized prediction market powered by Movement, attracting over 300,000 users in less than six months.
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, with investments from 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.
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 seed round financing, led by Crypto Labs, with participation from Panther Capital. It is reported that BabyGOUT is a fair issuance platform for meme coins based on the BSC public chain, allowing users to launch tokens that can be traded immediately without providing liquidity. In addition, 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, has invested in the Spanish real estate tokenization platform OpenBrick, complementing the SIX Digital Exchange (SDX).
Lnfi Network completed Pre-Seed round financing, with participation from HashKey Capital.
On November 30, Lnfi Network (formerly NostrAssets) announced it had completed 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. New funds will support its expansion of the LN Exchange for lightning and Bitcoin order book trading, elevating the lightning network from an instant payment protocol to a comprehensive financial ecosystem.
DeFi liquidity reboot protocol Tren Finance completed seed round financing, with participation from Maven Capital.
On November 30, the DeFi liquidity reboot 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 amount and valuation information have not been disclosed. It is reported that Tren Finance currently mainly provides liquidity proof and pegging to support re-collateralized LPs, money market deposits, and re-staking positions among other DeFi services.
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 p 0x 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 later.
Crypto investment platform BitSave completed Pre-A round financing, led by Leo Capital.
On November 27, Bangalore-based crypto investment platform BitSave announced the completion of Pre-A round financing, led by Leo Capital, with specific financing amount and valuation data not yet disclosed. Currently, its core service is to provide cryptocurrency index products for professionals and high net worth individuals (HNI), mainly tracking the Bloomberg Galaxy Crypto Index. The platform intends to use the new funding to support the acquisition of business licenses and plans to expand its crypto investment business to other Asian countries.
Vanilla Finance completed Pre-Seed round financing, with Paper Ventures and others leading.
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, Y 2 Ventures, Signum Capital, and angel investors from projects like STEPN and Scroll. The specific amount has not been disclosed. Vanilla Finance intends to use the funds to expand its market product range, focusing on deploying in the digital economy of Southeast Asia and the Asia-Pacific region, providing localized services.
UXLINK announced a strategic investment in Lumoz, and the two parties will jointly create a 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, the two parties will jointly create the Social Growth Layer, the first infrastructure layer aimed at supporting 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 it has received investment from Binance Labs, and to date, its total financing amount has reached $10 million, 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, DWF Labs.
