From June 1 to June 7, there were 22 investment and financing events in the crypto market, including 8 in infrastructure, 2 in DeFi, 2 in CeFi, 2 in games, 2 in Metaverse, 1 in social, and 5 in others.
There are 7 financings of more than 10 million US dollars this week:
Cryptocurrency exchange Bitstamp has completed a $200 million round of M&A financing, with Robinhood as the investor.
Avail, a modular blockchain developed by Polygon, has completed a $43 million Series A financing round with investors including Dragonfly, Cyber Fund, etc.
M^0, the currency middleware for the digital age, has completed a $35 million Series A financing round with investors including Bain Capital Crypto, Pantera Capital, etc.
The Sandbox, a decentralized gaming ecosystem, has completed a $20 million round of financing from investors including Animoca Brands, Kingsway Capital, and others.
Cryptocurrency exchange XREX has completed a $18.75 million funding round with Tether as the investor.
Fhenix, a blockchain powered by fully homomorphic encryption, has completed a $15 million Series A funding round with investors including Hack VC, dao5, and others.
Web3 modular user security layer GoPlus Security has completed a $10 million round of financing from investors including OKX Ventures, HashKey Capital, etc.
This week, the enthusiasm for investment and financing in the crypto market has declined compared to last week. There were 8 infrastructure deals, and their financing remained in single digits. This week's financing areas are rich and diverse, and are concentrated in the current hottest tracks. Cryptocurrency exchange Bitstamp received the largest amount of financing this week.
This week's investment and financing projects are sorted by financing amount as shown below:
infrastructure
According to ROOTDATA investment and financing data on June 6, K3 Labs completed a round of Pre-seed financing of an unknown amount, with investors including Finality Capital Partners, Blockchain Founders Fund, etc. K3 Labs is introducing a combination of kubernetes and template-driven web service deployment to Web3, allowing developers to easily design and deploy business workflows and applications that leverage decentralized computing, storage, and execution capabilities. The K3 stateless Rollup framework allows developers to self-deploy (1) custom computing services and (2) operator networks that run arbitrary tasks in a trustless execution environment.
According to ROOTDATA investment and financing data on June 6, Glacier Network completed a round of $8 million in financing, with investors including Foresight Ventures, UOB Venture, etc. Glacier is building a completely permissionless and scalable NoSQL database for Web3 Dapps. Glacier will utilize the storage-based consensus paradigm (SCP) based on Arweave log data (ALD), which aims to store, share, and host user isolated data sets on a large scale to make storage and query completely secure.
According to ROOTDATA investment and financing data, on June 5, Nubit completed a round of $8 million seed round financing, with investors including Polychain, Nomad Capital, etc. Nubit is a scalable Bitcoin native data availability layer, protected by Bitcoin. Nubit is able to expand Bitcoin's data capacity without compromise, empowering applications such as Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of the Bitcoin ecosystem. It uses innovative consensus algorithms and lightning networks, inheriting Bitcoin's fully censorship-resistant characteristics.
According to ROOTDATA investment and financing data on June 5, GoPlus Security completed a round of financing of US$10 million, with investors including OKX Ventures, HashKey Capital, etc. GoPlus Network is a modular user security layer for Web3. It can be seamlessly integrated with any public chain to provide comprehensive protection throughout the user transaction lifecycle. GoPlus uses a transparent, decentralized user security network and cutting-edge artificial intelligence technology to conduct comprehensive risk analysis and provide users with intelligent and efficient security services. Among them, the Token security detection API is integrated with many head dAPPs of Web3, and the daily call volume has reached 21 million times; its user personal security platform SecWareX has obtained 1.8 million independent IP users in 2 months after its launch.
According to ROOTDATA investment and financing data on June 4, Fhenix completed a $15 million Series A financing round, with investors including Hack VC, dao5, etc. Fhenix is the first blockchain driven by fully homomorphic encryption. By using fhEVM, Fhenix enables Ethereum developers to seamlessly build encrypted smart contracts and perform data encryption calculations while using Solidity and other familiar and easy-to-use tools.
According to ROOTDATA investment and financing data on June 4, Topos completed a round of M&A financing, with Polygon as the investor. Topos is an interoperability protocol that uses zero-knowledge proofs and reliable broadcasts to allow various public and private blockchains to communicate with each other. Zero-knowledge proofs allow blockchains to prove the validity of their state transitions without compromising the privacy of internal information, such as account addresses and account balances.
According to ROOTDATA investment and financing data on June 4, Avail completed a $43 million Series A financing round, with investors including Dragonfly, Cyber Fund, etc. Avail is a modular blockchain focused on data availability: blockchain transactions are sorted and recorded, and block data can be proved to be available without downloading the entire block. This allows it to scale in ways that monolithic blockchains cannot. Off-chain expansion solutions can unlock the full potential of data availability by transferring it to Avail. Independent chains can use Avail to improve the security of validators to ensure data availability.
According to ROOTDATA investment and financing data, Everclear completed a round of $5 million in financing on June 3, with Pantera Capital as the investor. Everclear is the new foundation of the chain abstraction stack, which integrates with the intent protocol, solver network, modular blockchain and dApp to achieve the most efficient transaction settlement at the best price. Everclear coordinates the global settlement of inter-chain liquidity and solves the fragmentation problem of modular blockchain.
DeFi
According to ROOTDATA investment and financing data on June 6, Mountain Protocol completed a round of $8 million in Series A financing, with investors including Multicoin Capital, Coinbase Ventures, etc. Mountain Protocol allows approved users to purchase and redeem USDM at a fixed value of $1. It allows users to collect digital asset wallet addresses and wire transfer details to fund their accounts. All funds in the platform are automatically converted to US dollars after settlement. The US dollar balance can be transferred directly to the allowed EOA (in US dollars) or USDC, or it can be transferred to a bank (in US dollars).
According to ROOTDATA investment and financing data on June 5, M^0 completed a $35 million Series A financing round, with investors including Bain Capital Crypto, Pantera Capital, etc. M^0 is the currency middleware for the digital age. Based on a decentralized architecture and first-class collateral design, M^0 allows institutions to issue crypto dollars. It also allows M to be distributed to beneficiaries and governance token (ZERO) holders. There are three main types of participants in the protocol - minters, validators, and beneficiaries - all of which are licensed through governance. Protocol variables are also managed by governance and stored in the registrar configuration contract.
CeFi
According to ROOTDATA investment and financing data on June 6, Bitstamp completed a round of $200 million in M&A financing, with Robinhood as the investor. Bitstamp is a global cryptocurrency exchange that provides a secure and reliable platform where anyone can exchange traditional currencies for a range of the world's leading cryptocurrencies. Since 2011, Bitstamp has won the trust of more than 4 million individuals and financial institutions.
According to ROOTDATA investment and financing data, on June 5, XREX completed a round of financing of US$18.75 million, with Tether as the investor. XREX is a blockchain-enabled financial institution that works with banks, regulators, and users to redefine the banking industry. It provides enterprise-level banking services to small and medium-sized enterprises (SMBs) in emerging markets or businesses dealing with emerging markets, and provides financial services suitable for novices to individuals around the world. XREX was founded in 2018 and has multiple licenses around the world, providing a full range of services including digital asset custody, wallets, cross-border payments, fiat currency exchange, cryptocurrency exchange, asset management, and fiat currency imports and exports.
game
According to ROOTDATA investment and financing data on June 6, XOCIETY completed a round of $7.5 million in Series A financing, with investors including Hashed, Sui/Mysten Labs, etc. XOCIETY is a game metaverse that combines the essence of science fiction and fantasy in a unique third-person shooter and MMORPG hybrid. By actively participating and owning avatars and land NFTs, players can fully immerse themselves in the virtual world, help shape its future and get rewards.
According to ROOTDATA investment and financing data on June 5, Mythical Games completed a round of strategic financing, with investors including Find Satoshi Lab. Mythical Games is a next-generation game technology studio that aims to create world-class products and drive consumer adoption of distributed ledger technology through games. Mythical Games creates a Web3 game ecosystem by leveraging blockchain technology and playable NFT tools, enabling players, creators, artists, brands, and game developers to become stakeholders and owners of the new “play and earn” game economy.
original universe
According to ROOTDATA investment and financing data on June 6, The Sandbox completed a round of financing of US$20 million, with investors including Animoca Brands, Kingsway Capital, etc. The Sandbox is a decentralized, community-driven gaming ecosystem where creators can share and monetize voxel assets and gaming experiences on Ethereum.
According to ROOTDATA investment and financing data on June 3, HELIX Metaverse / Hypersonic Laboratories completed a $7 million Series A financing round, with investors including Play Ventures, Appworks, etc. HELIX (Hyper Expansive Lifelike Interoperable eXperience) is a high-fidelity metaverse platform centered around the concepts of true digital ownership and independent player economy. Immerse yourself in Parallel City, a carefully designed 1:1 scale New York City entertainment venue where users can freely explore the land, meet new friends, play games, and earn tokens. HELIX Metaverse was built by Hypersonic Laboratories.
social contact
According to ROOTDATA investment and financing data on June 6, Odysee completed a round of M&A financing, with Forward Research as the investor. Odysee is a blockchain-based media platform that hosts various media, such as pictures, articles, PDFs, audio files, etc., the most famous of which is hosting videos.
other
According to ROOTDATA investment and financing data on June 4, NFT Insider completed a round of M&A financing, with NFT Plazas as the investor. NFT Insider is a Web3 media that records daily NFT, web3 and blockchain news.
According to ROOTDATA investment and financing data on June 4, Starpower completed a $2 million Pre-seed round of financing, with investors including Arweave, Alliance DAO, etc. Starpower is a decentralized energy network that connects energy devices such as air conditioners, electric vehicle chargers, and batteries. It provides usage-based algorithms to improve energy efficiency, save electricity bills, and reduce the volatility of energy systems by coordinating device charging and discharging.
According to ROOTDATA investment and financing data on June 4, Cookie3 completed a round of financing of US$3.3 million, with investors including SkyVision Capital, Animoca Brands, etc. Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions to connect projects with the right audiences and create profit opportunities for both parties. Cookie3 uses off-chain and on-chain analysis and the Web3 AI data layer to ensure that only valuable user and project interactions can benefit from the MarketingFi ecosystem. In an economy where the boundaries between business owners, investors, and consumers become blurred, effective marketing becomes collaborative and value flows freely between all stakeholders.
According to ROOTDATA investment and financing data on June 3, Milady completed a round of $5 million in financing, with DWF Labs as the investor. LADYS is the meme coin of the Milady NFT series. LADYS is the essence of karma, charm, and beauty. The $LADYS coin has nothing to do with Charlotte Fang or her creation Milady Maker. This token is just a tribute to the NFT series that people love and recognize.
According to ROOTDATA investment and financing data on June 3, Milady completed a round of $5 million in financing, with DWF Labs as the investor. LADYS is the meme coin of the Milady NFT series. LADYS is the essence of karma, charm, and beauty. The $LADYS coin has nothing to do with Charlotte Fang or her creation Milady Maker. This token is just a tribute to the NFT series that people love and recognize.
