From June 15 to June 21, there were 12 investment and financing events in the crypto market, including 4 infrastructure, 2 DeFi, 2 NFT, 1 game, 1 social, and 2 others.
There are 4 financings of more than 10 million US dollars this week:
The modular L1 blockchain Particle Network has completed a $15 million Series A funding round with investors including Spartan Group, gumi Cryptos Capital, and others.
Sonic, a gaming chain based on Solana, has completed a $12 million Series A financing round with investors including Bitkraft Ventures, OKX Ventures, etc.
Renzo Protocol, a re-staking protocol based on EigenLayer, has completed a round of financing of US$10 million from investors including Galaxy Digital, Brevan Howard Digital, etc.
Web3 talent network Bondex has completed a $10 million round of financing from investors including Animoca Brands, Morningstar Ventures, and others.
This week, the enthusiasm for investment and financing in the crypto market has dropped significantly compared to last week, with the number of deals decreasing by 50%. Each type of financing remains in the single digit, and the decline in large-scale financing is relatively insignificant. The modular L1 blockchain Particle Network 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 20, Particle Network completed a round of $15 million in Series A financing, with investors including Spartan Group, gumi Cryptos Capital, etc. Particle Network is a modular L1 blockchain that powers chain abstraction by creating universal accounts, providing users with a single address and interaction point across chains, while extracting gas and unifying liquidity. This enables existing L1 and L2 to seamlessly coordinate across ecosystems.
According to ROOTDATA investment and financing data on 06-19, Router Protocol completed a round of strategic financing of unknown amount, with investors including Wintermute, Woodstock, etc. Router Protocol is a cross-chain messaging protocol that uses a mesh network architecture to facilitate communication between different chains. Router offers a suite of products, including its main application Voyager, a flexible widget, and an SDK called CrossTalk.
According to ROOTDATA investment and financing data on June 18, AgentLayer completed a seed round of financing of US$1.5 million, with investors including MH Ventures and Web3.com Ventures. AgentLayer is a decentralized AI token public chain that combines artificial intelligence with human collaboration. AgentLayer uses OP Stack and EigenDA to create AgentChain, a public blockchain that enhances coordination and collaboration between agents supported by the AgentLink protocol. The blockchain facilitates contracts and transaction logs between agents, and provides agent OP sorters to enhance the collaborative network of agents.
According to ROOTDATA investment and financing data on June 18, Sonic completed a round of $12 million in Series A financing, with investors including Bitkraft Ventures, OKX Ventures, etc. Sonic is a game chain based on Solana, and proposed the first expansion architecture HyperGrid, which can help game developers efficiently process and manage game status, logic and events. Sonic is 100% compatible with all EVM smart contracts and has a native game engine, providing game developers with comprehensive On-Chain game development components.
DeFi
According to ROOTDATA investment and financing data on 06-19, Rango completed a round of financing of unknown amount, with investors including Binance Labs, Nomad Capital, etc. Rango is a cross-chain DEX aggregator that combines the powerful functions of DEX aggregators within the blockchain with multiple bridges and cross-chain liquidity providers to provide users with better liquidity.
According to ROOTDATA investment and financing data 06-18, Renzo Protocol completed a round of financing of US$10 million, with investors including Galaxy Digital, Brevan Howard Digital, etc. Renzo is a re-staking protocol based on EigenLayer. Renzo abstracts the complex process of end-user re-staking, and pledgers do not have to worry about the active selection and management of operators and reward strategies. ezETH is Renzo's liquid re-staking token, which automatically obtains rewards and ensures liquidity. ezETH allows users to participate in DeFi while retaining re-staking rewards.
NFT
According to ROOTDATA investment and financing data on June 17, Artfi completed a round of financing of an unknown amount, with investors including DWF Labs. Artfi is an art company whose mission is to democratize the $1.7 trillion art market. By leveraging the power of NFT and blockchain technology, Artfi enables anyone to own a piece of the world's most popular art.
According to ROOTDATA investment and financing data on June 17, Wasabi completed a seed round of financing of US$3 million, with investors including Electric Capital, Alliance DAO, etc. Wasabi is an asset-backed leveraged trading protocol. Starting with long-tail assets such as NFT and meme coins, users can go long, short and use tokens to earn income.
social contact
According to ROOTDATA investment and financing data on June 20, Zeek Network completed a $3 million seed round of financing, with investors including OKX Ventures, Animoca Brands, etc. Zeek is a decentralized collaborative economy that incentivizes reputation, supported by an innovative social bounty mechanism called "Wishes". Personal behavior and participation help build a reputation layer called "Rizz", which can be monetized and used to measure credibility, reliability, and influence.
game
According to ROOTDATA investment and financing data on 06-21, Farworld completed a round of financing of US$1.75 million, with investors including Lemniscap, Variant Fund, etc. Farcade is built on Farcaster and is a platform and tool suite for developers to build crypto-native games integrated with on-chain social networks. Farworld enables gamers to play games directly where they are already and enjoy an embedded gaming experience, allowing them to play Farcade games in the Farcade app or in the social feed on Farcaster.
other
According to ROOTDATA investment and financing data 06-19, Bondex completed a round of financing of US$10 million, with investors including Animoca Brands, Morningstar Ventures, etc. Bondex is a Web3 talent network that supports users through tokenized rewards. Through its open referral system, Bondex enables anyone to become a recruiter, providing the opportunity to profit from their network and expertise. If the candidates they recommend are successfully hired, everyone can claim the listed bounty.
According to ROOTDATA investment and financing data on June 20, Bring completed a round of financing of US$1.1 million, with StarkWare as the investor. Bring is a Web3 retail platform that aims to connect Web3 users and traditional retail platforms through barrier-free channels.
