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Sol Strategies raises CAD $27.5M via debt financing from ParaFi Capital #SolStrategies secures CAD $27.5M by selling a convertible debt instrument to expand its footprint in the #Solana ecosystem. The entire amount has been committed by #ParaFiCapital . The funds will be used to grow the Company’s SOL treasury, expand revenue-generating validator operations, and for general working capital purposes. The financing will involve the issuance of unsecured convertible debenture units (CD Units) for gross proceeds of CAD $27.5M. Each CD Unit includes a debenture with a principal amount of CAD $1,000 and 400 warrants. The Debentures carry an annual interest rate of 2.5%, payable semi-annually in cash or in common shares of the Company. They can be converted at any time into Shares at a conversion price of CAD $2.50 per Share. Each warrant grants the holder the right to purchase one Share at an exercise price of CAD $2.50, exercisable at any time up to five years after the Private Placement’s closing. 👉 newsfilecorp.com/release/236566
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Privasea AI raises $10M in a Series A funding round #PrivaseaAI secures $10M in a Series A funding round from GSR, Amber Group and echo. Privasea AI will utilize raised funds to build powerful, user-friendly #AI tools to drive breakthroughs in fields such as finance, healthcare and smart automation. Privasea AI is a decentralized AI network that leverages Fully Homomorphic Encryption Machine Learning for secure data circulation. It utilizes distributed computing resources for FHE AI operations, supported by ZAMA's concrete ML technology. 👉 x.com/Privasea_ai/status/1877686887860805890
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Solayer $LAYER will conduct its token sale on Buidlpad #Solayer $LAYER will hold its token sale on #Buidlpad on January 13th at 10:00 UTC and will last till January 14th at 23:59 UTC. The Hard Cap of sale is $10.5M. 100% of tokens will be available on TGE. Solayer is a restaking network on #Solana , which aims to empower on-chain dApps with improved network bandwidth while securing the L1 at the same time. 👉 buidlpad.com/solayer
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COIN OF THE DAY $DEXE #DeXe #crypto2025 #dyor
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Oh raises $4.5M in a Seed funding round #Oh secures $4.5M in a Seed funding round from TANGENT, Kosmos Ventures, Big Brain Holdings, Bodhi Ventures, Tagus Capital and angel investors. Oh will utilize raised funds to build the #OpenAI of the spicy content industry, driven by infinitely scalable and ownable #AI agents. Oh is the project that builds decentralized, uncensored, multi-modal AI products and infrastructure. 👉 x.com/ohdotxyz/status/1877686831749140788
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