Investment and Financing Overview
According to incomplete statistics, there were 36 financing events in the global blockchain market from January 22 to January 28 last week, with a total financing scale of US$169 million. Compared with last week, the number of financing events increased by 9 and the financing scale increased by 2.4%.
In terms of the number of financing events, infrastructure and DeFi financing were the most active last week, with 11 events in the infrastructure track and 6 events in the DeFi track.
Judging from the financing scale of events with disclosed amounts, the infrastructure track has the largest financing amount, with a total financing scale of US$66 million.
Track Distribution
infrastructure
zkLink
zkLink is a transaction-centric multi-chain L2 network with unified liquidity secured by ZK-Rollups. dApps built on the zkLink L2 network leverage seamless multi-chain liquidity, providing a rapid deployment solution for decentralized and non-custodial order books, AMMs, derivatives, and NFT exchanges. zkLink operates as a trustless, permissionless, and non-custodial interoperability protocol designed to connect different blockchains, eliminate differences between different tokens, and solve the problem of liquidity silos formed on isolated chains.
zkLink announced that it has completed a $4.68 million token sale on CoinList, with the 31,250 billion tokens sold representing just over 3% of the total supply at an FDV valuation of $150 million.
Polymer
Polymer is Ethereumâs interoperability hub that provides IBC execution for connected layer 2s without native IBC integration, enabling new L2s to permissionlessly connect to IBC networks. Polymer enhances composability between Ethereum rollups while leveraging IBCâs expanding network of applications.
Polymer Labs is building an âEthereum Interoperability Hubâ that will first connect Ethereum and its rollup, and then connect all blockchains, with the goal of building the next generation of the internet.
Axiom
Axiom is a ZK coprocessor that allows smart contracts to trustlessly access and process all on-chain data. It is a protocol that processes data off-chain and then transmits that data to the Ethereum mainnet and verifies it using ZK proofs.
Ethereum ZK coprocessor Axiom has completed a $20 million financing, led by Standard Crypto and Paradigm. It is reported that the funds will be used to further develop the protocol and make new hires. Axiom allows smart contract developers to access Ethereum's historical data and then perform calculations off-chain.
DeFi
Scallop
Scallop is the money market for the Sui ecosystem. By emphasizing institutional-grade quality, enhanced composability, and strong security, Scallop is committed to building a dynamic money market that provides high-rate lending, low-fee lending, AMM and asset management tools on a unified platform, and provides SDKs for professional traders.
Currently, Scallop ranks first in the TVL of the SUI ecosystem, with a TVL exceeding 100 million. Scallop currently launches an online airdrop points game. The first phase has ended, and you can ambush the second phase: after completing the interaction, you can submit PoW to the task platform TaskOn, and have a chance to get SUI rewards.
Synonym Finance
Synonym is a universal cross-chain credit layer for DeFi professionals. Built on Wormhole, Arbitrum, and Circle. Synonym allows users to borrow and earn yield on any chain through a seamless interface. Synonym has now launched its mainnet.
BitFlow
Bitflow is a decentralized exchange that aims to solve the liquidity fracture problem of the entire Bitcoin ecosystem and provide a user-friendly platform for trading BTC, stablecoins, Stacks tokens, BRC20, etc. Through cooperation with strategic wallet partners such as Hiro (Leather), Xverse and Asigna, and leveraging technologies such as PSBT, atomic swaps, AMMs and layer 2 solutions such as Stacks, Bitflow provides efficient decentralized exchange and sustainable BTC yields.
Know Finance
Veta is the first DeFi structured product platform for margin trading, offering a basket of exotic options-based products to generate safe and superior returns. It is now live on the mainnet.
GameFi
Arcade
Arcade is the GameFi platform that gives the community the opportunity to earn meaningful rewards from a variety of Play-and-Earn metaverse games without having to play the games directly or own in-game NFTs. Anyone approved by Arcade can become a task pool operator, including gaming guilds. Operators will be able to play games using NFTs owned by the Arcade treasury or loaned to Arcade, which will then be used to generate rewards. Task pool contributors, on the other hand, are Arcade token holders who can decide which operators and in-game activities they wish to support by depositing their game tokens into the task pool. Deposited xarcade tokens are locked in the task pool and returned upon completion along with the corresponding share of rewards.
Spellborne
Spellborne is a retro-style massively multiplayer creature collection adventure game from Mon Studios, formerly known as Defimons. It tells the story of three kids from Isogishi City as they go on adventures to achieve their goals in a world full of magic and monsters.
SocialFi
Singular Protocol
Singular is an NFT lending protocol for virtual and real-world assets that uses peer-to-pool and peer-to-peer models to balance risk and return. The peer-to-pool model provides average pool returns to liquidity providers, while the peer-to-peer model allows users to define their own returns. Singular Protocol adopts a risk-based dynamic interest rate matching model, enabling users to define returns based on risk preferences.
Tools
bitsCrunch
BitsCrunch is a decentralized NFT data platform that enables developers to quickly and easily build reliable NFT applications (dApps). By leveraging artificial intelligence technology, the network provides accurate and in-depth analysis of NFTs, helping users make informed investment decisions. BitsCrunch Network also provides detailed forensic data about NFTs, enabling users to identify potential risks, fraudulent activities, and maintain security.
Dopamine
Dopamine is a crypto investing app that beginners and experts will love, where users can access all the information they need (browse all tokens, read whitepapers, learn about teams, progress, events, and more), interact with peers, trade on DeFi protocols, and access their favorite crypto tools and projects.
Others
KEKKAI
KEKKAI is a Web3.0 security plug-in that detects dangers by analyzing transaction simulations, aiming to eliminate fraud in the growing Web3 field. If users use KEKKAI, they can obtain the risk judgment information it provides during transactions - if there is any abnormality, KEKKAI will display a risk warning on the page.
Lion
Ingonyama is a next-generation semiconductor company designing accelerators for advanced cryptography. The technology stack that comes with the Ingonyama accelerator will enable programmers to build increasingly complex applications while leveraging the privacy and scalability facilitated by ZKPs.
