Summary: Jinse Finance
This week, 28 blockchain startups collectively raised $734.1 million in funding.
Largest Funding Rounds This Week
Helio raised $175 million in an acquisition financing round led by MoonPay.
Helio is a payment platform designed for the Web3 economy, enabling merchants, decentralized applications (dApps), and content creators to accept decentralized cryptocurrency payments on Solana, Ethereum, and Polygon at low fees without intermediaries. With Helio, users can quickly and easily complete payments with a simple wallet (such as Phantom or MetaMask) tap.
Angel and Seed Rounds
Hyve Labs raised $2.8 million in a Pre-seed round from Framework Ventures*, Volt Capital, Builder Capital, and 32bit Ventures.
Hyve Labs is a blockchain-based gaming aggregation platform that leverages decentralized technologies like EigenDA to enable cross-chain game publishing and integrates with platforms like Telegram, Discord, and Farcaster. Hyve aims to cultivate engaging social gaming experiences by empowering communities and providing a secure, open environment for players and game studios. The platform supports Web3 games and seeks to revolutionize gaming through decentralization.
Merit Systems raised $10 million in a Seed round from Andreessen Horowitz (a16z crypto), Blockchain Capital, Anatoly Yakovenko, Dan Romero, Packy McCormick, and Michael Anderson.
Merit Systems is a decentralized platform dedicated to revolutionizing how individuals and organizations interact in the digital economy. Leveraging blockchain technology, Merit Systems aims to create a transparent and equitable ecosystem where contributors are fairly recognized and rewarded. The platform focuses on fostering trust, accountability, and inclusivity to ensure all participants have the opportunity to benefit from their participation. Through its innovative approach, Merit Systems seeks to empower users by providing tools and frameworks to facilitate merit-based recognition and incentivization across various domains.
EarnOS raised $5 million in a Seed round from Escape Velocity*, Animoca Brands, GD1, Laser Digital, Burnt (XION), Mysten Labs, Opacity Network, Mentat Group, and Vessel Capital.
EarnOS is a project on the XION blockchain that takes a user-experience (UX)-first approach to showcasing practical Web3 applications. It enables users to interact with brands, verify their interactions, and receive real rewards, bridging the gap between consumers and enterprises in the digital economy.
GTE raised $9.4 million in a Seed round from Maven 11 Capital, Robot Ventures, Big Brain Holdings, Wintermute, GSR Markets LTD, Flow Traders, IMC, Selini Capital, Auros Global, Manifold, Karatage, Kosmos Ventures, Miton C fund, Relayer Capital, and CitizenX Crypto Ventures.
GTE is a decentralized trading platform that offers performance comparable to centralized exchanges (CEXs) while maintaining the security and transparency of decentralized finance (DeFi). It provides a one-stop trading venue, including a central limit order book, automated market maker (AMM), and a launchpad for token creation. GTE ensures users get the best on-chain prices by scanning all trading venues on MegaETH. The platform is fully non-custodial, allowing users to maintain control of their funds.
Brickken raised $2.5 million in a Seed round from Psalion VC, Ergodic Capital, SNZ Holding, Blue Bay Ventures, Hodl Ventures, and MochaX.
Brickken is a comprehensive tokenization platform that simplifies asset management through its flagship product, Token Suite, enabling companies to create, sell, and manage digital assets backed by real-world assets (RWAs), thereby creating greater efficiency for companies during private and public fundraising.
1Money Network raised $20 million in a Seed round from F-Prime Capital, Galaxy Digital, Hack VC, Kraken Ventures, MoonPay, Bankless Ventures, Tribe Capital, Ethereal Ventures, KuCoin Ventures, Portage Ventures, CMT Digital, BitGo, A100X, Anagram, Generative Ventures, Lvna Capital, Ambush Capital, Borderless Capital, Pharsalus Capital, Protagonist, Bing Ventures, gumi Cryptos Capital (gCC), Karman Ventures, and CoinFlip.
1Money Network is a Layer 1 blockchain built specifically for stablecoin payments. It leverages the pending-approved Byzantine Consistent Broadcast (BCB) design to ensure instant settlement, low and predictable fees, robust security, and seamless compliance. 1Money aims to make stablecoin payments practical and suitable for everyday use, including remittances, e-commerce, and peer-to-peer transactions.
BeraTone raised $2 million in a Seed round from Animoca Brands*, Build-A-Bera, SNZ Holding, CitizenX Crypto Ventures, The Rollup Ventures, Metaverse HQ, AVID3, The Crypto Dog, Yat Siu, CBB0FE, Santiago R. Santos, Tong, Janitooor, and Digits Capital.
BeraTone is an online multiplayer farm and role-playing game (RPG) built on the environmentally-friendly Berachain blockchain. Inspired by classics like Stardew Valley and Animal Crossing, it offers players the opportunity to develop their own farms, explore a vast world, complete quests, and participate in mini-games. The game emphasizes community interaction, allowing friends to connect, collaborate on tasks, and uncover the mysteries of BeraTone.
Other Funding Rounds
Timeswap raised $2 million in a public fundraising round.
Timeswap is a decentralized lending protocol built on the Ethereum blockchain. It allows users to exchange current and future ERC20 tokens in a peer-to-peer manner, with interest and collateral calculated using a constant product automated market maker (AMM) algorithm. Timeswap aims to make fixed-term lending more convenient and efficient for all users.
Reppo raised $2.2 million in a round with participation from Protocol Labs, CV Labs (CV VC), and CMS Holdings.
Reppo is a permissionless network that facilitates seamless collaboration between AI developers and data owners through intent and intellectual property (IP) co-ownership. It enables modelers to acquire datasets by bidding on on-chain and off-chain data for building AI models and agents. Reppo introduces "Pods," which serve as sovereign human-AI collectives acting as decentralized autonomous organizations (DAOs) to manage and monetize AI assets. These Pods are supported by Reppo's orchestration engine, ModelRivet, which provides access to elastic storage and compute resources.
DeFi Agents AI raised $1.2 million in a funding round.
DeFi Agents AI is an advanced AI trading assistant that aims to simplify cryptocurrency trading by providing real-time chart analysis, automated spot and futures trading, and customizable strategies, with a proven win rate exceeding 70%.
BounceBit raised an undisclosed amount in a funding round with participation from Laser Digital.
BounceBit is a Bitcoin re-staking protocol and native BTC re-staking chain developed by Bounce Finance. It employs a dual-token staking system secured by both Bitcoin and the BounceBit token, introducing a unique combination of decentralized finance (DeFi) and centralized finance (CeFi) yield mechanisms, enabling BTC holders to earn yields through native validator staking, the DeFi ecosystem, and CeFi mirroring mechanisms.
Komainu raised $75 million in a Series B round with participation from Blockstream Capital Partners.
Komainu is a regulated digital asset custodian established in 2018 as a joint venture between Nomura Holdings, Ledger, and CoinShares. It provides secure, segregated, and verifiable custody solutions for institutional clients, ensuring assets are fully isolated on-chain to create a bankruptcy-remote trust structure. Komainu is regulated by the Jersey Financial Services Commission (JFSC), the Dubai Virtual Assets Regulatory Authority (VARA), and registered with the UK Financial Conduct Authority (FCA) and the Italian OAM.
Mind AI raised $1.2 million in a funding round with participation from Castrum Capital, Dewhales Capital, SMO Capital, Metazero Capital, x21 Digital, Lunar Labs Capital, Zephyrus Capital, AlfaCatalyst, Decubate, Maven Capital, Unreal Capital, Gains Associates, Coinvestor Ventures, Kef Ventures, Carbon, Danxia Capital, and Unicorn Ventures.
Mind AI is a cryptocurrency analysis platform that leverages advanced AI and machine learning technologies to provide investors with actionable insights into the digital asset market. It helps users make informed and confident investment decisions by aggregating and analyzing on-chain and off-chain data, including social media trends, influencer activities, and token performance.
Phantom raised $150 million in a Series C funding round led by Sequoia Capital, Paradigm, Andreessen Horowitz (a16z crypto), and Variant Fund.
Phantom is a crypto wallet that enables users to securely and easily store, buy, send, receive tokens, and collect Non-Fungible Tokens (NFTs) on the Solana blockchain.
Tapestry raised $5.8 million in a Series A funding round led by Union Square Ventures (USV), Fabric Ventures, Stellation Capital, Slow Ventures, Foresight Ventures, Redpoint, Harlem Capital, Social Graph Ventures, Aptos Labs, and Re7 Capital.
Tapestry is an open protocol aimed at unifying social graph data across various platforms, including Solana, Farcaster, Lens, and ActivityPub. It empowers developers to integrate social functionalities into their applications through a simple API, fostering a more open and user-sovereign internet.
Reown (formerly WalletConnect) raised $13 million in a Series B funding round led by Union Square Ventures (USV), 1kx, Global Digital Asset Holdings (GDA Capital), Shopify, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo, and Fenbushi Capital.
Reown (formerly WalletConnect Inc.) is an on-chain user experience (UX) platform that provides tools like AppKit to enable seamless interactions between applications and wallets, as well as WalletKit to enhance wallet usability and security. Supporting multiple blockchains, Reown empowers developers to build the next generation of Web3 applications with intuitive and secure user experiences.
ChainAware.ai raised $50,000 in a funding round with ChainGPT.
ChainAware.ai is an AI platform that enhances the security and user engagement of Web3 by leveraging proprietary AI models customized for the complexity of blockchain. It provides tools such as wallet auditors, fraud detectors, and rug pull detectors, offering predictive analytics for fraud detection and wallet behavior assessment on Ethereum, Polygon, BNB Smart Chain, and TON Network. Additionally, ChainAware.ai offers Web3 marketing solutions, including role-based targeting and user engagement.
Dfns raised $16 million in a Series A funding round from Further Ventures, Motive Partners, Wintermute, Motier Ventures, White Star Capital, Bpifrance, Hashed, Semantic Ventures, and TechStars.
Dfns aims to help companies secure digital assets by sharding private keys (i.e., wallet passwords) and distributing the fragments across a peer-to-peer network.
Sygnum raised $58 million in a strategic funding round from Fulgur Ventures.
Sygnum is a global digital asset bank with Swiss and Singaporean heritage, providing banking and asset management services to institutional and private investors, enabling them to participate in the digital asset economy with confidence. Leveraging its licenses in Switzerland and Singapore, Sygnum allows clients to invest in leading digital assets using traditional currencies.
Synthr raised $10 million in a funding round from Kronos Research, NGC Ventures (NEO Global Capital), Morningstar Ventures, Coinflipcanada, and Georgios Vlachos.
Synthr is a decentralized finance (DeFi) protocol that provides zero-slippage cross-chain liquidity, enabling seamless cross-chain transactions. Its advanced infrastructure combines pull and push oracles, multiple independent consensus layers, and a global debt pool to enhance capital efficiency and security within the DeFi ecosystem.
LITAS raised $20 million in a private funding round from Rollman Management Digital.
LITAS is a blockchain-based platform that supports small and medium-sized enterprises (SMEs) by providing secure, anonymous payment solutions and innovative crowdfunding opportunities. Through its flagship product, the LITAS wallet, businesses and investors can seamlessly participate in the digital economy, facilitating efficient transactions and investments.
DePIN DAO raised $2 million in a funding round from JuCoin.
DePIN DAO is a decentralized organization dedicated to advancing the development of Web3 traffic management and the DePIN cluster economy. It aims to create a collaborative ecosystem by leveraging innovative decentralized infrastructure solutions to optimize resource utilization and promote sustainable economic growth.
MilkyWay raised $1 million in a public funding round.
MilkyWay is Celestia's liquid staking solution, allowing users to stake TIA tokens and receive milkTIA tokens, which represent their staking positions and provide liquidity for the staked assets. Through MilkyWay, users can earn auto-compounding staking rewards while maintaining the flexibility to trade or use their staked assets in DeFi products. Additionally, the MilkyWay protocol will launch its native token, MILK, which will grant holders governance rights and a share of the protocol fees generated from the staking rewards.
SAPIENS AI raised an undisclosed amount of funding in a funding round from Unreal Capital, ChainGPT, Eesee, BullPerks, and Gains Associates.
Sapiens is a data-driven AI platform aimed at transforming business development in the Web3 space. It provides intelligent sales and growth agents to help more efficiently identify and connect with relevant potential customers. By leveraging large language models (LLMs) and Telegram bots, Sapiens simplifies the expansion process, enabling faster and smarter connections within the decentralized ecosystem.
Alterya raised $150 million in an acquisition funding round from Chainalysis.
Alterya provides wallet threat intelligence to help financial institutions, fintechs, and crypto service providers prevent authorized push payment (APP) fraud. By detecting fraudulent behavior targeting real users, it connects on-chain and off-chain signals to reduce fraud and disputes, enhance trust, and mitigate reputational risks.
Metya raised an undisclosed amount of funding in a funding round from Tido Capital, Candaq Fintech Group, and Oasis Labs.
Metya is an AI-driven Web3 dating platform that combines social interactions with a token economy, enabling users to connect globally while earning economic benefits through their engagement. Metya has over 8.5 million active users from more than 100 countries, offering features such as real-time communication, content creation, and data sharing, all supported by a decentralized social infrastructure. The platform leverages NFTs as digital assets representing expressions of goodwill and friendship, enhancing user interactions within its ecosystem.
