18 projects raised US$183.3 million; Twenty One received US$100 million in financing

Compiled by Golden Finance

This week, a total of 18 blockchain startups completed financing, with a total financing of US$183.3 million.

The largest financing this week

Twenty One completed a financing round of US$100 million.

Twenty One (abbreviated as XXI) is a Bitcoin-native public company with a structure designed to maximize the number of Bitcoins per share (BPS). The company is led by Strike founder Jack Mallers, supported by Tether, SoftBank and Bitfinex, and operates entirely on the Bitcoin standard.
The company is committed to accelerating the popularization and education of Bitcoin through a variety of financial products, media projects and strategic services. It currently holds 31,500 Bitcoins and aims to become the most effective listed platform for Bitcoin accumulation and liquidation.

Pre-Seed and Seed Rounds

1. Donut Raises $7M (Pre-seed Round)
   Investors include: BITKRAFT Ventures*, Hack VC*, Sequoia China (now HongShan)*, Sky9 Capital, Matrix Partners, Makers Fund, Altos Ventures, Vessel Capital, Sonic SVM.
   Donut is the world’s first smart crypto browser built on Solana, born for the era of AI agents interacting with on-chain finance. Unlike traditional browsers, Donut is an intelligent terminal that understands real-time token data, wallet risks, and market signals, allowing users to trade and earn directly in it. It integrates decentralized exchanges (DEX), wallets, and networks into one, using smart agent models and extended functions to achieve a seamless experience.

2. Dexari Raises $2.3 Million (Seed Round)
   Investors include: Prelude*, Lemniscap*, Binance US, Infinite Field, Kiln, Will Price.
   Dexari is a mobile-first, self-custodial trading platform that supports decentralized perpetual contract trading with up to 50x leverage. Its on-chain order book based on Hyperliquid combines the transparency of DeFi with the ease of use of centralized platforms to provide a smooth trading experience. Features include email registration, multi-chain support, gas fee subsidies, two-factor authentication (2FA) and MPC wallet recovery and other security mechanisms.

3. EGO.tech Raises $800,000 (Pre-seed Round)
   Investors include: Raj Gokal, Marc Boiron, Hustle Fund, Zhuoxun Yin, Maghnus Mareneck, Barry Plunkett.
   EGO.tech is a Web3 platform that enables the tokenization of digital identities by creating online profiles as tradable tokens. It introduces a new asset class that allows users to monetize their personal image and community influence by combining online attention with real-world data. EGO allows anyone to tokenize any internet account, redefining digital participation and investment.

4. Rumi Raises $4.7 Million (Pre-seed Round)
   Investors include: a16z Crypto Startup Accelerator (CSX), Escape Velocity.
   Rumi Labs is creating interactive entertainment experiences through AI to transform traditional passive media consumption. Users can earn rewards when watching streaming content through browser plug-ins, and Rumi's AI will analyze video content in real time and generate insights and analytical data. This data will be injected into the decentralized infrastructure (DePIN) to drive the birth of AI agents with contextual understanding capabilities, improve narrative and audience engagement.

5. Asigna Raises $3 Million (Seed Round)
   Investors include: Hivemind*, Tykhe Ventures*, Portal Ventures, Sats Ventures, Trust Machines, Bitcoin Frontier Fund.
   Asigna is a non-custodial, smart multi-signature vault designed for secure management of Bitcoin assets. The platform helps teams, DAOs, and institutions securely manage shared Bitcoin pools and participate in Bitcoin DeFi. It is compatible with the Bitcoin main chain, Layer 2 solutions such as Stacks, and meta-protocols such as Ordinals, BRC-20, and Runes, and provides embedded applications, developer SDKs, and customizable portfolio tracking dashboards.

Summary of other financing rounds (sorted by company name)

1. Assisterr AI raised $2.8 million
   Investors: Google for Startups, Outlier Ventures, Web3com Ventures, Echo, Moonhill Capital.
   Assisterr AI is a cutting-edge artificial intelligence platform designed to transform the customer service experience. By integrating natural language processing, sentiment analysis and real-time data insights, the platform helps companies achieve personalized, responsive and scalable automated customer support, improve customer satisfaction and reduce operating costs.

2. Avalon Labs (Avalon Finance) raised an undisclosed amount
   Investors: YZi Labs (formerly Binance Labs).
   Avalon is a decentralized lending protocol built on Merlin Chain, which includes three modules: overcollateralized lending, derivatives trading and algorithmic stablecoins, emphasizing user asset autonomy and compliant and transparent operations.

3. Beam Cash Raises $7 Million
   Investors: Castle Island Ventures*, Archetype, Bankless Ventures, Verda Ventures, Arca Fund.
   Beam is a payment platform that connects traditional finance and blockchain, supporting global transfer services for stablecoins and fiat currencies. The platform provides real-time exchange, crypto-fiat swaps, bank account integration, KYC/AML compliance and enterprise-level tools for cross-border fund operations for individuals and companies.

4. BlockSpaces Raises $2 Million (Strategic Round)
   Investors: Axiom*, Leadout Capital, Sand Harbor Capital.
   BlockSpaces is a Bitcoin-native financial infrastructure platform that provides programmable collateral services. Its core product ARCC automates risk management and settlement, and connects Bitcoin with the traditional financial system through a fusion wallet to support loan, bond and derivative transactions.

5. Conduit Pay Raised $36 Million (Series A)
   Investors: Dragonfly Capital*, Altos Ventures*, Sound Ventures, Circle Ventures, DCG, Portage Ventures, etc.
   Conduit is a modern cross-border payment platform that supports global instant transfers in stablecoins, US dollars and local currencies, covering SWIFT, ACH and regional payment networks. Its API and web applications help companies efficiently manage global accounts, wages and finances.

6. Cooking City (MagicSeven Co., Ltd.) Raised $7 Million
   Investors: Jump Crypto, CMT Digital, Mirana Ventures, Bitscale Capital, EVG.
   Cooking City is a restaurant game where players can cook global cuisine in multi-themed restaurants. The game introduces the Solana-based crypto token $COOKCITY, dedicated to integrating blockchain technology into the game ecosystem.

7. Ducat Raises $1.5 Million (Public Sale)
   Ducat Protocol uses Bitcoin as its native asset and governs the issuance and redemption of UNIT collateralized debt positions through zero-knowledge proof circuits. DUCAT is its governance token, focusing on decentralized, self-custodial and permissionless stablecoin solutions, aiming to solve the centralization problem of the current stablecoin market.

8. H100 Group Raises $2.2 Million
   Investor: Adam Back*
   H100 is a Swedish health technology company focused on the digital transformation of AI automation and longevity services. It is the first listed company in Sweden to use Bitcoin as a reserve asset in the company's treasury.

9. Hyperion raised an undisclosed amount
   Investor: Maelstrom
   Hyperion is a hybrid Orderbook-AMM decentralized exchange built on Aptos, combining high throughput and low latency to provide a smooth on-chain trading experience for professional and retail traders.

10. Naoris Protocol raised $3 million (strategic round)
    Investors: Mason Labs*, Frekaz Group, Level One Robotics, Tradecraft Capital.
    Naoris is a decentralized network security protocol that provides continuous threat detection and verification for Web2 and Web3 infrastructure by turning devices into verification nodes and using quantum-resistant encryption and distributed AI.

11. Oncade Raises $4 Million
    Investor: a16z Crypto Startup Accelerator (CSX)*
    Oncade is a Web3-native game distribution platform that allows developers to sell games directly to players, bypassing the high commissions of traditional platforms. It provides integrated tools such as pre-sales, community distribution, game props monetization, and tax compliance.

12. Winks Fun Raised Undisclosed Amount
    Investor: IOSG Ventures
    Winks.fun is a Web3 platform that integrates decentralized applications (DApps) directly into social media (such as Twitter, Discord, and Telegram), allowing users to complete on-chain operations such as currency exchange, cross-chain, NFT casting, and airdrop collection without leaving the social interface.