Collated by: Golden Finance
This week, a total of 19 blockchain startups received a total of $246.4 million in financing.
The largest round of financing this week
World (excluding Worldcoin) completed a financing round participated by Andreessen Horowitz (a16z crypto), Bain Capital Crypto, Selini Capital, Mirana Ventures and Arctic Digital, raising $135 million.
World is a decentralized identity and financial network designed to meet the challenge of "human uniqueness verification" in the AI era. At its core is the World ID - a privacy-protected digital passport that allows users to prove that they are human without revealing personal information.
The verification method is achieved through a biometric device called Orb, which generates a unique identifier by scanning the user's iris to ensure that each person can only be verified once.
World App is the main operating interface of the system, where users can manage World IDs, conduct transactions and access various services. The entire network runs on the World Chain blockchain, which is built for "people-centric" applications, and uses the WLD token for transactions and governance.
Pre-Seed and Seed Funding
Fermi Labs
Raised: $1.2 million (Pre-Seed round)
Investors: Equilibrium co*, Big Brain Holdings*, Nom
Fermi Labs is a Web3 research and development studio focused on building the next generation of decentralized applications and infrastructure. Its core product, Fermi DEX, is a decentralized exchange based on the Decentralized Limit Order Book (DLOB) architecture, which improves capital efficiency, enhances liquidity, and reduces latency by separating deposit requirements from order operations. The platform runs on the Solana blockchain and is designed to provide a high-performance, instant settlement trading experience and liquidity abstraction. Fermi Labs also provides consulting services and educational programs to promote the adoption of decentralized technologies.
Catena Labs
Raised: $18 million (Seed round)
Investors: Andreessen Horowitz (a16z crypto)*, Breyer Capital, Circle Ventures, Coinbase Ventures
Catena Labs is building the first financial institution for AI-native agents, specifically for AI agents and their human collaborators. They recognize that the traditional financial system has difficulty supporting the economic activities of autonomous AI, so they are building a compliant and secure infrastructure that enables AI agents to verify identity and conduct financial transactions. Its products include the open source toolkit Agent Commerce Kit (ACK), which provides the foundational components for identity authentication and payment capabilities for AI agents.
Rover
Raise: $4.1 million (Seed round)
Investors: Animoca Ventures, CMS Holdings, Bloccelerate, Maelstrom, UTXO Management, IVC, Builder Capital, RockTree Capital, Wise3 Ventures, Veil, Optic Capital, Relayer Capital, Stake Capital, WAGMI Ventures, NxGen, Zephyrus Capital, GCR, Revelo Intel, Cogitent Ventures, MH Ventures, Meltem Demirors, Ben Lakoff, Kartik Talwar
Rover is a decentralized liquidity staking protocol for Bitcoin running on the Botanix Spiderchain. It allows BTC holders to stake assets and obtain rovBTC (a liquid staking derivative), realizing returns while maintaining liquidity. Rover delegates the staked BTC to a decentralized network of validators, ensuring network security and revenue generation.
Other investment rounds raised this week
HeyMint
Raised amount: Undisclosed (M&A round)
Investor: Alchemy Ventures
Introduction: HeyMint is an NFT creation and community interaction platform for creators without a technical background. Its tool suite includes a free NFT generator, smart contract builder, minting website, whitelist management system, and task-based interaction system, supporting multiple EVM blockchains such as Ethereum, Polygon, Arbitrum, Optimism, etc. The platform has assisted in the deployment of 4000+ contracts and served over one million users.
Stablecorp (QCAD)
Raised: $1.8 million
Investors: Coinbase Ventures, Side Door Ventures
Introduction: A Canadian fintech company focused on digital currency infrastructure. The main product QCAD is a stablecoin fully backed by Canadian dollars, used for on-chain foreign exchange, local/global payments and capital market applications. It also provides asset management and compliance tools, and is committed to bank-level blockchain solutions.
Hyperdrive
Raise: $6 million (Round A)
Investors: Hack VC*, Arrington Capital*, Delphi Digital, etc.
Introduction: A stablecoin lending market built on the Hyperliquid blockchain, supporting stablecoin lending, $HYPE liquidity staking, and HLP tokens as collateral. The platform provides a one-click yield strategy to simplify the DeFi user experience.
Roxom
Raised: $17.9 million
Investors: Draper Associates, Borderless Capital, etc.
Introduction: Roxom is a Bitcoin-denominated multi-asset trading platform that supports Bitcoin trading of stocks, ETFs, commodities, cryptocurrencies, foreign exchange and bonds. The platform integrates Bitcoin and traditional finance to provide a decentralized, transparent and secure trading experience.
Impossible Cloud Network (ICN)
Raise: Undisclosed
Investors: NGP Capital
Introduction: Decentralized cloud platform that connects global hardware providers and cloud developers, providing high-performance, scalable, and secure cloud infrastructure with SLA oracle nodes and a transparent protocol marketplace.
Acurast
Raise: $5.4 million (public sale round)
Introduction: Acurast is the first decentralized trusted computing network powered by smartphones. Through TEE and HSM technology, mobile phones are transformed into computing nodes, providing a privacy-friendly, energy-efficient cloud computing alternative suitable for AI workloads, decentralized VPNs and data processing.
Plasma
Raise amount: Undisclosed
Investor: Founders Fund
Introduction: A high-throughput, zero-fee payment platform built on Bitcoin. Supports more than 1,000 USD₮ transfers per second, introduces the Nakamoto PoS consensus mechanism and hybrid account architecture, and supports modular smart contracts.
XNET Foundation
Raise amount: Undisclosed
Investor: Alpha Sigma Capital
Introduction: Decentralized wireless network (DeWi), running on the Solana blockchain. Enterprise-level Wi-Fi and CBRS nodes deployed by users provide data offload for operators, and node operators receive $XNET rewards based on online time, bandwidth and other factors.
Astar Network
Raising amount: Undisclosed
Investor: Animoca Brands
Introduction: A multi-chain smart contract platform that connects Polkadot and Ethereum ecosystems, supports EVM and Wasm smart contract interoperability. Incentivizes developers through Build2Earn and dApp Staking, and integrates with Soneium Layer 2 developed by Sony.
VOYA Games (Craft World)
Raised: $5 million
Investors: 1kx*, Makers Fund*, RockawayX, etc.
Introduction: Berlin-based Web3 Game Studio, developing player-centric blockchain games. The first game, Craft World, is a resource management game set in the apocalyptic world, where players collaborate with dinosaurs to rebuild civilization. The game ecosystem is interconnected through Dyno Coin.
Tokeny
Raise amount: Undisclosed (M&A round)
Investor: Apex Group
Introduction: An enterprise-level asset tokenization platform based on the ERC-3643 standard, which realizes on-chain compliance, KYC/AML automation and asset life cycle management, supports asset categories such as real estate, funds, private equity, and is compatible with traditional financial systems.
Slash
Raise: $41 million (Round B)
Investor: Goodwater Capital*
Introduction: A new banking platform designed for online businesses, providing customized financial services: accounts, virtual/physical cards, ACH/Wire transfers, accounting software integration, etc. Supports multi-person use, account partitioning, and crypto-fiat currency management, suitable for e-commerce, marketing and Web3 companies.
TrueX
Raise: USD 11 million (Round A)
Investors: Accomplice Blockchain*, RRE Ventures*, PayPal Ventures, etc.
Introduction: A non-custodial, stablecoin-native cryptocurrency exchange that uses PYUSD for settlement, has an independent matching engine, third-party custody (such as Paxos) to ensure security, and supports advanced APIs and global liquidity services.
ClaimLink
Raising amount: Undisclosed (M&A round)
Investor: Origyn
Introduction: A decentralized NFT distribution platform built on ICP (Internet Computer Protocol). It supports the distribution of digital assets through links, QR codes and batch delivery, waives Gas fees, provides a convenient user experience similar to Web2, and is compatible with Plug and NFID wallets.
Bitlayer
Raise amount: Undisclosed
Investor: MN Capital
Introduction: A Bitcoin security equivalent Layer 2 solution built on BitVM, dedicated to improving the scalability, efficiency and security of Bitcoin transactions, and providing advanced Bitcoin infrastructure for Web3.
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