Collation: Golden Finance
This week, 20 blockchain startups raised a total of $72.8 million in funding.
The largest financing deal this week
Gnosis HQ (formerly Headquarters) received $15 million from Gnosis in a round of M&A financing.
Gnosis HQ is a self-custodial financial platform for Web3 native teams and traditional enterprises. The company was acquired by Gnosis in May 2025 and provides enterprise-level tools, including stablecoin payments, Visa corporate cards, and integration with accounting software such as Xero and QuickBooks.
Pre-Seed and Seed rounds of financing doubled
XP (Captain Labs)
**Raised:**$6.2 million (Seed round)
**Investors:*Blockchange Ventures, L1D (L1 Digital), Reflexive Capital
XP is a Web3 native ticketing platform developed by Captain Labs and runs on the Solana blockchain. The platform tokenizes event tickets as real-world assets (RWA) on the chain, improving transparency, security, and user control. With the help of the Tamperproof protocol, XP ensures the security of ticket transactions and solves problems such as hidden fees and fake tickets.
KYD Labs
**Raised: $7.1 million (Seed round)
**Investors:** a16z Crypto Startup Accelerator (CSX)*, Finality Capital, Ambush Capital, TechStars, Jay Eum, Nakul Gupta
KYD Labs is a Web3 ticketing platform built on the Aptos blockchain that enables artists and venues to control ticket sales, fan data, and revenue. By removing intermediaries, KYD enables direct-to-fan sales, reducing costs and increasing transparency. The platform also provides features such as automated marketing tools, resale controls, and loyalty rewards to help creators get more value from their events.
Nirvana Labs
**Raised: $6 million (Seed round)
**Investors: Crucible Capital, Jump Crypto, RW3 Ventures, Castle Island Ventures, Hash3
Nirvana Labs is a Web3 infrastructure provider that provides developers and enterprises with high-performance, scalable blockchain infrastructure through its own Nirvana Cloud platform. Its platform has high reliability, low latency and customizability, covering five continents, and is committed to providing efficient, secure and privacy-focused solutions for dApp development.
SpaceComputer
**Raise amount: Undisclosed (Pre-seed round)
**Investors:*Primitive, Nascent, Tangent Ventures, Symbolic Capital (formerly Hyperedge Capital), Public Works, Merkle Ventures, Meltem Demirors, Sandeep Nailwal, Loi Luu
SpaceComputer provides tamper-resistant orbital computing infrastructure, integrating advanced cryptographic technologies such as zero-knowledge proof (ZK), multi-party computing (MPC), and fully homomorphic encryption (FHE) to create a decentralized "orbital root of trust". By deploying secure computing nodes in space, it provides blockchain applications with security and resilience beyond ground limitations, supports high-performance cryptographic operations such as zk-rollup and secure auctions, and builds a trustless and censorship-resistant Web3 system.
Turtle Club
**Raised: US$6.2 million (Seed round)
**Investors:*Theia, SIG DTI (Susquehanna International Group), ConsenSys, Laser Digital, L2 Iterative Ventures (L2IV), Re7 Labs, Selini Capital, Chorus One, Trident Digital, Auros Global, Triton Liquid Fund, Archimed Capital, Tulipa Capital, Bodhi Ventures, Frachtis, Moonhill Capital, Heliad AG, Peaq, Joseph Lubin, Ryan Fang, Bitscale Capital
Turtle Club is a Web3 distribution protocol that monetizes on-chain behaviors by tracking users' wallet interactions (such as liquidity provision, exchange, staking, invitations, etc.) and distributes rewards through cooperation agreements. The platform does not rely on smart contracts, providing a trustless, fee-free, self-custodial experience, improving the revenue efficiency of the DeFi ecosystem.
DoubleUp
**Raised: $4 million (Seed round)
**Investors:*Karatage, Mysten Labs, Selini Capital, EBlock Capital, Comma3 Ventures, Four Pillars, Alpha DAO, Auros Global
DoubleUp is a decentralized casino based on the Sui blockchain, providing a transparent and verifiably fair gaming experience. Through smart contracts and blockchain technology, the platform ensures that all games cannot be tampered with and can be verified, enhancing player trust. It includes a variety of game types, such as coin tossing and other probability-based games, providing users with a safe and exciting gaming platform.
Other Funding Rounds
Puffverse
Puffverse is a Disney-style 3D metaverse that connects the Web3 virtual world with the Web2 real world, providing NFT-based characters and a variety of interactive experiences. Its multi-end universe allows players to collect characters with unique features, costumes, and skills, and use these characters in a variety of scenarios to trade assets in the ecosystem. Its economic model is supported by PUFF and vePUFF tokens, with PUFF used for trading and vePUFF as a governance token obtained through staking and game rewards.
Taker Protocol
Taker is a native Bitcoin liquidity protocol that aims to unlock the potential of BTC in DeFi. It is built on its own blockchain, Taker Chain, and uses an innovative NPOL (Nominated Proof-of-Liquidity) consensus mechanism to reward users who provide liquidity. Users can transfer BTC and BRC-20 assets (such as Ordi, Sats) across chains to Taker Chain through a secure DHC (Dynamic Hidden Committee) bridge, participate in staking, governance (veTAKER) and earn income through transaction fees and block rewards. The platform also includes an AMM-based DEX - Taker Swap, which optimizes capital efficiency and slippage.
UXLINK
UXLINK is a Web3 social platform for mass adoption that allows users to create social assets and participate in crypto transactions. Its modular Dapp system covers user onboarding, social graph building, group tools, and social trading.
Flood
Flood is a DEX aggregator focused on Ethereum that optimizes transaction paths to obtain the best prices. Currently available on Arbitrum One, with plans to expand to more networks, it provides gas-free transactions and an "intent"-based transaction model: users declare the expected results, and the executor completes the transaction at the best price. The platform coordinates the relationship between users, executors, and owners through an immutable core and optional modules.
Giza
**Raised amount: **$2.2 million
**Investors: **CoinFund, Base Ecosystem Fund, Echo, Re7 Capital, Stake Capital, ID Theory, Contango Digital Assets, HASH CIB, Metropolis DAO, zeroDAO, Spaceship DAO, Wise3 Ventures, Good Partners, MH Ventures, Q42, Encode Club, WGMI Capital, Norbert Bodziony
Giza is developing a trustless protocol for decentralized machine learning inference computing, providing trusted guarantees for the open economy of open source AI. The platform supports AI developers to generate zero-knowledge proofs to ensure the transparency and credibility of the deployment process of verifiable models.
XSY (Unity)
**Raised: **US$5 million (Series A)
**Investors: Borderless Capital, Protagonist, Paper Ventures, Blizzard, Chainview Capital, Sonic Boom Ventures
XSY is a DeFi capital management platform that simplifies the use of advanced yield strategies through its core product Unity ($UTY). Unity is a synthetic dollar built on the Avalanche blockchain, combining spot long and perpetual contract short positions to help users earn returns while retaining asset exposure. The platform offers two vault options: yUTY (automatically compounding returns) and xUTY (accumulating redeemable $XSY governance points).
TrendX
TrendX is an AI-driven Web3 platform dedicated to trend tracking and smart trading. Its features include trend discovery, sentiment analysis, and trading opportunities in the primary and secondary markets, using advanced algorithms to support users in formulating smart investment strategies.
N1 (formerly Layer N)
N1 is a scalable Layer 1 blockchain that eliminates the consensus process in most cases and supports asynchronous, out-of-order transactions for higher throughput. Its built-in data availability mechanism and customizable execution environment provide developers with greater performance control space.
Squads
Squads is a multi-signature protocol based on Solana that helps crypto companies securely manage digital assets on-chain. The platform provides a fully on-chain smart contract wallet system that ensures transparency and immutability, enabling teams to collaboratively manage funds, programs, validator nodes, and tokens.
Vinanz
Vinanz is a publicly traded Bitcoin mining and investment company that operates decentralized mining facilities in the United States and Canada. The company is registered in the British Virgin Islands and listed on the London Stock Exchange (code BTC). Its business includes Bitcoin mining and strategic acquisitions of regulated BTC ETFs. It aims to build a strong digital asset portfolio and achieve low-cost expansion through multiple data centers and renewable energy.
Perpl
**Raised: **US$9.3 million
**Investors: Dragonfly Capital, Ergonia, Brevan Howard Digital, Mirana Ventures, L1D, Hashkey Capital, CMS Holdings, Breed VC
Perpl is a fully on-chain decentralized perpetual contract trading platform built on the Monad blockchain, using a CLOB (central limit order book) architecture, providing deep liquidity, efficient markets, and complete verifiability. Monad's high-performance architecture supports 10,000 transactions per second, 500ms block time, and near-zero gas fees, providing users with a smooth trading experience.
Mountain Protocol
Mountain Protocol is a decentralized lending network that allows users to lend or borrow funds without traditional financial intermediaries. Users can borrow using cryptocurrencies or NFTs as collateral, with the loan amount based on the value of the collateral, and lenders earn interest based on supply and demand.
Redacted
Redacted is a Web3 entertainment ecosystem that integrates blockchain and AI to build an "entertainment data ball" that allows users to earn rewards while playing, trading, and watching content. Powered by the RDAC token, Redacted enhances the user experience through a directed data protocol while providing commercialization opportunities for Web3 enterprises and DApps.
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