Last week, there were a total of 23 public financing events in the cryptocurrency market, with a cumulative financing of approximately 89.55 million USD | Investment and Financing Weekly Report

整理：Fairy，RootData

According to incomplete statistics from RootData, during the period from July 15 to July 21, 2024, there were a total of 23 public financing events in the blockchain and cryptocurrency industry, with a cumulative financing amount of approximately 89.55 million USD.

From the perspective of track distribution, the projects that received financing are mainly distributed in the infrastructure and DeFi tracks. Popular projects include the decentralized full-chain data network Chainbase, the multi-chain L2 network zkLink, the blockchain indexing and data infrastructure platform Allium, the decentralized AI infrastructure Mira, and the perpetual contract trading platform JOJO Exchange.

In addition, the cross-chain interoperability protocol Owlto Finance announced the completion of a new round of financing with a valuation of 150 million USD, with investors including institutions like Matrixport. Owlto has currently connected over 45 networks within the BTC, ETH, and SOL ecosystems.

*（List of projects with financing greater than 5 million USD last week, data source: * Rootdata）

I. Infrastructure

Full-chain data network Chainbase completes 15 million USD Series A financing, led by Tencent Investment Group and others

According to TheBlock, the full-chain data network Chainbase has completed 15 million USD in Series A financing, with Chainbase stating that Tencent Investment Group and Matrix Partners China co-led this round of financing. Other investors include Folius Ventures, Hash Global, JSquare, Mask Network, and Bodl Ventures.

It is reported that following 3 million USD in seed and angel round financing, this round of financing brings Chainbase's total funding to 18 million USD.

Additionally, the Web3 asset data platform RootData shows that Chainbase is a full-chain data network. Its core mission is to provide a transparent, reliable, and permissionless data layer for the AI era. Through its modular design, it supports cross-chain data interoperability and programmability, making it easy to build and use data models. (Source link)

OKX Ventures announces strategic investment in zkLink's first aggregated Layer 3 Rollup network

According to an official announcement, OKX Ventures has announced a strategic investment in zkLink.

zkLink's zkLink Nova is a multi-chain aggregated Layer 3 network based on zero-knowledge proof technology. It uses zkLink's independently developed multi-chain ZK-Rollup architecture to aggregate fragmented liquidity from multiple Layer 1 blockchains and Layer 2 Rollup networks, providing developers with a unified access point. Since 2021, zkLink has developed into an aggregation infrastructure for assets, liquidity, and applications across various L1 and Ethereum L2, offering two core solutions: zkLink Nova and zkLink X.

Dora Yue, founder of OKX Ventures, stated: "With the Ethereum 2.0 upgrade, ZK Rollups and Optimistic Rollups have become more prosperous as mainstream scaling solutions, with the most representative Arbitrum One leading the TVL ranking at 16 billion USD, accounting for 41%; meanwhile, the flourishing of Layer 2 networks has brought challenges of liquidity fragmentation and interoperability. zkLink's multi-chain aggregation layer solution enhances capital efficiency and utilization. OKX Ventures continues to be optimistic about the liquidity aggregation layer protocol represented by zkLink, continuously improving Web3 infrastructure to prepare for accommodating millions of users." (Source link)

Blockchain indexing and data infrastructure platform Allium Labs completes 16.5 million USD Series A financing, led by Theory Ventures

According to CoinDesk, blockchain indexing and data infrastructure platform Allium Labs has completed 16.5 million USD in Series A financing, led by Theory Ventures, with its founder Tomasz Tunguz joining the board. Kleiner Perkins and Amplify Partners also participated in this financing.

Allium Labs provides enterprise-level blockchain data for companies such as Visa, Stripe, and Uniswap Foundation, and plans to use the funds for data infrastructure development and market expansion. Recent data shows that demand for stablecoins has rebounded in 2024, with circulating supply nearing 150 billion USD and monthly active users reaching 27.5 million.

Additionally, the Web3 asset data platform RootData shows that Allium provides on-chain data infrastructure products, from hosted blockchain databases, rich data schemas to real-time alert functionalities. (Source link)

Cross-chain interoperability protocol Owlto Finance announces new round of financing with a valuation of 150 million USD, investors include institutions like Matrixport

Owlto Finance announced the completion of a financing round with a valuation of 150 million USD, with institutions including Matrixport participating. It has only been two months since the last round of strategic financing of 8 million USD, which was co-led by Bixin Ventures and CE Innovation Capital, with participation from Presto, Hailstone Labs, Skyland Ventures, and others.

Owlto is a full-chain interoperability cross-chain bridge, currently connected to over 45 networks within the BTC, ETH, and SOL ecosystems. In the 24-hour trading volume ranking on DefiLlama, Owlto consistently ranks in the top three and has ranked first during certain periods. Additionally, Owlto has nearly 2 million unique user addresses in over 200 countries and regions. (Source link)

Silicon Valley AI×Web3 startup Jugemu.ai completes 1 million USD financing

Silicon Valley AI×Web3 startup Jugemu.ai has completed 1 million USD in financing, aiming to democratize access to generative AI, including models like ChatGPT and Claude, and plans to launch its L2 blockchain mainnet by the end of 2024. (Source link)

Modular data availability network Dill completes seed and founder round financing, led by Find Satoshi Ventures

Modular data availability network Dill announced that it has completed seed and founder round financing. This round was led by Find Satoshi Ventures, the investment arm of FSL, with participation from Modular Capital, angel investors from LayerZero, TN, co-founder of Pendle, Victor, co-founder of Manta, Santiago R Santos, and Saku, co-founder of Matr1x. The financing amount has not been disclosed.

According to RootData, Dill is a modular data availability network with a vision to provide highly scalable, fast, and secure data availability services that other blockchains can utilize, along with a solid infrastructure foundation to facilitate large-scale blockchain adoption and support the onboarding of the next billion users.

Additionally, Dill's public testnet is now live. (Source link)

Blockchain global air rights market SkyTrade completes pre-seed round financing, led by Modular Capital and Portal Ventures

The blockchain-based global air rights market SkyTrade has completed pre-seed round financing, co-led by Modular Capital and Portal Ventures, with participation from the Solana Foundation, Mercatus Center, and angel investors Santiago R Santos, Yano, among others. The specific financing amount has not been disclosed.

SkyTrade is establishing the world's first air rights market, allowing owners, real estate companies, and traders to monetize and smoothly buy and sell air rights.

According to the Web3 asset data platform RootData, SkyTrade is a blockchain-based global air rights market for purchasing, selling, and leasing airspace. SkyTrade enables users to control their low-altitude airspace, allowing them to seamlessly register, manage, and control access. (Source link)

Stablecoin payment platform PEXX completes 4.5 million USD seed round financing, led by TNB Aura

According to Chainwire, stablecoin payment platform PEXX announced the completion of 4.5 million USD in seed round financing, led by TNB Aura, with participation from early-stage venture capital firm Antler, early supporters of Filecoin EMO Capital, and other venture capital and cryptocurrency investors.

It is reported that PEXX's payment platform allows users holding Tether (USDT) and Circle (USDC) stablecoins to transfer their assets directly to bank accounts, helping individuals and businesses conduct cross-border transactions without intermediaries or bank accounts. (Source link)

Crypto AI startup Mira completes 9 million USD seed round financing, led by Bitkraft Ventures and Framework Ventures

According to The Block, crypto AI startup Mira announced the completion of 9 million USD in seed round financing, led by Bitkraft Ventures and Framework Ventures, with participation from Accel, Mechanism Capital, Folius Ventures, and SALT Fund. The company was founded earlier this year, began fundraising in April, and completed its seed round financing in June.

Mira's co-founders Sidhartha Doddipalli and Karan Sirdesai stated that the platform aims to help developers quickly build AI-native applications, with over ten projects already using Mira's infrastructure to develop AI applications. Mira plans to launch a blockchain-based transaction recording platform in the future. (Source link)

Blockchain cloud computing company Nirvana Labs completes 4 million USD seed round financing

According to The Block, blockchain cloud computing company Nirvana Labs has completed 4 million USD in seed round financing, co-led by Castle Island Ventures and RW3 Ventures, with participation from BitGo Ecosystem Fund, Hash3, Third Earth, and Play Ventures. This round of financing brings the company's total funding over the past six months to 5.7 million USD.

It is reported that Nirvana Labs is developing cloud infrastructure designed for Web3, Nirvana Cloud, which has been used by well-known crypto companies such as Chainlink, BitGo, Goldsky, Thirdweb, and Pairpoint.

Additionally, the Web3 asset data platform RootData shows that Nirvana Labs is developing a Web3 infrastructure solution for building, managing, and supporting any blockchain application. Developers can create their own API gateways and connect to its low-latency global network nodes located in over 30 data center regions. (Source link)

II. DeFi

Multi-chain DEX ZKEX completes 2.5 million USD seed round financing, with participation from Fenbushi Capital and others

Multi-chain DEX ZKEX has completed 2.5 million USD in seed round financing, with participation from Fenbushi Capital, KXVC, and RockTree Capital. The funds from this round will support ZKEX in launching its fiat gateway service, mobile application, and more in the next quarter.

Additionally, the Web3 asset data platform RootData shows that ZKEX is a decentralized multi-chain order book exchange (DEX) for buying and selling cryptocurrencies across multiple blockchains. ZKEX is decentralized, trust-minimized, and non-custodial, with transactions secured by zero-knowledge proofs. (Source link)

Derivatives trading platform JOJO completes seed round financing, led by SevenX Ventures

The derivatives trading platform JOJO on the Base chain has completed seed round financing, led by SevenX Ventures, with participation from SmrtiLab, Shadow Labs, Bitlink, PAKA, and Clairvoyant.

JOJO, led by DODO co-founder Radar Bear and former DDEX CTO David, aims to create an open and liquid trading environment. It integrates a Turing-complete hybrid liquidity model, diversified asset staking mining, quantitative trading bots, leverage trading up to 1000 times, and automated funding rate arbitrage, aiming to provide comprehensive services for users with different risk preferences and bring a good on-chain trading experience to the Base ecosystem.

RWA credit protocol Zivoe completes 8.35 million USD financing, with participation from Andrew Keys and others

Real World Asset (RWA) credit protocol Zivoe announced the completion of 8.35 million USD in financing, with investors including Andrew Keys, Iceberg Capital, and Concave. The funds will be used to expand credit channels, and Zivoe plans to launch its credit protocol on July 31, simultaneously initiating an Initial Tranche Offering (ITO), allowing liquidity providers to deposit stablecoins into Zivoe's senior or junior pools and receive tokens in return.

Additionally, the Web3 asset data platform RootData shows that Zivoe is a credit protocol for real-world assets that disrupts predatory high-interest consumer lending while bringing consumer loan yields on-chain. It acts as a bridge between traditional finance and on-chain finance, facilitating the connection between on-chain liquidity and real-world borrowers. (Source link)

Leveraged synthetic yield exchange RateX completes seed round financing, with participation from GSR and SNZ Holdings

Leveraged synthetic yield exchange RateX announced the completion of seed round financing, with participation from GSR, SNZ Holdings, Presto Labs, Animoca Ventures, Initial Ventures, G Ventures, KuCoin Ventures, Summer Ventures, and LeadBlock Bitpanda Ventures.

Additionally, the Web3 asset data platform RootData shows that RateX is a decentralized exchange (DEX) built on Solana. RateX offers leveraged yield trading, similar to perpetual futures contracts, allowing users to gain exposure to underlying assets with positions significantly larger than their deposited margin. To fully unleash the potential of yield trading, RateX provides three closely integrated features: leveraged yield trading, yield, and synthetic assets. (Source link)

Stablecoin developer Bima Labs completes 2.25 million USD seed round financing, led by Portal Ventures

Stablecoin developer Bima Labs has completed 2.25 million USD in seed round financing, led by Portal Ventures, with participation from Draper Goren Blockchain, Sats Ventures, Luxor Technology, CoreDAO, Halo Capital, Ryan Fang from Ankr, Brian Crain from Chorus One, Jeffrey Feng from Sei Labs, and Smokey from Berachain.

Bima has developed USBD, a stablecoin backed by Bitcoin, which can be minted by providing Bitcoin liquidity staking and re-staking tokens as collateral. Bima states that it will accept collateral from multiple blockchains, including Bitcoin, Bitcoin scaling networks, Ethereum Virtual Machine (EVM) compatible networks, and Solana. (Source link)

III. CeFi

Crypto investment platform Truvius completes 3.2 million USD pre-seed round financing, led by Galaxy Ventures

According to TheBlock, crypto investment platform Truvius has completed 3.2 million USD in pre-seed round financing, led by Galaxy Ventures, with participation from New Form Capital, Chainview Capital, and undisclosed angel investors.

Truvius states that it complies with SEC regulations and has partnered with Anchorage Digital, the only federally chartered cryptocurrency bank in the U.S. (Source link)

Fintech company Caliza completes 8.5 million USD financing, led by Initialized

Fintech company Caliza has completed 8.5 million USD in financing, led by Initialized.

It is reported that Caliza provides an API and front-end payment system using crypto stablecoins (specifically Circle's USD stablecoin USDC) and existing real-time payment networks for instant transfers, offering U.S. digital dollar accounts to international merchants. (Source link)

Digital asset investment management platform Haruko completes 6 million USD Series A financing

UK-based digital asset investment management platform Haruko has completed 6 million USD in Series A financing, co-led by White Star Capital's digital asset fund and MMC Ventures, bringing the company's total funding to 16 million USD. This financing will help the company enter the Southeast Asian market and further strengthen its global influence.

It is reported that Haruko was founded in 2021 by Shamyl Malik, Adam Carlile, and Omer Suleman, providing the most comprehensive digital asset technology solutions for institutions deploying capital in the digital asset ecosystem. It has over 50 investment management institutional clients and offices in London and Singapore.

Previous news, institutional-level crypto investment intermediary Haruko announced the completion of 10 million USD in seed round financing, led by Portage Ventures and White Star Capital. (Source link)

IV. Gaming

Web3 player community platform Oh Gamers completes 3 million USD seed round financing, with participation from Axia8 Ventures and others

Web3 gaming player community platform Oh Gamers announced that it has received 3 million USD in seed investment and incubation guidance from crypto venture fund Axia8 Ventures and several angel investors. This funding will drive the early development of Oh Gamers, helping it achieve its mission of player-centric value redistribution in the gaming ecosystem.

It is reported that Oh Gamers aims to define Web3 gaming and positions Web3 gamers as the core of its future growth. With a suite of platform products centered around DID, gamers in the community will optimize their time and value, playing non-speculative games. (Source link)

Catizen developer Pluto Studio announces financing from The Open Platform

Telegram game Catizen developer Pluto Studio announced that it has received financing from The Open Platform (TOP), with Pluto refusing to disclose the investment amount.

Pluto Studio aims to expand Catizen into a center of attention economy, continuously releasing more mini-games through its ecosystem platform.

According to the Web3 asset data platform RootData, Catizen is a cat-themed game that integrates GameFi, AI, and the metaverse, combining the charm of virtual pets with the innovations of blockchain technology and artificial intelligence to provide a highly immersive interactive experience. (Source link)

V. NFTfi

Bitcoin on-chain Ordinals lending platform Liquidium completes 2.75 million USD seed round financing, with participation from Wise3 Ventures and others

Bitcoin on-chain Ordinals lending platform Liquidium officially announced on X platform that it has completed 2.75 million USD in seed round financing, with participation from @Wise3Ventures, @PortalVentures, @goasymmetric, @cmsholdings, @Newmancapitalvc, @NGC_Ventures, @DeGodsNFT, AGE Fund, VidenVC, and numerous angel investors including CryptoSlate CEO Nate Whitehill, NFT whale Dingaling, Rugradio host Threadguy, Gm Capital founder Beanie, Taproot Wizards host Far, Asymmetric founder Dan Held, and Degods founder Frank, and Wumbo Labs founder Crrius.

Additionally, the Web3 asset data platform RootData shows that Liquidium is a peer-to-peer lending solution that leverages the powerful capabilities of discrete log contracts (DLC) and partially signed Bitcoin transactions (PSBT) to allow users to borrow and lend native Bitcoin using native Ordinals as collateral. (Source link)

VI. Social

Web3 social platform beoble announces completion of 3 million USD financing

Web3 social platform beoble announced on X platform that it has completed 3 million USD in financing, with 100% of the raised funds allocated to serving users, building new features, and conducting new buybacks.

Additionally, the Web3 asset data platform RootData shows that beoble is a communication infrastructure and ecosystem that allows users to chat between wallets. Its products include a web-based chat application and a toolkit that allows Dapps to integrate. (Source link)