Last week, there were a total of 13 public financing events in the cryptocurrency market, raising approximately $250 million | Investment and Financing Weekly Report
Decentralized high-performance memory infrastructure Optimum has completed a $11 million seed round financing, led by 1kx; Meme application chain Embr.fun has completed $1.8 million financing, led by Robot Ventures; digital asset infrastructure company Treehouse has completed a new round of financing at a valuation of $400 million.Organizer: Luan Peng, RootData
According to incomplete statistics from RootData, during the period from April 14 to April 20, 2025, there were a total of 13 public financing events in the blockchain and cryptocurrency industry, with a total financing of approximately $250 million.
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 AI platform ORO AI, the DeFi protocol Neutrl, the crypto investment startup Glider, and the Bitcoin mining machine manufacturer Auradine.
In addition, Bitcoin mining machine manufacturer Auradine completed a $153 million Series C financing, led by StepStone Group, with participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors.
*(List of projects with financing greater than $5 million last week, data source: * Rootdata）
I. Infrastructure
EdgeX Labs secures strategic investment from Ryze Labs to advance global edge computing layout
EdgeX Labs announced the completion of strategic financing from Ryze Labs. As a platform focused on decentralized edge computing and AI intelligent agents, EdgeX Labs will use this round of funding to accelerate the deployment of global edge nodes, optimize the performance of the EdgeX OS system, and expand the ecological applications of its core product, EdgeX AI Agent.
EdgeX Labs is building an intelligent infrastructure network that integrates edge computing, AI agents, and Web3, having deployed over 10,000 edge devices globally, including XR7 and 40SoC Edge Servers, supporting the collaborative operation of multiple AI agents to enhance AI inference efficiency and ensure data privacy.
Currently, EdgeX Labs has established partnerships with Google Cloud (GCP), MTK Edge, ROAM, and others to promote the implementation of core technologies and global expansion.
The addition of Ryze Labs as an investor injects new momentum into the EdgeX Labs ecosystem. Previously, the project had received early support from Waterdrip Capital and ZC Capital.
According to official news, the decentralized AI platform ORO AI announced the completion of a $6 million seed round financing, led by a16z Crypto Startup Accelerator (CSX) and Delphi Ventures, with participation from Ocular VC, Orange DAO, NEAR Protocol, and 0G Labs.
It is reported that ORO is a decentralized AI platform aimed at unlocking high-quality, private data for advanced AI models. ORO utilizes blockchain technology to facilitate secure and permissioned data sharing, enabling AI developers to train models on quality datasets while protecting data privacy.
According to Startupticker, the blockchain-based data verification platform Rekord AG completed a seed round financing of 4.5 million Swiss francs (approximately $5.51 million), with undisclosed investors.
Rekord AG is a data infrastructure company based in Switzerland, focusing on blockchain-supported data verification and integrity solutions.
According to official news, the decentralized, performance-enhanced memory layer Optimum, suitable for any blockchain, has completed a seed round financing of $11 million, led by 1kx, with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge, and others.
The core innovation of Optimum is a decentralized encoding method for distributed systems called Random Linear Network Coding (RLNC), developed by MIT professor Muriel Médard.
According to the Web3 asset data platform RootData, the full-chain scaling solution Optimum is a decentralized high-performance memory infrastructure for blockchain. Based on Random Linear Network Coding (RLNC) technology, Optimum provides two core products: the high-performance node communication layer OptimumP2P and the decentralized memory layer DeRAM, aimed at providing efficient data transmission, storage, and access solutions for any blockchain network.
II. DeFi
DeFi protocol Neutrl completes $5 million seed round financing, led by STIX and others
According to CoinDesk, the DeFi protocol Neutrl announced the completion of $5 million in seed round financing, led by the digital asset private placement market STIX and venture capital firm Accomplice, with participation from Amber Group, SCB Limited, Figment Capital, Nascent, and numerous cryptocurrency angel investors, including Ethena founder Guy Young and derivatives trader Joshua Lim from Arbelos Markets (recently acquired by FalconX).
According to the Web3 asset data platform RootData, Neutrl is a high-yield synthetic dollar protocol that utilizes over-the-counter arbitrage strategies to achieve scalable, market-neutral returns in the altcoin market.
According to CoinDesk, the Delta neutral stablecoin protocol Resolv Labs announced the completion of $10 million in seed round financing, co-led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, Susquehanna, Arrington Capital, and Animoca Ventures.
According to the Web3 asset data platform RootData, Resolv is a Delta neutral stablecoin protocol that revolves around the tokenization of a market-neutral investment portfolio. This architecture is based on economically viable and fiat-independent sources of yield, allowing competitive returns to be distributed to the protocol's liquidity providers.
Crypto investment service company Glider completes $4 million financing, led by a16z
According to Fortune, crypto investment startup Glider completed $4 million in financing, led by a16z, with participation from Coinbase Ventures, Uniswap Ventures, and GSR, with valuation information not yet disclosed.
The New York-based company plans to use artificial intelligence to help users adjust their cryptocurrency investments according to their needs and will join the Andreessen Horowitz cryptocurrency startup accelerator this spring.
According to official news, digital asset infrastructure company Treehouse has completed a round of strategic financing, with a valuation of $400 million.
This round was led by the venture capital arm of a large financial services institution managing over $500 billion in assets, in conjunction with several well-known investors in the cryptocurrency and traditional finance sectors. Angel investors include Jordi Alexander (Selini), Guy Young (Ethena), Darius Sit (QCP), Rich Teo (Paxos), Matthew Tan (Etherscan), Michael Ashby (Algoquant), Mirko Schmiedl (Staking Rewards), Jack Yang (LTP), Benedict Chan (Chainlink), as well as key contributors from Lido and EtherFi.
This round of financing continues the foundation of Treehouse's $18 million seed round, which previously received support from several large institutions, including Binance, Lightspeed, Jump Capital, Mirana Ventures, Wintermute, and GSR.
According to the Web3 asset data platform RootData, Treehouse is a digital asset data company focused on institutional-grade portfolio, protocol, and market analysis. The company's flagship product, Hyperion, is the most comprehensive portfolio management and market intelligence platform, providing institutional investors and professional traders with complete control over their digital assets. The platform features over 30 portfolio and market widgets for personalized dashboard visualization, redefining how financial professionals monitor trends in the cryptocurrency space and analyze their portfolio risks and performance.
III. Gaming
Meme application chain Embr.fun completes $1.8 million financing, led by Robot Ventures
Built on Initia, the meme application chain Embr.fun announced the completion of $1.8 million in financing, led by Robot Ventures and Lattice Fund, with participation from TempleDAO and others.
Embr.fun is built by Embr Labs and supported by the Initia Interwoven Stack for development. The project is designed for the next generation of the meme economy, aiming to bring more innovative and fun gameplay to memes and become the first platform to drive the development of the next generation of memes.
IV. Others
a16z invests an additional $55 million in LayerZero, with a lock-up period of 3 years
a16z general partner Ali Yahya tweeted that a16z has made an additional investment of $55 million in LayerZero tokens ZRO, with a lock-up period of 3 years. Currently, ZRO is priced at $2.5, up 5.7% in the last 24 hours, with an FDV of $2.5 billion, and a previous high of $7.1.
According to data from RootData, a16z previously led a $120 million financing for LayerZero in April 2023, with a valuation of $3 billion. In March 2022, a16z also led a $135 million financing for LayerZero, with a valuation of $1 billion.
According to The Block, Bitcoin mining machine manufacturer Auradine completed $153 million in Series C financing, led by StepStone Group, with participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors.
Auradine co-founder and CEO Rajiv Khemani stated that this round of financing was oversubscribed by more than 22%, and the new funds will be used to enter the artificial intelligence infrastructure field.
Futureverse acquires Candy Digital and partners with Netflix and DC Comics IP
According to Decrypt, metaverse technology company Futureverse announced on April 16, 2025, the acquisition of the digital collectibles platform Candy Digital, with the transaction amount undisclosed. This acquisition gives Futureverse access to Candy Digital's 4 million digital collectibles and 1.5 million user accounts, as well as partnerships with blue-chip brands such as Netflix, DC Comics, and MLB.
It is reported that Futureverse was established at the end of 2022 and completed a $54 million Series A financing in 2023, with a valuation of approximately $1 billion.
Tether announces strategic investment in self-custody crypto wallet Fizen
Tether announced a strategic investment in self-custody crypto wallet and digital payment fintech company Fizen, with specific amounts not disclosed.
It is reported that Fizen provides payment technology to facilitate seamless stablecoin transactions, making it easier for consumers and businesses to access digital assets.
