According to ChainCatcher, as reported by Betakit, Canadian stablecoin issuer Stablecorp has completed a $1.8 million financing round, with investors including Coinbase Ventures and Side Door Ventures. The funds will be used to expand the infrastructure for the Canadian dollar stablecoin QCAD, including establishing on-chain foreign exchange liquidity and payment channel integration.The company announced that it will simultaneously carry out structural reforms for QCAD, including the establishment of an independent trust, the QCAD Digital Currency Trust, to manage reserve assets, implementing daily market value reports, monthly reserve proofs, and annual audits. QCAD is currently operated as a joint venture between crypto asset management firm 3iQ and blockchain developer Mavennet Systems, and in 2022, it received a CAD 1.9 million investment from institutions including Circle Ventures.

ChainCatcher news, the Rotterdam-based crypto asset management company Blockrise announced the completion of a €2 million seed round financing, with participation from Golden Egg Check Capital. The new funds are intended to prepare for the implementation of regulatory regulations for the European crypto asset market and to strive for the issuance of the crypto asset market regulatory MiCAR license from the Dutch Authority for the Financial Markets (AFM). The company expects to launch its Series A financing by the end of the year and expand its Bitcoin custody and asset management platform.

ChainCatcher news, the Bitcoin project Roxom Global is establishing a BTC-denominated exchange and a 24/7 media network dedicated entirely to Bitcoin development, RoxomTV.It is reported that Draper Associates, Borderless Capital, ego death, and Kingsway Capital have invested $7.9 million in its exchange and raised $10 million for RoxomTV in a round of private financing.

ChainCatcher news, according to Fortune, stablecoin cross-border trading startup OpenFX announced the completion of a $23 million financing round, led by Accel. The company was founded by Prabhakar Reddy, with the goal of replacing SWIFT and creating a cross-border trading network based on stablecoins.OpenFX currently supports 7 currencies, including the US dollar, euro, and Mexican peso, and plans to expand to 10 currencies this summer, including those in Southeast Asia.

ChainCatcher news, according to official sources, World Foundation, a subsidiary of the Worldcoin project, announced on May 21 that it raised $135 million by selling WLD tokens to Andreessen Horowitz and Bain Capital Crypto at market price, to support the expansion of the World network in the United States and globally.Previously disclosed investors also include Selini Capital, Mirana Ventures, and Arctic Digital.

ChainCatcher news, according to Bloomberg, Theta Capital announced that its crypto fund "Theta Blockchain Ventures IV" has completed a $175 million financing round, focusing on investments in early crypto venture capital firms such as Coinfund and Polychain. Since 2018, Theta has focused on digital assets and currently manages approximately $1.2 billion in assets. The fund aims to provide differentiated returns for institutional investors through the professional advantages of "crypto-native" venture capital.

ChainCatcher news, according to official sources, Nasdaq-listed Bitcoin mining company Riot Platforms announced that it has increased the financing limit in its credit agreement with Coinbase Credit from $100 million to $200 million, with key terms of the credit facility remaining unchanged, including the applicable interest rate.Riot Platforms stated that this move aims to diversify financing channels and reduce capital costs to support long-term strategic goals. The borrowing under this credit facility will be secured by a portion of the company's Bitcoin holdings, with an annual interest rate of the federal funds rate cap (or 3.25%, whichever is higher) plus 4.5%.

ChainCatcher news, according to The Block, the Bitcoin liquid staking protocol Rover announced the completion of a $4.1 million seed round financing, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, UTXO, Maelstrom, and others.Rover is developing a flagship liquid staking solution for Bitcoin holders on Botanix, the first fully decentralized Bitcoin blockchain. Rover has also received a strategic investment from the early Bitcoin venture capital fund UTXO.

ChainCatcher news, according to Fortune, Catena Labs, a new company founded by Circle co-founder Sean Neville, has completed a $18 million seed round financing, led by the crypto division of Andreessen Horowitz, with participation from Breyer Capital, Circle Ventures, Coinbase Ventures, and American football player Tom Brady.Catena Labs plans to create an "AI-native bank." Investors will receive equity and subscription rights for unissued cryptocurrency tokens. Sean Neville stated that the company currently has no plans to issue cryptocurrencies or stablecoins.Catena Labs has developed an open-source protocol for AI payments and identity verification. The company will integrate, but not be limited to, stablecoin technology, aiming to update existing financial infrastructure to accommodate future financial transaction scenarios dominated by AI agents.

ChainCatcher news, according to Fortune, AI-native financial startup Catena Labs, founded by Circle co-founder Sean Neville, has completed a $18 million seed round financing, led by Andreessen Horowitz's crypto division, with participation from Breyer Capital, Circle Ventures, Coinbase Ventures, and American football player Tom Brady.Catena Labs plans to create an "AI-native bank." Investors will receive equity and the right to subscribe to tokens of unissued cryptocurrencies. Sean Neville stated that the company currently has no plans to issue cryptocurrencies or stablecoins.Catena Labs has developed an open-source protocol for AI payments and identity verification. The company will integrate, but not be limited to, stablecoin technology, aiming to update existing financial infrastructure to accommodate future financial transaction scenarios dominated by AI agents.

ChainCatcher news, the TON ecosystem decentralized exchange Tradoor announced the completion of a $3.2 million financing round, led by TON Ventures and Kenetic Capital, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and BitsLab. It is reported that this financing round also includes a $1.5 million token purchase commitment to support Tradoor's roadmap for high-frequency trading on TON. The new funds will support the launch of token exchange and AI features, including text trading (allowing users to execute trades via text commands) and social copy trading products.

ChainCatcher news, UBI Network recently announced the completion of its seed round financing, led by early-stage technology investment firm LF Labs. This round of financing will be used for global node deployment, AI edge device expansion, optimization of the points market mechanism, and ecological cooperation expansion, further promoting the development of its network infrastructure.Headquartered in New York, UBI Network is committed to creating an innovative architecture that integrates AI edge computing and DePIN (Decentralized Physical Infrastructure Network), providing technical support for exploring the universal basic income (UBI) model in the digital age. Users can participate in AI tasks and computing power sharing through plug-and-play devices and receive point incentives in real-time, forming a closed-loop economic system.LF Labs stated: "The combination of AI and DePIN has long-term application potential, and UBI Network demonstrates strong foresight in technology pathways and product implementation, aligning with our investment logic of 'real-world application'."

ChainCatcher news, according to CoinDesk, the UK-based listed blockchain company Coinsilium Group (stock code: AQSE) announced the completion of £1.25 million in funding to establish a Bitcoin financial plan. On Friday, Coinsilium's trading volume reached a historic high of 14 million shares. The current stock price is £4.10, having risen 24% in the past 24 hours. The company's advisor is CoinDesk analyst James Van Straten.

ChainCatcher news, according to official sources, the artificial intelligence (AI) platform Giza, based on smart contracts and web3 protocols, has announced the completion of a total financing of $5.2 million, serving as the infrastructure for Xenocognitive Finance. Its investors include Base Ecosystem Fund, Echo, CoinFund, Re7 Capital, Stake Capital, ID Theory, CONTANGO, and others.It is reported that Giza is developing a trustless protocol aimed at decentralizing machine learning inference computation, providing assurance for the open economy of open-source AI. It enables AI developers to generate zero-knowledge proofs, thereby ensuring the transparency and credibility of verifiable machine learning model deployments.

ChainCatcher news, the ticketing platform XP based on Solana has completed a $6.2 million seed round financing, led by Blockchange, with participation from L1D and Reflexive.According to reports, the platform encodes tickets as NFTs, allowing users to pay with USDC by connecting their crypto wallets.Founder Mike Saunders revealed that the platform is about to launch a user-driven resale feature and plans to provide exclusive rewards and experiences for fans through blockchain technology. Although the platform is built on Solana technology, the official website hardly mentions any crypto elements, and the founder has not clearly stated whether a token will be issued.

ChainCatcher news, according to Chainwire, the DeFi strategy management platform XSY.fi announced the completion of a $5 million Pre-A funding round, led by Borderless Capital and Protagonist, with participation from Paper Ventures, Chainview Capital, Avalanche Blizzard Fund, Sonic Boom Ventures, and others.In addition, XSY.fi also announced the launch of the digital synthetic dollar Unity (UTY) on the Avalanche blockchain, aimed at enhancing liquidity and capital efficiency in the blockchain ecosystem.