Financing Weekly Report | 20 public financing events, Web3 smartphone manufacturer Nothing completed a $200 million Series C financing with a valuation of $1.3 billion, led by Tiger Global.

CN
PANews
Follow
1 hour ago

Highlights

According to incomplete statistics from PANews, there were 20 investment and financing events in the global blockchain sector last week (9.15-9.21), with a total funding scale exceeding $430 million, including 6 acquisition transactions. Additionally, the total financing amount for publicly listed companies' crypto asset reserves exceeded $1.95 billion. The overview is as follows:

  • DeFi announced 4 investment and financing events, including the hybrid decentralized exchange GRVT completing $19 million in Series A financing, led by ZKsync and Further Ventures;
  • The Web3 gaming sector announced 1 investment and financing event, with the Web3 action role-playing game RuneSoul completing $4 million in a new round of financing, led by Bitgo Capital;
  • The Infrastructure & Tools sector announced 7 investment and financing events, including the Web3 smartphone manufacturer Nothing completing $200 million in Series C financing at a valuation of $1.3 billion, led by Tiger Global;
  • The Centralized Finance sector announced 6 investment and financing events, including the wealth management platform Finary announcing the completion of €25 million in Series B financing, led by PayPal Ventures;
  • The Other Web3 applications sector announced 2 investment and financing events, including Metaplanet's strategic acquisition of the Bitcoin.jp domain and the establishment of two new subsidiaries;
  • Additionally, 3 publicly listed companies completed financing to establish crypto treasuries, with Helius collaborating with Pantera Capital to raise over $500 million, planning to launch a SOL treasury company.

DeFi

Hybrid crypto exchange GRVT completes $19 million Series A financing, led by ZKsync and Further Ventures

The hybrid decentralized exchange GRVT, based on the Ethereum scaling layer ZKsync, has completed $19 million in Series A financing, led by ZKsync and Further Ventures, with participation from EigenCloud and 500 Global. The new funds will help GRVT expand its product range, covering cross-exchange treasury, cross-chain interoperability, and plans to utilize EigenDA's programmable privacy features. GRVT combines the user experience and compliance of CEX with the self-custody features of DEX. Its mainnet Alpha version is set to launch on ZKsync by the end of 2024, with trading categories expanded from cryptocurrency perpetual contracts to spot and options. Currently, GRVT is applying for operational licenses in multiple locations and had already obtained a VASP license in Lithuania as early as 2023. Previously, GRVT raised approximately $14.3 million through multiple rounds of financing and secured $2.2 million through a private token sale in March 2024.

DEX aggregator Titan completes $7 million seed round financing, led by Galaxy Ventures

The Solana ecosystem meta DEX aggregator Titan announced the completion of $7 million in seed round financing, led by Galaxy Ventures, with participation from Frictionless, Mirana, Ergonia, Auros, Susquehanna, and several angel investors. Titan stated, "This financing will accelerate Titan's process of building a comprehensive portal to the internet capital markets, designed for traders seeking better trade execution on Solana." Titan has officially ended its private testing phase and is now open to the public on the titan.exchange platform. Additionally, Titan has launched the Titan Prime API, a meta aggregator application programming interface that compares quotes from leading routing tools on Solana, including Titan's proprietary Argos algorithm.

Tokenized stock and ETF platform SHIFT completes seed round financing, led by SNZ Holding

Tokenized stock and ETF platform SHIFT announced the completion of seed round financing, led by SNZ Holding. SHIFT stated that SNZ Holding will assist in promoting the integration of traditional financial assets with DeFi liquidity.

Sonic Labs announces investment in institutional-grade RWA service provider FinChain

Sonic Labs announced an investment in institutional-grade RWA service provider FinChain, aiming to accelerate its strategic goal of becoming the future financial settlement layer. After the collaboration, Sonic will support RWA issuance, institutional-grade settlement channels, and composability with DeFi, further expanding the on-chain real-world asset (RWA) market applications.

Web3 Gaming

Web3 action role-playing game RuneSoul completes $4 million new round of financing

Web3 action role-playing game RuneSoul has completed $4 million in a new round of financing, led by Bitgo Capital, with participation from AccelByte and IGC Global P2E Guild. RuneSoul is a 3D card action role-playing game that combines real-time strategy with immersive storytelling. RuneSoul integrates GameFi and SocialFi elements, allowing players to own in-game assets and trade them in the NFT market, earning tokens through gameplay.

AI

Humanoid robot AI company Figure completes over $1 billion financing, valuation reaches $39 billion

Humanoid robot AI company Figure announced the completion of over $1 billion in financing, with a post-money valuation of $39 billion. This round of financing was led by Parkway Venture Capital, with participation from NVIDIA, Intel Capital, LG, and others. The funds will be used to promote the mass production of robots with human-like intelligence, GPU infrastructure development, and the Helix data collection project.

(This round of financing is not included in this financing weekly report statistics)

NVIDIA to invest £500 million in AI infrastructure company Nscale, which is a spin-off from a crypto mining company

NVIDIA CEO Jensen Huang revealed that NVIDIA will invest £500 million (approximately $683 million) in Nscale, stating that Nscale will be part of a £11 billion AI infrastructure development plan. Nscale was established only 16 months ago as a spin-off from a crypto mining company, Arkon Energy. Nscale is one of the new generation "new cloud" companies that operate and lease capacity in data centers designed specifically for AI and other data-intensive workloads, establishing partnerships with companies like Microsoft and OpenAI.

(This round of financing is not included in this financing weekly report statistics)

Infrastructure & Tools

Web3 smartphone manufacturer Nothing completes $200 million Series C financing at a $1.3 billion valuation

Web3 smartphone manufacturer Nothing announced the completion of $200 million in Series C financing at a valuation of $1.3 billion. The company previously collaborated with Polygon to launch the blockchain phone Nothing Phone. This round of financing was led by Tiger Global, with other investors including GV, Highland Europe, EQT, Latitude, I2BF, and existing investors. The new round of financing brings Nothing's total funding to over $450 million. Founder Carl Pei stated, "This marks the beginning of a new chapter for us: from building the only emerging smartphone company of the past decade to creating an AI-native platform that integrates software and hardware." The company plans to launch its first AI-native devices next year.

Mavryk Network secures $10 million financing to advance UAE real estate assets on-chain

Layer-1 public chain Mavryk Network announced the completion of $10 million in strategic financing, led by MultiBank Group. The funds will be used to advance its collaboration with MultiBank on a plan to put over $10 billion in UAE real estate assets on-chain. The project is supported by digital asset custodian Fireblocks, providing multi-party computation wallet support, allowing investors to trade and stake real estate tokens on the Mavryk platform without managing private keys themselves.

RGB protocol Bitlight Labs completes $9.6 million Pre-A round financing, led by Amber Group and Fundamental Labs

Bitlight Labs announced the completion of $9.6 million in Pre-A round financing, led by Amber Group and Fundamental Labs, with other participating investors including UOB Venture Management, Signum Capital, ArkStream Capital, Side Door VC, Outliers Fund, Taisu Ventures, HV Capital, SuDo Research, and Gate Ventures. The funds will be used to develop production-grade integrations based on the RGB protocol and the Lightning Network, aiming to build a low-cost settlement system for Bitcoin-native stablecoins, serving wallets and merchant ecosystems. Bitlight Labs stated that it will continue to promote the intelligent development of Bitcoin, the Lightning Network, and the RGB protocol.

Openverse completes $8 million Series B financing, with participation from Bright Capital and others

Layer0 blockchain infrastructure platform Openverse announced the completion of $8 million in strategic Series B financing, with investors including Bright Capital, KC International, Innovation Engine, Go2Mars Labs, Becker Ventures, Gaea Ventures, and several global family offices. After this round of financing, Openverse's total financing amount reached $19 million. Openverse is developing a next-generation Layer0 value internet, focusing on bridge-less cross-chain interoperability, RWA standardization frameworks, multi-chain native payments, and Bitgold (BTG) value anchoring.

Crypto wallet Senpi completes $4 million seed round financing, led by Lemniscap and Coinbase Ventures

Miami-based Senpi is developing a cryptocurrency wallet and has recently completed $4 million in seed round financing led by Lemniscap and Coinbase Ventures. The funds will be used to expand platform access and further develop its AI capabilities. In addition to autonomous trading, Senpi offers features such as copy trading, customizable strategies, real-time profit and loss tracking, market sentiment analysis, and risk management tools. Senpi employs a non-custodial design, allowing users full control over their private keys.

Web3 intent resolver coordination layer Epoch Protocol completes $1.2 million Pre-Seed round financing

Web3 intent resolver coordination layer Epoch Protocol announced the completion of $1.2 million in Pre-Seed round financing, with participation from L2 Iterative Ventures, Alphemy Capital, G20 Group, LongHash Ventures, and several angel investors. Epoch aims to create an intent coordination layer that simplifies the Web3 experience—transforming fragmented chains, tokens, and protocols into seamlessly connected, intent-driven interactions.

Paxos acquires NucleusEarn, establishes Paxos Labs to advance enterprise on-chain financial services

Paxos announced the acquisition of NucleusEarn and the establishment of a new department, Paxos Labs, co-founded by Chunda, Jun Kim, and Bhau. Paxos Labs will provide enterprises with on-chain financial infrastructure, supporting a diverse range of crypto financial services from stablecoin issuance to compliant money markets.

Others

Consumer Entertainment:

LimeWire acquires Fyre Festival brand, plans crypto reboot in 2026

LimeWire has acquired the Fyre Festival brand and plans to reboot the music festival in 2026 by integrating the LMWR token and offering NFT exchanges for original ticket holders, driving the brand's return powered by cryptocurrency.

Media Activities:

Metaplanet strategically acquires Bitcoin.jp domain and establishes two new subsidiaries

According to Metaplanet's announcement, it has strategically acquired the Bitcoin-related domain "Bitcoin.jp" and established a wholly-owned subsidiary, "Bitcoin Japan Co., Ltd." This company will be responsible for operating Bitcoin-related media, events, and services, including Bitcoin.jp, Bitcoin Magazine Japan, and future Bitcoin Japan conferences. Additionally, Metaplanet has set up a new subsidiary in the U.S., "Metaplanet Income Corp.," focusing on Bitcoin income business and related derivatives trading. Metaplanet stated that this domain acquisition and subsidiary establishment will enhance operational transparency and profitability, providing important support for its Bitcoin ecosystem layout while further strengthening its competitiveness in the global Bitcoin market.

Crypto Asset Reserves: (not included in this financing weekly report statistics)

Forward Industries invests $1.58 billion to acquire over 6.82 million SOL

Forward Industries announced the acquisition of 6,822,000 Solana (SOL) at an average price of $232 per coin, totaling approximately $1.58 billion. This transaction marks the first deployment of the company's $1.65 billion PIPE financing, led by Galaxy Digital, Jump Crypto, and Multicoin Capital. All SOL acquired by Forward Industries have been staked, with some transactions completed through the Solana on-chain platform DFlow. The company plans to enhance the per-share value of SOL through active management and on-chain operations.

Helius collaborates with Pantera Capital and others to raise over $500 million, plans to launch SOL treasury company

Helius (NASDAQ:HSDT) announced a collaboration with Pantera Capital, Summer Capital, New Fire Technology, and other institutions to complete over $500 million in private placement financing, planning to use SOL as the main reserve asset to promote the development of the Solana ecosystem. This financing includes common stock and pre-paid warrants, with a warrant exercise price of $10.134, valid for three years. Helius will use the raised funds to purchase SOL and develop digital asset reserve business, subsequently evaluating DeFi opportunities such as staking and lending while maintaining robust risk management. The company's stock will continue to trade on NASDAQ. According to Hong Kong-listed company New Fire Technology (1611.HK), it invested $10 million in Helius (HSDT) during this private placement to support Helius's strategic transformation.

Public company GD Culture to acquire 7,500 Bitcoins in Pallas Capital asset acquisition

GD Culture Group Limited (NASDAQ stock code: GDC) announced that it signed a share exchange agreement on September 10, 2025, to acquire 100% of the issued and outstanding common stock of Pallas Capital. Upon completion of the transaction, the company will issue 39,189,344 shares of common stock and acquire all assets of Pallas Capital, including 7,500 Bitcoins, without any encumbrances.

Caliber completes $15.9 million convertible preferred stock financing and initiates ATM issuance plan

Caliber (NASDAQ code: CWD) announced that it has reached a securities purchase agreement with institutional investors to issue 15,868 shares of Series B convertible preferred stock at a price of $1,000 per share, raising approximately $15.9 million. The preferred stock can be converted into common stock at $250 per share, carries no voting rights or dividends, and has a priority higher than Series A and B common stock but lower than Series A and AA preferred stock. Meanwhile, the company has submitted a supplemental filing to the SEC to initiate an ATM issuance plan, with an initial available amount of approximately $10.3 million, which will be used to support digital asset strategies, including continued accumulation of Chainlink (LINK) tokens.

Centralized Finance

IG Group spends $72.4 million to acquire 70% stake in Australian crypto exchange Independent Reserve

The online trading platform IG Group has acquired a majority stake in the Australian cryptocurrency exchange Independent Reserve for $72.4 million, aiming to strengthen its position in the rapidly growing crypto market in the Asia-Pacific region while complementing its recent crypto business expansions in the UK and the US. IG Group will initially acquire 70% of Independent Reserve and has the option to purchase the remaining 30% based on performance in the future. The transaction is expected to be completed in early 2026, with a total price of $117.6 million. Independent Reserve is one of Australia's earliest regulated cryptocurrency trading platforms, supporting the trading of 34 cryptocurrencies and covering the Australian and Singapore markets. The platform achieved $23.3 million in revenue for the fiscal year ending June 2025, an 88% year-on-year increase, with a 60% growth in monthly active users and total assets under custody reaching $1.12 billion. IG Group expects this acquisition to enhance the company's earnings starting from the 2027 fiscal year.

Keyrock acquires Turing Capital for $27.8 million, expanding digital asset management business

Digital asset trading infrastructure provider Keyrock announced the acquisition of Luxembourg-based alternative investment fund management company Turing Capital for $27.8 million and the establishment of an asset and wealth management department. Turing Capital CEO Jorge Schnura will lead the new department and join Keyrock's management team. This acquisition aims to strengthen Keyrock's investment services for institutional and high-net-worth clients, covering liquidity provision, long-term investments, and on-chain asset management. Keyrock has also recently expanded its business in the US and plans to apply for an investment advisory license under the EU MiCA regulations.

Finary completes €25 million Series B financing, led by PayPal Ventures

Wealth management platform Finary announced the completion of €25 million in Series B financing, led by PayPal Ventures, with participation from LocalGlobe, Hedosophia, Shapers, and existing investors Y Combinator and Speedinvest. Finary plans to leverage AI technology to create an automated, personalized wealth management platform and will launch new products such as brokerage accounts, investment accounts (PEA), and retirement accounts (PER), expanding into more European markets. Finary currently has over 600,000 users and aims to achieve profitability in the fourth quarter of 2024.

Kredete completes $22 million Series A financing, led by AfricInvest

African fintech company Kredete announced the completion of $22 million in Series A financing, led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE), with participation from Partech and follow-on investment from Polymorphic Capital. This round of financing brings Kredete's total funding to $24.75 million. Kredete is dedicated to helping African immigrants improve their credit records through stablecoin payments and credit-building services, with plans to expand into Canada, the UK, and European markets. The company will launch Africa's first stablecoin credit card, rental credit reports, credit savings plans, and build a banking and wallet aggregation API covering 41 countries to facilitate secure, low-cost cross-border payments for businesses. Kredete currently has over 700,000 monthly active users, has processed $500 million in remittances, and users have seen an average increase of 58 points in their US credit scores.

US community bank Stablecore completes $20 million financing, with participation from Coinbase Ventures and others

Stablecore announced the completion of $20 million in financing, with investors including Norwest, Coinbase Ventures, Curql, and BankTech Ventures. Stablecore provides stablecoin, tokenized deposits, and digital asset solutions for US community and regional banks and credit unions, with a platform that can seamlessly integrate into existing banking systems. The company stated that the financing will be used to expand its customer base and team size, helping traditional financial institutions engage in digital asset-related businesses.

MoonPay acquires crypto payment startup Meso Network, attracting former PayPal and Venmo executives

MoonPay Inc. has acquired the cryptocurrency payment startup Meso Network, moving towards building a global payment network that supports both crypto and fiat currencies, allowing for more direct competition with companies like Circle Internet Group Inc. and Visa Inc. The terms of the agreement were not disclosed. CEO Ivan Soto-Wright stated that the acquisition will enhance support for the US banking system and optimize the developer platform to facilitate product integration. Meso co-founders Ali Aghareza and Ben Mills will serve as MoonPay's Chief Technology Officer and Senior Vice President of Product, respectively, both having previously worked in PayPal's Braintree division and Venmo. Sources indicate that MoonPay is in discussions with investors for a new round of financing, with its valuation expected to rise from $3.4 billion in 2021. A spokesperson declined to comment. It is reported that the acquisition of Meso Network is MoonPay's fourth acquisition this year, having previously acquired Iron, Helio, and an undisclosed transaction with Decent.xyz.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink