• Consolidation: Biscuit, RootData

According to RootData's incomplete statistics, from January 8th to January 14th, 2024, there were a total of 27 public financing events in the blockchain and crypto industry, with a total financing of approximately 161.78 million US dollars.

In terms of the distribution of projects, the financed projects are mainly distributed in the CeFi, DeFi, and GameFi tracks. Popular projects include the Web3 interoperability infrastructure PolyHedra, the decentralized derivative protocol Particle, the 3A game SkyArk Chronicles. The gamified SocialFi platform Eeesee, the intelligent trading platform TrendX, and the cross-chain DeFi protocol Entangle.

In addition, the Layer2 cross-chain bridge Orbiter Finance disclosed that it had completed a Series A financing last year and plans to launch its native token this year. CoinShares has exercised the option to acquire Valkyrie Funds LLC, whose spot Bitcoin ETF (Valkyrie Bitcoin Fund) has been approved.

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

I. Infrastructure

1. Bitcoin Layer 2 network Bitfinity completed a $7 million token financing at a valuation of $130 million, with participation from Polychain Capital, etc.

The Bitcoin Layer 2 network Bitfinity, based on the Internet Computer, completed a $7 million financing at a valuation of $130 million. This round of financing was participated by Polychain Capital, ParaFi Capital, Warburg Serres, Dokia Capital, and Draft Ventures, among others.

Max Chamberlin, co-founder of Bitfinity, stated that the funding was divided into two parts - a seed round of about $1 million in 2021, and another round completed in June last year, both of which were token financing. By the second round of financing, Bitfinity's valuation had reached $130 million. Currently, Bitfinity is in the testnet stage and plans to launch the mainnet later this month or in early February. (Source link)

II. CeFi

1. Crypto mining company Argo completed approximately $10 million financing through the sale of 38 million shares

Crypto mining company Argo Blockchain announced the completion of the sale of 38 million shares, raising a total of £8 million (approximately $10 million). The price per share was 20.5 pence, with a 1% discount to the 30-day volume-weighted average price (VWAP) and an 11% premium to the 45-day VWAP. The new funds will be used for working capital, debt repayment, and other corporate purposes. (Source link)

2. Currency infrastructure B2B trading market AbbeyCross completed a $6.5 million financing

Currency infrastructure B2B trading and compliance market AbbeyCross announced the completion of a new round of financing of $6.5 million, led by Valar Ventures, with participation from BNY Mellon, Third Prime, and Gaingels. Third Prime had previously led a $2.47 million seed round financing for the company in August 2022. It is reported that AbbeyCross plans to use this latest financing to further develop and deploy its ABX Sync innovation platform. (Source link)

3. Crypto custody service provider Finoa completed a $15 million financing, led by Maven 11 Capital, among others

Crypto custody and staking service provider Finoa completed a $15 million financing, co-led by Maven 11 Capital and Balderton Capital, with participation from Blue Bay Ventures, Signature Ventures, Coparion, and Venture Stars, among others. Christopher May, co-founder and co-CEO of Finoa, stated that this round of equity financing began in June last year and concluded in December. (Source link)

4. Cross-chain DeFi protocol Entangle announced the completion of a $4 million financing, with participation from Big Brain Holdings, among others

• Cross-chain DeFi protocol Entangle announced the completion of a $4 million seed and private placement financing, with participation from institutions such as Big Brain Holdings, Launch Code Capital, LBank Labs, Skynet EGLD Capital, Cogitent Ventures, Owl Ventures, Faculty Group, and Seier Capital. (Source link)

5. LK Venture announces strategic investment in Bitcoin L2 infrastructure MAP Protocol

LK Venture, a crypto investment and research institution affiliated with Hong Kong-listed company Blueport Interactive (08267.HK), announced a strategic investment in the Bitcoin L2 infrastructure MAP Protocol through the BTC NEXT Bitcoin network ecosystem investment management fund. (Source link)

III. DeFi

1. Solana ecosystem DeFi platform Saros completes a $3.75 million private placement financing, with participation from Solana Ventures and Hashed

According to official sources, the Solana ecosystem DeFi platform Saros completed a $3.75 million private placement financing, with participation from Solana Ventures, Hashed, Spartan, Arche Fund, as well as GBV, Assym, IF, Genblock, K300, Cryptomind, Kyros, and Evernew, among other industry leaders. It is reported that this round of funding will be used for the project's expansion plans and the development of Saros super applications. (Source link)

2. DeFi lending service company Altitude completes a $6.1 million seed round financing

DeFi lending service company Altitude announced the completion of a $6.1 million seed round financing, with participation from Tioga Capital, New Form Capital, Flow Ventures, UDHC, GSR, and Owl Ventures, among others. Altitude protocol automatically manages collateralized debt by adjusting the loan-to-value (LTV) ratio in real-time, maximizing capital efficiency while maintaining a safe liquidation risk profile. Altitude has successfully completed on-chain testing and will soon enter the closed testing phase. (Source link)

3. Decentralized risk hedging strategy management company Umoja completes a $2 million financing

Decentralized risk hedging strategy management company Umoja completed a $2 million financing, with participation from Quantstamp, Blockchain Founders Fund, Orange DAO, Hyperithm, Psalion, and Blizzard (Avalanche), among others. (Source link)

4. RWA lending platform Kasu completes a $3 million seed round financing, led by Woodstock

According to GlobeNewswire, RWA lending platform Kasu announced the completion of a $3 million seed round financing, led by Woodstock, Morningstar Ventures, and Faculty Group, with participation from Cypher Capital, Matterblock, Andromeda Capital, NxGen, Rarestone Ventures, Asteroid Capital, and Optic Capital, among others. The funds from this round of financing will be used to advance the Kasu innovation platform, optimize enterprise cash flow to reduce credit risk, and provide risk management and returns. (Source link)

5. Decentralized derivative protocol Particle completes seed round financing, led by Polychain Capital

The decentralized derivative protocol Particle has completed seed round financing, led by Polychain Capital, with participation from Nascent, Inflection, Neon DAO, Naveen Jain, Arthur Hayes, DCF God, Sam Williams, Kalos, Richard Ma, Palmer, vxCozy, and others. The specific amount of financing was not disclosed. (Source link)

IV. GameFi

1. ArenaX Labs completes a $6 million financing, led by Framework Ventures

AI Arena developer ArenaX Labs announced the completion of a $6 million financing, which will be used to develop a PvP combat platform. The financing was led by Framework Ventures, with participation from SevenX Ventures, FunPlus/Xterio, and Moore Strategic Ventures. AI Arena allows users to train their own AI characters for battle, with the outcome of each battle depending on the player's skills in training, aiming to help users understand the operation and learning process of artificial intelligence. (Source link)

2. Gamified NFTFi and SocialFi platform Eeesee completes a $2.85 million financing, with participation from SevenX Ventures and others

• Gamified NFTFi and SocialFi platform Eeesee announced the completion of a $2.85 million financing, including a $1.1 million seed round financing and a $1.75 million private placement financing, with participation from SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, and BasementDAO. It is reported that Eeesee's native token ESE is planned to be launched in the first quarter. (Source link)

3. 3A game SkyArk Chronicles completes a $15 million financing, led by Binance Labs

3A game SkyArk Chronicles completed a $15 million financing, led by Binance Labs, with participation from VividThree, GuildFi, Jambo, BreederDAO, and LayerZero CEO Bryan Pellegrino, Tangent Ventures co-founder Wangarian, and Story Protocol CEO S.Y. Lee, among others. SkyArk Chronicles is a Triple A fantasy JRPG game with interoperable NFTs. SkyArk Chronicles consists of a trilogy of 2 GameFi ("House of Heroes" and "Legends Arise") and 1 SocialFi Metaverse ("Mirrorverse"). Its developer, SkyArk Studio, is a blockchain game studio based in Singapore, aiming to emulate the success of Hong Kong unicorn Animoca by building an ecosystem for incubating crypto projects and leveraging SkyArk Studio's proprietary resources. (Source link)

V. Others

1. Trend tracking and intelligent trading platform TrendX announces $1 million seed round financing

AI-driven Web3 trend tracking and intelligent trading platform TrendX announced a $1 million seed round financing, with participation from Foster Labs, Web3Link, Coresky, Tripod Capital, CatcherVC, and MIIX Capital, among other well-known institutions. This funding will drive the platform's core technological advancements and strengthen TrendX's position in Web3 trend tracking and AI intelligent trading.

TrendX is an AI-driven Web3 trend tracking and intelligent trading platform that uses large language models and AI technology to identify market trends and seamlessly integrate them with intelligent trading. It aims to become the next generation AI trading platform for the future billion users to enter Web3, search for hotspots, observe trends, make primary investments, and engage in secondary trading. (Source link)

2. Ethereum aggregation proxy protocol Rocket3 completes a $1.2 million seed round financing and initiates the first round of community fundraising

The on-chain aggregation proxy protocol Rocket3 will conduct the first round of community fundraising on January 8, 2024, at 21:00 (UTC+8). This fundraising round will be used for multi-chain protocol development and market promotion.

Rocket3 aims to facilitate on-chain aggregated interactions for the ETH mainnet and other networks to help users save up to 80% on gas fees. Prior to this, Rocket3 completed a $1.2 million Pre-seed round financing, with participation from SOSV, Bex Venture, and three other institutions. (Source link)

3. Blockchain procurement platform Maalexi completes a $3 million Pre-A round financing, led by Global Ventures

Blockchain procurement platform Maalexi announced the completion of a $3 million Pre-A round financing, led by venture capital firm Global Ventures. Maalexi aims to simplify the procurement process, primarily targeting small and medium-sized agricultural buyers. Its platform provides services such as digital contracts, document blockchain verification, and AI checks to achieve trade risk management and financial accessibility. (Source link)

4. OKX Ventures announces investment in Web3 developer community BeWater

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。