Highlights of This Issue
According to incomplete statistics from PANews, there were 22 financing events in the global blockchain sector last week (8.25-8.31), with a total funding scale exceeding $268.3 million. The overview is as follows:
- DeFi reported 7 financing events, including aPriori completing a new round of financing of $20 million, with participation from Pantera Capital and others;
- The Web3+AI sector reported 2 financing events, including the decentralized protocol Swarm Network announcing the completion of $13 million in financing, with participation from Sui and others;
- The Infrastructure & Tools sector reported 8 financing events, including the Bitcoin priority protocol Portal to Bitcoin receiving $50 million in new financing led by Paloma Investments;
- The Centralized Finance sector reported 3 financing events, including the stablecoin Visa card platform Rain completing a $58 million Series B financing, led by Sapphire Ventures;
- In Other areas, 2 financing events were reported, including a new project called The Clearing Company launched by former Polymarket team members, which completed a $15 million seed round financing led by USV;
- In the DAT sector, 5 listed companies completed financing to establish crypto treasuries, with DeFi Development Corp. announcing $125 million in financing to accelerate the growth of the Solana treasury.
DeFi
Stablecoin startup M0 announced the completion of $40 million in Series B financing, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst Fund and existing investors such as Pantera and Bain Capital Crypto. M0 co-founder and CEO Luca Prosperi declined to disclose the valuation of the startup. This financing involves equity and locks the startup's cryptocurrency reserves, meaning tokens can only be sold after a specified period. To date, M0 has raised nearly $100 million.
M0 is building a network where stablecoin issuers can deploy their tokens without worrying about transferring assets between blockchains like Ethereum or Solana, or making cumbersome software decisions like converting Circle's tokens to PayPal's tokens. M0 aims to onboard as many stablecoin issuers as possible onto its network, including the crypto wallet MetaMask, which recently announced a partnership with M0 to launch its stablecoin.
Crypto trading infrastructure startup aPriori has completed a new round of financing of $20 million, bringing the total capital raised to $30 million. Participants in this round of financing include HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate Labs, Ambush Capital, and Big Brain Collective.
APriori was founded by a group of former engineers from Jump Trading, Coinbase, and Citadel Securities. The company is applying high-frequency trading methods to DeFi to address issues such as excessive spreads and MEV leakage, while redistributing MEV to stakers. The company has launched a liquid staking platform and an AI-driven DEX aggregator called Swapr, and plans to use the new capital to expand its product offerings and hiring.
Metafyed completes $5.5 million financing to expand the Asian RWA tokenization market
Metafyed announced it has successfully completed $5.5 million in financing to expand the tokenization of real assets (RWA) market. Investors include blockchain investors such as Block Tides and Positive Venture DAO, along with support from Cyberport Hong Kong, Draper, and the Stellar Development Foundation.
Real-time yield protocol Multipli announced the completion of $5 million in new financing, bringing its total financing amount to $21.5 million. This funding includes a strategic reallocation of $16.5 million from the team's previous investment in Brine Fi. This financing will accelerate Multipli's expansion of institutional-grade yield products for native crypto assets such as Bitcoin and tokenized gold. Multipli is a real-time yield protocol that unlocks exceptional risk-adjusted returns for typically non-yielding assets (including Bitcoin, tokenized gold, XRP, and stablecoins). With support from Pantera, Sequoia Capital, and Elevation Capital, the platform has raised $21.5 million within weeks of its mainnet launch, achieving a total locked value (TVL) of $95 million.
Blockchain credit protocol Credit Coop announced the completion of $4.5 million in seed round financing, led by Maven 11 and Lightspeed Faction, with participation from Coinbase Ventures, Signature Ventures, Veris Ventures, TRGC, and dlab. The new funds will support its development of a credit protocol that converts business cash flows into programmable collateral based on Spigot smart contracts, providing real-time settlement, automated loan services, and transparent credit monitoring.
YZi Labs announces investment in yield-bearing synthetic dollar protocol USD.AI
YZi Labs announced its investment in USD.AI, a protocol that provides hardware-backed financing for AI infrastructure, aiming to expand AI infrastructure through a new type of yield-bearing stablecoin. USD.AI has a locked value of $62 million. USD.AI is a yield-bearing synthetic dollar protocol that brings infrastructure financing (InfraFi) on-chain. It is supported by over-collateralized computing loans. USD.AI enables infrastructure and AI operators to access non-dilutive credit while providing sustainable asset-backed yields for depositors. The project is developed by Permian Labs and is supported by investors such as Framework, Dragonfly, DCG, Delphi, and Fintech Collective.
Gondor completed angel round financing with participation from investors such as Maven11 Capital, aiming to build a DeFi layer for prediction markets. Its first product, a lending protocol for Polymarket positions, will be launched soon.
AI
Decentralized protocol Swarm Network completes $13 million financing
Decentralized protocol Swarm Network announced the completion of $13 million in financing, which will accelerate the development of its decentralized AI verification protocol. Part of this round of financing comes from a $10 million public sale of proxy licenses on the Sui network, with an additional $3 million in strategic capital from investors such as Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage. Swarm Network is a decentralized protocol that converts raw off-chain data into verifiable on-chain information in real-time. By integrating AI agents, human intelligence, and zero-knowledge proofs, it rewards integrity and promotes transparency.
On-chain AI Agent infrastructure project DeAgentAI announced it has received strategic investment from the well-known Silicon Valley venture capital firm Valkyrie Fund, with cumulative financing exceeding $10 million. Valkyrie Fund focuses on AI infrastructure, energy, and crypto sectors, having previously invested in notable projects such as Chemix, Ferveret, and exaBITS. This financing will help DeAgentAI optimize computing costs and efficiency, accelerating the implementation of AI Agent infrastructure.
Infrastructure & Tools
Bitcoin Priority Protocol Portal to Bitcoin Completes $50 Million New Financing
The Bitcoin Priority Protocol Portal to Bitcoin has secured $50 million in new financing led by Paloma Investments, bringing the total funding for the project to $92 million. The funds will be used to support the expansion of the company's adapter, BitScaler. BitScaler allows for scaling native Bitcoin without the need for wrapped tokens, custodial bridging, or "messaging or other insecure alternatives." Portal plans to use this new funding to expand its funding program and attract institutional and community liquidity providers. The company is also piloting integrations with wallets and custodial platforms to demonstrate non-custodial token exchanges.
Bitcoin Programmable Layer Project Hemi Completes $15 Million Financing, Led by YZi Labs and Others
The Bitcoin programmable layer project Hemi has completed a new round of financing of $15 million, led by YZi Labs, Republic Digital, and HyperChain Capital, with participation from Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com Ventures. The total funding for the project has reached $30 million, which will be used to advance the development of a network that integrates Bitcoin security with Ethereum smart contract functionality. This round of financing will support its ecosystem expansion and subsequent token generation activities.
The core of the Hemi stack is the Hemi Virtual Machine (hVM), designed to embed a full BTC node within the EVM, enabling operations such as lending and asset management on the Bitcoin network through cross-chain "tunnels" and proof consensus mechanisms. Co-founder Jeff Garzik (an early BTC core developer) stated that Bitcoin does not need to be reconstructed but requires supporting tools to unlock its potential. The project claims to have over 100,000 verified users and 400,000 community members, having integrated or collaborated with over 70 projects, including Sushi, LayerZero, and MetaMask.
Web3 Smart Hardware Project MAGNE.AI Completes $10 Million Strategic Financing
Web3 smart hardware project MAGNE.AI announced the completion of $10 million in strategic financing, with participation from Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures. The funds will accelerate the development of its mobile-native Web3 infrastructure's L1+L2 dual-chain research and development, as well as the mass production and optimization of its AI+blockchain security chips. MAGNE.AI is a technology company led by the U.S., dedicated to building AI-native Web3 smartphones and next-generation mobile infrastructure for a decentralized internet.
Blockchain Payment Infrastructure Kira Completes $6.7 Million Seed Round Financing
Blockchain payment infrastructure Kira has completed $6.7 million in seed round financing, with participation from Blockchange Ventures, Vamos Ventures, Stellar Blockchain, Grit Ventures, Credibly Neutral Ventures, Michael Seibel, and Oso Trava. Kira utilizes the Stellar blockchain to provide fast, low-cost payment services, currently focusing on the Latin American market and supporting large enterprises or startups in launching embedded financial products. Kira enables large enterprises or small startups to offer blockchain-based financial services to customers through an integrated API, providing various financial products, including payments, remittances, and savings.
Cryptocurrency Anti-Fraud Company Vaas Completes Approximately $370 Seed Round Financing
Brazilian cryptocurrency anti-fraud company Vaas has completed a seed round financing of 20 million Brazilian Reais (approximately $370), led by Headline Asia, with participation from ABSeed Ventures and Honey Island Capital. The funds will be used to expand its sales department and accelerate the development of AI solutions focused on anti-fraud. Vaas is a Brazilian startup focused on developing technology to combat financial fraud, primarily in cryptocurrency trading, and is extending its services to combat scams related to Pix. It uses AI to analyze the complete transaction history of cryptocurrency wallets to detect suspicious or abnormal activities. In October 2023, Vaas completed approximately $2 million in Pre-Seed round financing, led by ABSeed.
Suzaku Completes $1.5 Million Financing to Expand Avalanche Layer 1 Decentralization
According to the official Avalanche blog, Layer 1 blockchain decentralization center Suzaku has announced the completion of $1.5 million in financing, which includes seed rounds, public sales, and grants. Avalanche describes Suzaku as a (re)staking protocol dedicated to helping Avalanche's Layer 1 nodes securely scale and decentralize their validator set. The protocol fills a critical infrastructure gap in the Avalanche ecosystem by providing a structured path for Layer 1 nodes from centralized validation to fully permissionless decentralization.
Fosun Wealth Holdings' FinChain Star Chain Officially Launched and Secures Millions in Financing
The Web3 brand FinChain Star Chain, incubated by Fosun Wealth Holdings, was officially launched in Hong Kong on August 27 and announced the completion of its first round of external financing, amounting to millions of dollars, with strategic investors including the Solana Foundation, Animoca Brands, and several other well-known institutions. On the same day, FinChain Star Chain reached strategic cooperation with seven authoritative institutions, including Nonce, Matrixport, and Vaulta, to jointly promote the development of the crypto financial ecosystem.
Aptos Ecosystem Super App and Execution Layer Panora Completes New Round of Financing
The super app and execution layer Panora in the Aptos ecosystem recently completed a new round of financing. This round was led by Frictionless Capital, with participation from Aptos Labs co-founder and CEO Avery Ching and developer relations head and early engineer Greg Nazario. Panora aims to provide efficient and reliable trading infrastructure for the Aptos ecosystem, covering features such as DEX aggregation, cross-chain bridging, limit orders, DCA strategies, and developer tools. Aptos will support its technological development and jointly promote further improvements in performance and scalability within the Aptos ecosystem.
Others
Prediction Platforms:
The team from the former prediction market platform Polymarket has launched a new project called The Clearing Company and completed a $15 million seed round financing led by Union Square Ventures (USV). Other investors include Haun Ventures, Variant, Coinbase Ventures, and Compound. Co-founder Toni Gemayel stated that prediction markets, combined with the collective intelligence of the internet era, can overcome the slow and biased issues of traditional polls. The project aims to build an on-chain, permissionless, and regulatory-compliant prediction market while providing retail users with convenient participation methods.
Prediction Platform Trepa Completes $420,000 Pre-Seed Round Financing, Led by Colosseum
The prediction platform Trepa, based on the Solana ecosystem, announced the completion of $420,000 in Pre-Seed round financing, led by Colosseum, a growth organization launched by the former growth director of the Solana Foundation, with participation from Ignight Capital and angel investors including former Coinbase CTO Balaji Srinivasan. The new funds will support its development of an economically rewarding precise prediction platform, currently focusing on areas such as macroeconomic signals.
Crypto Asset Reserves: (Not included in this financing weekly report statistics)
The U.S. publicly listed company DeFi Development Corp. (Nasdaq: DFDV) announced that it has reached a final agreement to issue $125 million in stock at a price of $12.50 per share. The transaction is expected to be completed on Thursday, August 28, 2025, subject to customary closing conditions. The net proceeds will be used to purchase spot SOL and discounted locked SOL, allowing the company to expand its inventory holdings. This transaction is part of DFDV's early financing in 2025, which includes convertible bonds, PIPE equity, and ELOC loans, bringing DFDV's total financing to over $370 million this year.
Canadian Company Luxxfolio Plans to Raise $73 Million to Increase Litecoin (LTC) Holdings
Canadian crypto infrastructure company Luxxfolio submitted a prospectus on Thursday, planning to raise up to 100 million Canadian dollars (approximately $73 million) to expand its Litecoin (LTC) treasury strategy. Once approved, Luxxfolio's prospectus will allow it to raise funds through the issuance of stocks, debt, or other securities over a 25-month period. The company's goal is to purchase 1 million Litecoins by 2026. A few months ago, the company became the first publicly listed company to anchor its funding strategy in Litecoin after fully abandoning Bitcoin mining.
According to the latest quarterly financial report, the company's main signs of pressure include no revenue, a net loss of approximately $197,000 in the second quarter (compared to a net loss of $8,000 in the same period last year), and a more than doubling of losses over nine months. The company had only $112,000 in cash at the end of the second quarter this year and relied on $844,000 in private financing to maintain operations, with total losses nearing $19 million since its establishment in 2017.
Safety Shot Secures $30 Million Strategic Investment from BONK Core Team and FalconX
Safety Shot, Inc. (NASDAQ: SHOT) today announced that it has successfully priced a $30 million financing led by a consortium of strategic investors, including FalconX. The transaction includes a registered direct offering of approximately $5 million in cash and a concurrent private placement of $25 million paid in BONK tokens by founding members of BONK, with all shares priced at $0.46 each. The registered direct offering and the concurrent private placement are expected to be completed around August 27, 2025, subject to customary closing conditions.
Amdax's Bitcoin treasury company AMBTS has completed a first round of financing totaling $23.4 million. The funds will be used to initiate a Bitcoin accumulation strategy.
Falconedge Completes Financing and Plans to Use IPO Proceeds for Bitcoin Reserves
The newly established UK hedge fund consulting company Falconedge has completed pre-IPO financing and plans to use nearly all of the proceeds from its September IPO for Bitcoin reserves. The company employs a dual pillar strategy, providing Bitcoin reserve management and hedge fund consulting services to attract investors from both traditional finance and the crypto asset space. Falconedge inherits the tradition of Falcon Investment Management, which has managed over $850 million in crypto assets and launched the UK's first regulated crypto fund.
Centralized Finance
Stablecoin Visa card platform Rain has completed $58 million in Series B financing, led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, and Lightspeed. Following this financing, Rain's valuation of $24.5 million has increased nearly sixfold. Sources revealed that the annual spending on Rain-supported bank cards has exceeded $1 billion. Rain was founded in 2021 by CEO Farooq Malik and CTO Charles Yoo-Naut, launching Visa-supported bank cards that allow stablecoins to be spent at all locations accepting Visa. Rain enables new banks and fintech companies to offer stablecoin payment services. Earlier in March, Rain completed $24.5 million in financing, led by Norwest Venture Partners.
Crypto Exchange OrangeX Completes $20 Million Series B Financing
Crypto exchange OrangeX announced the completion of $20 million in Series B financing, led by Kryptos, with continued participation from SCI Ventures and other major investors. Previously, the exchange completed $10 million in Series A financing in September 2023, also led by Kryptos, with follow-on investments from NGC Capital, Phase Capital, and SCI Ventures. The new financing will be used to enhance core infrastructure and accelerate global market expansion. The OrangeX platform offers services such as derivatives trading, spot trading, one-click copy trading, and fiat channels for purchasing cryptocurrencies.
Cross-border payment platform Tazapay has completed Series B financing, with investors including Peak XV Partners, Ripple (U.S.), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investor Peak XV Partners led the round, with two other existing investors, January Capital and ARC180, participating. Tazapay provides seamless local collection and payment capabilities in over 70 markets, has achieved operational breakeven, and boasts an annual growth rate of up to 300%. The company has obtained licenses in Singapore, Canada, and the EU and will use the new financing to accelerate its licensing layout in major global markets. Currently, the company is applying for licenses in the UAE, the U.S., Hong Kong, and Australia, as well as a digital payment token (DPT) license in Singapore.
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。
