Financing Weekly Report | 16 public financing events, crypto compliance company TRM Labs completes $70 million Series C financing, with a valuation of $1 billion.

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PANews
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8 hours ago

Highlights of this Issue

According to incomplete statistics from PANews, there were 16 financing events in the global blockchain sector last week (February 2 - February 8), with a total funding scale exceeding $332 million. An overview is as follows:

  • DeFi announced 2 financing events, including Jupiter receiving a $35 million strategic investment from ParaFi Capital;
  • The Web3+AI sector announced 1 financing event, with FeltSense completing a $5.1 million financing round, with participation from the founder of Moltbook and others;
  • The Infrastructure & Tools sector announced 6 financing events, including cryptocurrency compliance and investigation startup TRM Labs completing a $70 million Series C financing, achieving a valuation of $1 billion;
  • The Centralized Finance sector announced 4 financing events, including Tether Investments making a $100 million strategic equity investment in digital asset platform Anchorage Digital;
  • The Prediction Market sector announced 3 financing events, including the prediction market Opinion completing a $20 million Pre-A financing round, with participation from Hack VC and others.

DeFi

Jupiter Receives $35 Million Strategic Investment from ParaFi Capital

Jupiter has received a $35 million strategic investment from ParaFi Capital to accelerate the construction of on-chain financial infrastructure.

Token Trading Infrastructure Provider Relay Protocol Completes $17 Million Series B Financing, Led by USV

Token trading infrastructure provider Relay Protocol has completed a $17 million Series B financing round, led by Archetype and USV. Additionally, Relay Protocol is set to launch Relay Chain, an infrastructure built specifically for instant cross-chain settlement.

AI

Autonomous Founder Agent Project FeltSense Completes $5.1 Million Financing, with Participation from Moltbook Founder and Others

FeltSense has just completed a $5.1 million financing round, dedicated to developing intelligent agents as fully autonomous founders. Investors include Moltbook founder Matt Schlicht, founders of Crunchbase and Republic, as well as notable venture capital firms such as Draper VC, Precursor VC, and Liquid2 Ventures. Founded in January 2025, FeltSense launched 10,000 founder agents within just a few months. These agents can gather ideas through social listening, formulate strategies, develop products, and enter the market. In December of last year, the company's monthly registration target achieved an 18-fold increase within a week, attracting a large number of users to try products created by its agents.

Infrastructure & Tools

Cryptocurrency Compliance Company TRM Labs Completes $70 Million Series C Financing, Valuation Reaches $1 Billion

Cryptocurrency compliance and investigation startup TRM Labs announced the completion of a $70 million Series C financing round, achieving a valuation of $1 billion, becoming a new "crypto unicorn." This round was led by early investor Blockchain Capital, with traditional institutions such as Goldman Sachs, Bessemer, Brevan Howard, Thoma Bravo, and Citi Ventures participating.

Founded in 2018 by Esteban Castaño and Rahul Raina, TRM Labs' blockchain analysis software is widely adopted by global law enforcement agencies and an increasing number of private companies using cryptocurrency for fund transfers. Currently, about 40% of TRM's clients come from the private sector, and this proportion is growing as financial institutions explore tokenized deposits, equities, and other assets. The company's team has rapidly expanded to 350 people and is leveraging AI technology to address the evolution of criminal methods.

Axiology Completes Approximately $6 Million Seed Financing, Led by Exponential Science and Others

European distributed ledger technology pilot company Axiology announced the completion of €5 million (approximately $6 million) in seed financing, led by Exponential Science, e2vc, and Coinvest Capital. New investors TIBAS Ventures and Plug and Play, along with existing investors such as BSV Ventures and NGL Ventures, brought the total financing amount to €7 million (approximately $8 million).

Huddle01 Receives Investment from Tandem, Total Financing Amount Rises to $6.6 Million

The blockchain-based video conferencing project Huddle01 received investment from Tandem, bringing its total financing amount to $6.6 million. Other participating investors include Offchain Labs, Protocol Labs, Fenbushi Capital, HashKey Capital, Hivemind Capital, LD Capital, and M31 Capital. The HUDL token is the native token that underpins the economic model of all Huddle01 products (including Huddle01 Meet, Huddle01 Cloud, Huddlepad, and future products), with a portion of the revenue used for HUDL asset buybacks and/or destruction.

Cross-Chain Liquidity Unified Layer Euclid Protocol Completes $3.5 Million Financing

Cross-chain liquidity unified layer Euclid Protocol announced the completion of $3.5 million in seed and seed extension financing, with participation from KuCoin Ventures, Gate Ventures, 0G Labs, ATOM Accelerator, and Kahuna. The protocol aims to build a unified global liquidity layer, allowing multiple applications and networks to share liquidity sources across ecosystems and conduct cross-chain transactions at speeds exceeding 1000 TPS.

Gate Ventures Announces Strategic Investment in Crypto Payment Network Mesh

Gate's venture capital arm, Gate Ventures, announced a strategic investment in the crypto payment network Mesh. Mesh aims to build a unified payment connection layer, simplifying the system complexity of crypto and fiat payments by connecting wallets, exchanges, payment service providers, and fiat deposit/withdrawal channels through a single API. By abstracting multiple payment tracks into a unified payment layer, Mesh enables seamless value transfer across ecosystems and regions, with the potential to become critical infrastructure. Mesh aggregates wallets, exchanges, banks, deposit/withdrawal channels, and payment service providers, supporting crypto payments, fund deposits and withdrawals, and stablecoin settlements, providing secure and scalable execution capabilities for merchants, PSPs, and AI-driven automated trading scenarios.

Tether Makes Strategic Investment in t-0 Network to Support USDT Payment System

The company has made a strategic investment in the USDT-based settlement platform t-0 Network, aiming to support its construction of an instant, low-cost cross-border payment system for licensed financial institutions. t-0 Network is a proprietary payment solution connecting global financial institutions, enabling banks and fintech companies to coordinate cross-border payments from fiat to fiat at near-instant settlement speeds and minimal fees by utilizing stablecoins as the core settlement infrastructure.

Centralized Finance

Tether Announces $100 Million Strategic Equity Investment in Anchorage Digital

Tether's investment division, Tether Investments, announced a $100 million strategic equity investment in digital asset platform Anchorage Digital. The equity acquisition is valued at $4.2 billion. Anchorage Digital is the first federally regulated digital asset bank in the U.S., providing custody, staking, settlement, and stablecoin issuance services to global institutions. Both parties stated that they will work together to support the construction of regulated institutional-grade infrastructure to promote the stability and inclusiveness of the digital asset ecosystem.

Digital Asset Market Infrastructure Provider Prometheum Completes Additional $23 Million Financing

U.S. digital asset market infrastructure provider Prometheum announced that it has secured an additional $23 million in financing since early 2025, with investments coming from a group of high-net-worth individuals and institutions. This funding will support its commercial expansion in the U.S. digital market. Specific directions include: providing digital asset corresponding clearing services for U.S. broker-dealers, enabling their clients to trade digital assets through existing brokerage accounts; and accelerating the issuance of blockchain-based digital native and tokenized securities products, which will be distributed through its broker network.

Singapore Crypto Company Penguin Securities Completes Approximately $18 Million Pre-A Financing

Singapore cryptocurrency financial services company Penguin Securities Holdings announced the completion of approximately 2.8 billion yen (about $18 million) in Pre-A financing. Investors in this round include mint, Tokyo University of Science Investment Management Company, Third Wave Financial, and other local Japanese institutions. The company was co-founded by Japanese entrepreneurs in February 2023 and obtained a capital markets services license from the Monetary Authority of Singapore in 2025, allowing it to offer cryptocurrency derivatives as well as traditional financial products such as stocks, bonds, and ETFs. The company plans to establish a branch in Japan to formally enter the Japanese market and explore partnerships with local businesses.

Fintech Company Ruvo Completes $4.6 Million Financing, Led by 1confirmation

Fintech company Ruvo has completed $4.6 million in financing, led by 1confirmation, with participation from Coinbase Ventures, Rebel Fund, Blast, Neer Ventures, First Check Ventures, and Mission Street Capital. Ruvo integrates Pix, stablecoins, bank transfers (ACH/wire), and Visa into a single application.

Prediction Markets

Prediction Market Opinion Completes $20 Million Pre-A Financing, with Participation from Hack VC and Others

Blockchain prediction market platform Opinion announced the completion of $20 million in Pre-A financing, with participation from institutions such as Hack VC, Jump Crypto, Primitive Ventures, and Decasonic.

Opinion is a fully on-chain settlement prediction market platform, with a model closer to Polymarket. The company states that it currently handles about one-third of the global prediction market trading volume, with an open contract value exceeding $130 million. The platform features a diverse range of trading categories, covering a wide array of fields such as macroeconomics, regional events, and crypto assets, rather than being limited to sports and politics. The company's founders stated that this round of financing will be used to deepen regional layouts and expand globally in anticipation of events such as the 2026 World Cup and multiple elections.

Gambling Platform BLUFF Completes $21 Million Financing, Led by 1kx

Gambling entertainment platform BLUFF has completed $21 million in strategic financing, led by 1kx, with participation from Makers Fund, Maximum Frequency Ventures, and other notable individuals, including sports champion and tech investor Tristan Thompson.

Prediction Market Professional Trading Terminal Kairos Completes $2.5 Million Financing, Led by a16z Crypto

According to Fortune magazine, prediction market professional trading terminal Kairos announced the completion of $2.5 million in financing, led by a16z crypto, with follow-on investments from Geneva Trading, the University of Illinois, and angel investors. The company's valuation has not been disclosed.

Kairos was co-founded by Jay Malavia (CEO) and Zayd Alzein (CTO), both of whom previously worked at traditional financial company Cboe Global Markets. They founded the project after noticing the fragmented information and experience in the prediction market industry. Their platform aims to integrate the quotes and trading of leading prediction markets Kalshi and Polymarket, providing a fast, customizable dashboard that synchronizes news updates with trading data. The company plans to launch a private beta version in the coming weeks, currently with only the two co-founders on the team, and expects to start hiring after the financing.

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