During the period from March 16th to March 23rd, a total of 47 investment and financing events occurred in the cryptocurrency market, including 20 in infrastructure, 12 in DeFi, 6 in gaming, 3 in NFT, 2 in CeFi, 2 in SociaFi, 1 in AI, and 1 in the metaverse.
There were 7 financing events of over tens of millions of US dollars this week:
Decentralized custody cryptocurrency exchange and blockchain-native security market Figure Markets completed a $60 million Series A financing, with Jump Crypto and Pantera Capital participating in the investment.
Succinct, which is building a decentralized proof-of-stake network, completed a $43 million Series A financing, with investors including Paradigm and Robot Ventures.
EVM-compatible blockchain Espresso Systems completed a $28 million Series B financing, with investors including a16z Crypto and Arbitrum.
Completely permissionless EVM L2 Morph completed a $20 million seed round financing, with investors including Dragonfly and Pantera Capital.
Web3's zero-knowledge technology (ZK) layer Mystiko.Network completed an $18 million seed round financing, with investors including Peak XV Partners and Samsung Next.
Singapore-based digital asset exchange Tokenize Xchange completed a Series A1 financing round of $11.5 million, with Trive as the investor.
MANTRA, a blockchain aiming to be the first to comply with and enforce real-world regulatory requirements for RWA L1, completed a financing round of $11 million, with investors including Shorooq Partners and Caladan.
The heat of investment and financing in the cryptocurrency market continued to rise this week, with infrastructure financing events reaching as high as 20, followed by DeFi. Gaming, NFT, CeFi, SociaFi, AI, and metaverse narratives attracted investor attention. The financing fields this week were diverse and concentrated in the currently high-heat tracks. The decentralized custody cryptocurrency exchange and blockchain-native security market Figure Markets, based on the Provenance blockchain, harvested the largest financing this week.
Infrastructure
According to ROOTDATA's investment and financing data on March 22nd, Sablier Finance completed a $4.5 million seed round financing, with investors including Fenbushi Capital and Founderhead. Sablier Finance is a protocol for streaming encrypted assets, allowing users to stream tokens on Sablier in seconds. After a one-time deposit, Sablier smart contracts will start "streaming" ERC-20 assets to the recipient.
According to ROOTDATA's investment and financing data on March 22nd, AINN Layer2 completed a financing of several million US dollars, with investors including Waterdrip Capital and GenBlock Capital. AINN Layer2 (AIL2) is an EVM-compatible Bitcoin Layer2 that uses ciphers as gas. AIL2 utilizes mining incentives to perfectly run a shared computing power platform for AI training, unlocking the full potential of blockchain with AI.
According to ROOTDATA's investment and financing data on March 21st, Kemet Trading completed a $5 million financing, with investors including Further Ventures and Deribit. Kemet Trading is an institutional-grade infrastructure provider for digital asset derivative trading, optimizing access to liquidity, data, trade execution, and post-trade workflows, providing an unprecedented single institutional access point for the digital asset derivative ecosystem.
According to ROOTDATA's investment and financing data on March 21st, Succinct completed a $43 million Series A financing, with investors including Paradigm and Robot Ventures. Succinct is building a decentralized proof-of-stake network so that anyone can build blockchain applications and infrastructure protected by cryptographic facts (rather than trust). Succinct unifies the proof supply chain, providing highly available proof generation infrastructure and first-class pricing for rollups, coprocessors, and other applications using zero-knowledge proofs.
According to ROOTDATA's investment and financing data on March 21st, Espresso Systems completed a $28 million Series B financing, with investors including a16z Crypto and Arbitrum. Espresso Systems is an EVM-compatible blockchain that provides scaling and privacy systems for Web 3 applications. By combining PoS consensus protocol with zk Rollup mechanism, Espresso Systems packs multiple transactions in a more resource-efficient manner. Espresso Systems' configurable asset privacy smart contract application can provide users with customizable privacy regarding sender and recipient addresses, as well as the amount and type of assets held or transferred. These elements can be set to public, private, or transparent only to selected parties.
According to ROOTDATA's investment and financing data on March 21st, Tanssi Network completed a $6 million strategic financing, with investors including Scytale Ventures and KR1. Tanssi Network is an application chain infrastructure protocol supported by Polkadot's shared security framework and has launched the ContainerChain parallel chain solution. It provides block production, data availability, cross-chain message passing, and bridging to external networks for application chains. Its products also include management tools, templates, and key integrations, such as wallets, indexers, RPC endpoints, block explorers, and oracles.
According to ROOTDATA's investment and financing data on March 20th, Asterix completed a strategic financing round, with the amount undisclosed and investors including Hashed and Arcane Group. Asterix is unlocking new possibilities for digital ownership empowered by DN404. DN404 is a contract that links interchangeable ERC-20 token contracts with non-fungible ERC-721 token contracts. Linking them means that actions taken on one contract will be reflected on the other.
According to ROOTDATA's investment and financing data on March 20th, Mystiko.Network completed an $18 million seed round financing, with investors including Peak XV Partners and Samsung Next. Mystiko.Network is the zero-knowledge technology (ZK) layer of Web3, providing a universal ZK protocol and ZK software development kit with scalability, interoperability, and privacy. Mystiko serves as a universal ZK layer for all first-layer, second-layer, wallets, cross-chain bridges, decentralized exchanges (DEX), and other decentralized applications (Dapp).
According to ROOTDATA's investment and financing data on March 20th, Morph completed a $20 million seed round financing, with investors including Dragonfly and Pantera Capital. Morph is a completely permissionless EVM L2 that combines optimistic and zk rollup technologies, providing developers of chains for building financial, gaming, social media, and entertainment applications with user-friendly options.
According to ROOTDATA's investment and financing data on March 19th, Gull Network completed a strategic financing round, with investors including GBV Capital and Banter Capital. Gull Network is a Layer 3 solution based on Manta Network, targeting token issuance scenarios, with features such as codeless pools, customizable tokens, and sniper-resistant liquidity.
According to ROOTDATA's investment and financing data on March 19th, GRVT completed a strategic financing round of $2.2 million, with investors including Pulsar and QCP Capital. GRVT (Gravity) is an institutional-grade cryptocurrency trading infrastructure where institutional traders can access a fully private, regulated (KYC and AML), and self-custodial trading venue. Its Hybrid Exchange (HEX) uses zk-supported volition technology to separate trading and custody functions, eliminating counterparty risk.
According to ROOTDATA's investment and financing data on March 19th, Bitbrand completed a financing round of $500,000, with investors including Hustle Fund and Side Door Ventures. Bitbrand is a platform that provides blockchain-authenticated luxury digital products with tangible utility, using Web3 technology to verify digital content, appropriately manage the concept of scarcity (critical for luxury brands), and provide genuine utility for fashion, art, and luxury consumers, easily consumable via credit cards rather than complex wallets, and easily portable and usable on personal devices such as smartphones and Apple Watch.
According to ROOTDATA's investment and financing data on March 19th, MANTRA completed a financing round of $11 million, with investors including Shorooq Partners and Caladan. MANTRA aims to be the first blockchain capable of complying with and enforcing real-world regulatory requirements for RWA L1. By accelerating the adoption of tokenized RWA, MANTRA has the potential to unlock a $16 trillion RWA economy through a regulatory-ready blockchain. Through the compliance framework of MANTRA Chain, TradFi companies can easily transition to and leverage asset tokenization and blockchain solutions, thereby promoting the growth of global RWA.
According to ROOTDATA's investment and financing data on March 19th, Keyring Network completed a seed round financing of $6 million, with investors including gumi Cryptos Capital and Greenfield. Keyring Network is a London-based company that provides licensed tools for financial service providers. Launched in 2022, Keyring provides licensed tools for financial service providers to conduct compliant on-chain transactions with zero-knowledge privacy support, allowing financial organizations to selectively connect with compliant counterparts. The solution is supported by zero-knowledge (ZK) technology, ensuring institutional-grade privacy and security for sensitive data.
According to coincarp's investment and financing data on March 18th, XPLA has successfully secured funding from new investor Builder Capital. This investment marks an important milestone for XPLA, and the support of this strategic investor will play a crucial role in driving growth as a leading gaming mainnet. XPLA is a Tendermint-based Layer-1 blockchain, the latest innovation in the Web3 gaming space, optimized using COSMOS SDK. With its extensive gaming infrastructure, XPLA provides exceptional creative experiences for everyone.
According to ROOTDATA's investment and financing data on March 18th, Entangle completed a financing round, with the amount undisclosed, and ConsenSys Mesh as the investor. Entangle is a customizable messaging infrastructure designed to unify web3 and optimize ecosystem liquidity. Entangle provides verified, customizable, and interoperable data for builders and dApps, with full security configurability on the blockchain.
According to ROOTDATA's investment and financing data on March 18th, Flash Protocol completed a private placement financing round, with the amount undisclosed, and investors including Signum Capital and Cypher Capital. Flash Protocol is a Taproot-supported protocol that allows users to issue native Taproot assets on the Bitcoin network and trade and build BTCfi markets on the Lightning Network.
According to ROOTDATA's investment and financing data on March 18th, Figure Markets completed a Series A financing round of $60 million, with investors including Jump Crypto and Pantera Capital. Figure Markets combines traditional finance liquidity with decentralized asset control, offering investors a variety of blockchain-native assets, including cryptocurrencies, stocks, and alternative investments. Figure Markets will launch a decentralized custody cryptocurrency exchange and blockchain-native security market based on the Provenance blockchain, incorporating multi-party computation (MPC) technology.
According to ROOTDATA's investment and financing data on March 18th, Zone completed a seed round financing of $8.5 million, with investors including Flourish Ventures and TLcom Capital. Zone (formerly Appzone) is a regulated blockchain network that supports digital currency payments and receipts. Its mission is to connect every currency value store using blockchain and create a global network for payments to anyone in any way and with any currency.
According to ROOTDATA's investment and financing data on March 17th, TunaChain completed an IDO round of $8.92 million. TunaChain is a modular execution layer compatible with EVM on Bitcoin, introducing three breakthrough innovations: native stablecoins, modular DA layer, and hybrid ZK-OP technology. This advancement promotes native yield for BTC assets, extremely low gas fees, and a suitable environment for DApp execution on the Bitcoin Layer 2.
Gaming
According to ROOTDATA's investment and financing data on March 22nd, GAM3S.GG completed a strategic financing round of $2 million, with investors including Merit Circle and WWVentures. GAM3S.GG (Polkastarter Gaming) is a Web3 gaming content project. Its mission is to onboard gamers into web3 through game discovery, content, live streaming, and community activities.
According to ROOTDATA's investment and financing data on March 18th, Crypto Rogue Games completed a seed round financing of $1.5 million, with investors including Avalanche and Merit Circle. Crypto Rogue Games is a Sweden-based Web3 game studio, and its blockchain action role-playing game "Crystals of Naramunz" (abbreviated as CoN) is a developing hack-and-slash, loot-driven role-playing game set in a post-apocalyptic steampunk universe.
According to ROOTDATA's investment and financing data on March 21st, Nebula Revelation completed a financing round, with the amount undisclosed, and investors including DWF Labs and Waterdrip Capital. Nebula Revelation is a Web3 space-themed open-world game. It maintains long-term incentives and contributions from the community to the game content through in-game UGC (NFT Assembler), out-of-game UGC (NFT Maker), and voting (Vote-Driven). Additionally, Nebula Revelation will use the LLM model as a controller for NPC behavior in the game, creating a rich and unknown gaming experience.
According to ROOTDATA's investment and financing data on March 20th, Castle of Blackwater completed a strategic financing round of $1 million, with investors including Metrics Ventures and 3Commas Capital. Castle of Blackwater is a social deduction game that integrates strategic gameplay, role-playing elements, and social deduction mechanisms. The ecosystem of Castle of Blackwater is supported by a dual-token economy consisting of $COBS (Utility) and $COBE (Ecosystem) tokens.
According to ROOTDATA's investment and financing data on March 19th, Trex20 completed a financing round of $1 million, with investors including Marshland Capital and Moonrock Capital. TREX20 is a GameFi project built on Bitcoin, featuring multiple games, an NFTFi market, and an accumulative lottery game.
According to ROOTDATA's investment and financing data on March 19th, HyperPlay completed a strategic financing round, with the amount undisclosed, and Square Enix as the investor. HyperPlay is a web3-native game launcher where players can bring their wallet, NFTs, tokens, and achievements into every game. HyperPlay also provides a web3-native game store and aggregates the Epic Store and GOG, offering developers the maximum freedom to choose the store that best suits them.
According to ROOTDATA's investment and financing data on March 22nd, Rollie Finance completed a seed round financing, with the amount undisclosed, and investors including M77 Ventures and Animoca Brands. Rollie Finance is a native perpetual contract exchange in the Scroll ecosystem, revolutionizing trading with its innovative AI one-click trading design, allowing users to simply swipe left and right on their mobile devices to trade, reflecting their interests and trading preferences.
According to ROOTDATA's investment and financing data on March 21st, Rails completed a seed round financing of $6.2 million, with investors including Slow Ventures and CMCC Global. Rails is a self-custody cryptocurrency exchange that uses a centralized order book to drive optimal execution, combined with blockchain-based self-custody decentralized solutions for transparent fund custody, thereby protecting user funds and gaining user trust.
According to Coincarp's investment and financing data on March 21st, the Blast ecosystem DeFi and lending platform Pac Finance completed a financing round, with the amount undisclosed, and investors including Manifold and XDeGods.
According to ROOTDATA's investment and financing data on March 21st, OpenStamp completed a seed round financing, with the amount undisclosed, and investors including Animoca Ventures and Kucoin Ventures. OpenStamp is a trading marketplace for BTC Stamps (SRC20, Stamps, SRC721), and the platform also provides minting services.
According to Coincarp's investment and financing data on March 16th, Honeypot Finance completed a seed round financing, led by Dext Force Ventures, with follow-on investments from Pudgy Alpha, Candaq Fintech, SANYUAN Capital, 0xsky404, and Khan's Kitchen. Honeypot Finance is secretly building the first community-operated DeFi Hub, featuring a honey-flavored flywheel model that generates dual incentives and a fair token issuance model.
According to ROOTDATA's investment and financing data on March 18th, Juice Finance completed a financing round of $1 million, with investors including Delphi Digital and Cypher Capital. JUICE Finance is a cross-margin DeFi DApp based on Blast, aiming to maximize returns and yield farming for users. It integrates lending, leverage, and account abstraction functions, optimizing returns within the Blast ecosystem.
According to ROOTDATA's investment and financing data on March 19th, ZKasino completed a Series A financing round with an estimated valuation of $3.5 billion, with the amount undisclosed, and investors including MEXC Ventures and Big Brain Holdings. ZKasino is a decentralized gambling platform with tokenized ownership on ZK-Rollups.
According to ROOTDATA's investment and financing data on March 21st, KiloEx completed a financing round, with the amount undisclosed, and Foresight Ventures as the investor. KiloEx is a user-friendly perpetual contract DEX focused on risk management and capital efficiency, supporting asset types including cryptocurrencies, forex, and stocks.
According to ROOTDATA's investment and financing data on March 20th, eesee completed a financing round, with the amount undisclosed, and Animoca Brands as the investor. eesee is a one-stop liquidity solution for sellers, offering fun and secure lottery systems at an affordable price. This community-centered platform is tailored for digital assets, tokens, and RWA, focusing on a win-win value proposition. Sellers can host lottery events and sell entries to interested buyers, who can freely purchase to increase their chances of winning. After the prize pool is sold out, winners will be determined through a lottery. Losers will receive points for contributing to the prize pool, leading to future rewards.
According to ROOTDATA's investment and financing data on March 20th, Ooga Booga completed a seed round financing of $1 million, with investors including Kenetic Capital and Cypher Capital. Ooga Booga is a decentralized exchange aggregator based on Berachain, finding the cheapest cryptocurrency trades for traders by searching multiple different exchanges.
According to ROOTDATA's investment and financing data on March 19th, Dolomite completed a strategic financing round of $900,000, with investors including Optic Capital and Sandeep Nailwal. Dolomite is the next-generation margin trading and lending protocol on Arbitrum, supporting the use of thousands of different assets as collateral.
According to ROOTDATA's investment and financing data on March 19th, Umoja completed an expanded seed round financing of $2 million, with investors including Coinbase Ventures and 500 Startups. Umoja is an asset hedging protocol that automatically reduces cryptocurrency risk, allowing anyone to protect themselves from market losses. By tokenizing and democratizing hedge fund strategies, Umoja enables anyone to automatically hedge their crypto risk at 30x lower cost than using traditional put option pricing. It supports decentralized hedging for almost any real-world asset risk—from cryptocurrencies to fiat currencies, and even digital bonds, real estate, and commodities.
Cefi
According to Coincarp's investment and financing data on March 21st, the Netherlands-based cryptocurrency platform CoinMart completed a strategic financing round of $3 million, with IDG Capital as the investor.
According to ROOTDATA's investment and financing data on March 19th, Tokenize Xchange completed a Series A1 financing round of $11.5 million, with Trive as the investor. Tokenize Xchange is a Singapore-based digital asset exchange, providing users with a secure environment for trading digital assets and offering competitive trading fees.
According to ROOTDATA's investment and financing data on March 21st, Bi.social completed a $3 million financing round, with investors including Web3Vision and WAGMi Ventures. Bi.social is a Web3-native social protocol. Bi.social has multiple components to further enrich the user experience: the user's Web3 personal profile Bi·Space, personalized and information-rich Bi·Feed, and decentralized identity service Bi DID.
According to ROOTDATA's investment and financing data on March 20th, EarlyFans completed a pre-seed financing round of $1.5 million, with investors including Alliance DAO and SNZ Holding. EarlyFans is a SocialFi product on Blast L2, aiming to help creators and early fans profit without the need for advertising or commercial hype.
NFT
According to ROOTDATA's investment and financing data on March 22nd, Savage completed a $1.5 million seed financing round, with investors including Faculty Group and Polygon Ventures. The Savage platform is an NFT ecosystem for photographers and videographers, supporting both established and emerging artists to showcase their work. The platform has created an extremely user-friendly interface, making transactions with fiat and the platform's native token SAVG simple and convenient. The platform includes NFT marketplace, brand stores, SAVG discounts, and provides an environmentally friendly creative environment for environmentally conscious creators.
According to ROOTDATA's investment and financing data on March 18th, NMKR completed a strategic financing round, with the amount and investors undisclosed. NMKR is an NFT and tokenization service on Cardano, aiming to bring Web3 to the masses through its simplicity. NMKR's platform provides onboarding, minting, and secondary market sales tools to lower the barriers to entry for end users, artists, brands, and enterprises in the NFT space.
According to ROOTDATA's investment and financing data on March 19th, Metaverse HQ completed a $1.1 million seed financing round, with investors including ConsenSys Mesh and Polygon Ventures. Metaverse HQ (MVHQ) is a Web3 technology company focused on incubating the next generation of founders, builders, investors, and products through NFT-gated advanced user communities. MVHQ's annual membership NFT provides exclusive access to its closely connected Web3 experts and advanced user community. As an MVHQ member, users can access detailed reports, guides, market research and analysis, private IRL and Metaverse events, whitelist opportunities and AmAs, as well as exclusive access to MVHQ products, activations, accelerations, and incubations.
AI
According to ROOTDATA's investment and financing data on March 21st, Tensorplex Labs completed a $3 million seed financing round, with investors including Canonical Crypto and Collab+Currency. Tensorplex Labs is building powerful and open technology to drive the decentralized artificial intelligence ecosystem. $stTAO rewards $TAO LST assets, improving Bittensor's accessibility and liquidity.
Metaverse
According to ROOTDATA's investment and financing data on March 19th, Carrieverse completed a financing round, with the amount undisclosed, and Alpha Token Capital as the investor. Carrieverse is a metaverse platform centered around the characters Carrie and Kola, providing social and economic activities in the virtual reality world.
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。
