Global Blockchain Week financing exceeds $150 million, with DeFi and AI becoming hotspots.

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Last Week's Global Blockchain Investment and Financing Review

Last week, there were a total of 17 public financing events in the global Blockchain industry, with a total scale exceeding 150 million USD, representing a significant increase compared to the previous period. The overview of various fields is as follows:

Financing Weekly Report | 17 Public Financing Events; Crypto Dining App Blackbird Labs Completes $50 Million Series B Financing, Participated by Coinbase and Others

DeFi

The yield-generating stablecoin protocol Cap has completed a $11 million funding round. The funds will be used to develop the stablecoin engine, which is planned to launch later this year. The Cap system is designed to allow users to earn passive income based on tokens.

The Bitcoin collateral loan platform Firefish has completed a $1.8 million seed round financing. The funds will be used to expand the coverage of its institutional loan program. Firefish builds an open lending market natively on Bitcoin using technologies such as multi-signature escrow contracts.

The Bitcoin DeFi aggregation protocol Sats Terminal has completed a $1.7 million Pre-Seed funding round. The funds will be used to expand the platform and further develop the infrastructure. Sats Terminal aggregates major Bitcoin DeFi protocols, providing one-stop services such as staking, trading, and cross-chain.

Web3 Games

DashFun has completed a new round of financing and plans to build an AI-driven Web3 gaming ecosystem. DashFun is a Web3 gaming platform based on the social media mini-program, and it will expand to more social platforms in the future.

Web3 game developer Gunzilla Games has received strategic investment from a certain venture capital firm, with the specific amount undisclosed. Gunzilla Games developed the dystopian cyberpunk shooting game "Off The Grid."

Web3+AI

AI cybersecurity company Octane has completed a $6.75 million seed round of financing. The funds will be used for product development, expanding the team, and increasing influence. Octane advocates for complementing passive audit models with always-on AI defenses, currently focusing on smart contract vulnerability detection.

Plastic Labs has completed a $5.35 million Pre-Seed funding round and launched the AI identity platform Honcho. Honcho provides user identity modeling and social cognition features to help developers build personalized AI agents. Plastic plans to expand Honcho into a decentralized network.

The Web3 AI project DecentralGPT has completed a $3 million angel round and Series A strategic financing. The project will accelerate the development of core modules such as multimodal large model support and zero-knowledge proof privacy layers. DecentralGPT is a decentralized LLM infrastructure that enables the distributed deployment of multiple open-source large models.

Infrastructure and Tools

The L2 project OpenZK Network has completed an early financing round of $6 million. The funds will be used for technology research and development as well as ecosystem building. OpenZK is a Layer 2 solution based on ZK rollup, integrating ETH staking, liquidity re-staking, and stablecoin staking.

The modular blockchain platform Plume has received strategic investment from a certain fund. The financing will accelerate the development of Plume's full-stack infrastructure. Plume is building an EVM-compatible blockchain environment that transforms traditional financial instruments into composable digital assets.

Consumption Applications

The crypto dining app Blackbird Labs has completed a $50 million Series B financing. Blackbird is a restaurant loyalty and payment application that rewards users with the internal cryptocurrency FLY. Blackbird has covered over 600 restaurants in multiple cities.

The Web3 financial education platform BugsCoin has completed a $12 million Series A financing. The funds will be used for global expansion, upgrading asset management protocols, developing AI advisory tools, and more.

The decentralized publishing platform Libraro has secured an investment of approximately $1.28 million. Libraro uses Blockchain technology to protect authors' identities, prevent copyright infringement, and enhance ownership transparency.

Web3 Social

The decentralized communication protocol Towns has completed a $10 million Series B financing. Towns is dedicated to building on-chain communication infrastructure to promote the development of Web3 social and collaboration tools.

Centralized Finance

The crypto insurance company Meanwhile has completed a $40 million Series A funding round, with a valuation of $190 million. Meanwhile offers life insurance payable and compensable in Bitcoin. The funds will be used for global expansion and to meet regulatory requirements.

The crypto payment center Lyzi has completed approximately $1.4 million in seed round financing. Lyzi is built on the Tezos Blockchain, allowing users to make everyday payments using cryptocurrency.

The tokenization platform Progmat has completed its Pre-A round of financing, introducing three new investors. The financing has led to the dilution of the original shareholders' equity. Progmat is one of Japan's leading digital securities issuance networks.

Venture Capital Fund

A certain organization has opened applications for a $250 million liquidity fund to support medium and large-scale crypto projects.

A certain Blockchain network has launched an ecosystem fund of approximately $108 million to support RWA tokenization and DeFi projects.

Funding Weekly Report | 17 public financing events; Crypto dining app Blackbird Labs completes $50 million Series B funding, with participation from Coinbase and others

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MoonBoi42vip
· 08-14 00:58
Everyone is playing with AI, is there still anyone who wants money?
View OriginalReply0
SchrodingerWalletvip
· 08-13 22:37
Give me a chance to enter a position and bet big.
View OriginalReply0
MEVHuntervip
· 08-12 21:47
ngmi... just more exit liquidity hunting for btc maxi bags. backrunning these defi plays since day0 and the toxic flow is obvious af
Reply0
HashRatePhilosophervip
· 08-11 19:37
BTC with leverage is going To da moon
View OriginalReply0
NFTArchaeologisvip
· 08-11 19:36
The evolution of the mysterious DeFi projects is as fascinating as gazing upon ancient Egyptian financial texts.
View OriginalReply0
staking_grampsvip
· 08-11 19:32
The market is becoming a bit clearer.
View OriginalReply0
CoffeeNFTradervip
· 08-11 19:31
Help, there is no pattern to how this money is being spent.
View OriginalReply0
SilentAlphavip
· 08-11 19:26
It's still early, the second half of the year is the main event.
View OriginalReply0
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