According to Odaily Planet Daily's incomplete statistics, there were 21 blockchain financing events announced from November 25 to December 1, up from 14 the previous week. The total disclosed financing amount was approximately $173 million, up from $118 million the previous week.
Last week, the project with the highest investment amount was the blockchain payment company Partior ($80 million); the synthetic stablecoin issuance protocol usdx.money closely followed ($45 million).
The following are the specific financing events (Note: 1. Sorted by disclosed amount; 2. Excluding fund raising and M&A events; 3. * for "traditional" companies with partial blockchain-related businesses):
On November 27, blockchain payment company Partior completed an $80 million Series B financing round, with Deutsche Bank joining as a new investor. Previously, in July 2024, Partior announced the completion of a $60 million financing round, with investors including Peak XV Partners, JPMorgan Chase, Jump Trading Group, Standard Chartered, Temasek, and Valor Capital Group.
On November 29, the synthetic stablecoin issuance protocol usdx.money announced the successful completion of its latest round of financing, with the project's valuation now reaching $275 million. This round of financing amounted to approximately $45 million, with major investors including NGC, BAI Capital, Generative Ventures, UOB Venture Management, and others, some of whom invested through warrants. Existing supporters of the project include Dragonfly Capital and Jeneration Capital.
On November 26, the modular blockchain U 2 U Network announced the completion of a $13.8 million financing round, with investors including KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3 V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, and UB Ventures.
On November 26, Zuoan Xinhui (Shanghai) Data Technology Co., Ltd. (hereinafter referred to as "Zuoan Xinhui") released its first RWA (Real World Asset Tokenization) project in the agricultural field - the "Maliu Grape RWA" project, and completed 10 million yuan in equity financing.
Schuman Financial completes $7.36 million seed round financing, led by RockawayX
On November 26, stablecoin issuer Schuman Financial completed a $7.36 million seed round financing in September, led by RockawayX, with Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund, and Bankless Ventures participating. In addition, Schuman Financial has launched a euro stablecoin EURØP that meets the MiCA standard.
On November 28, crypto yield protocol developer Avant completed a $6.5 million seed round financing, with a post-money valuation of $25 million. Investors include Superlayer, Avalaunch, GoGoPool, Daybreak Digital, and Linda Kreitzman. Founder Rhett Shipp said Avant was founded in June this year and began informal talks with investors in May, but officially started fundraising in October and completed it earlier this month.
On November 26, Talus Network announced the completion of a $6 million strategic round financing at a $150 million valuation, led by Polychain Capital, with Animoca, Geek Cartel, Foresight Ventures, and Echo, as well as a group of angel investors participating. Talus Network is a high-throughput blockchain protocol designed for decentralized AI agents, and its total financing to date has reached $9 million.
OpenTrade completes $4 million seed round extension financing, led by AlbionVC
On November 25, the Web3 lending and yield product platform OpenTrade announced the completion of a $4 million seed round extension financing, led by AlbionVC, with a16z Crypto and CMCC Global participating. It is reported that OpenTrade plans to use the funds from this round to expand its operations, enhance product functions, and develop other services including support for new asset types.
On November 27, the privacy-focused social protocol Rarimo announced the completion of a $2.5 million Vision round financing, dedicated to the founders. Ethereum co-founder Vitalik Buterin, Celestia co-founder Nick White, RiscZero co-founder Brian Retford, Gnosis co-founder Stefan George, and Aleo co-founder Alex Pruden are among the project founders who participated as investors. Rarimo is expected to migrate to Ethereum in the first quarter of 2025 in a roll-up form, making its ZK identity registry more accessible. Rarimo's identity model uses ZK-encapsulated existing identity proofing methods and builds applications on top of it, allowing users to prove their identity without fully disclosing it.
Bleap completes $2.3 million seed round financing, led by Ethereal Ventures
On November 28, Bleap, founded by former Revolut employees Joao Alves and Guilherme Gomes, completed a $2.3 million seed round financing led by Ethereal Ventures. Other participants include Maven 11, Alliance DAO, Robot Ventures, and Credibly Neutral, as well as investors from Revolut, Phantom, OKX, EigenLayer, and ConsenSys. After this round of financing, the company's valuation reached $10 million.
Prediction market BRKT.gg completes $1.75 million seed round financing, led by Foresight Ventures
On November 27, the prediction market BRKT.gg announced the completion of a $1.75 million seed round financing, led by Foresight Ventures, with Orange DAO, V3 V Ventures, MEXC Ventures, 280 Capital, Triton Liquid Fund, Movement, Silvermine Capital, and Nibiru Chain participating.
Web3 ARPG blockchain game Runesoul completes $1 million seed round financing, led by Accelbyte
On November 30, the Web3 ARPG blockchain game Runesoul announced the completion of a $1 million seed round financing at a $20 million valuation, with the round co-invested by Accelbyte and IGC.
On November 29, the Meme coin fair issuance platform BabyGOUT based on the BSC chain announced the completion of a $500,000 seed round financing, led by Crypto Labs with Panther Capital participating.
SIX invests in Spanish real estate tokenization platform OpenBrick
On December 1, SIX, the owner of the Spanish stock exchange BME, has invested in the Spanish real estate tokenization platform OpenBrick, as a complement to SIX Digital Exchange (SDX).
Lnfi Network Completes Pre-Seed Funding Round, with HashKey Capital Among Investors
On November 30, Lnfi Network (formerly NostrAssets) announced that it has completed a Pre-Seed funding round, with HashKey Capital, UTXO Management, CMS Holdings, Waterdrip Capital, and Wolf's Clothing among the investors. The specific funding amount and valuation information have not been disclosed yet. The new capital will support the expansion of its Lightning and Bitcoin order book exchange LN Exchange, aiming to elevate the Lightning Network from an instant payment protocol to a comprehensive financial ecosystem.
On November 30, the DeFi liquidity restart protocol Tren Finance announced the completion of a seed round funding, with Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital, and Spyre Capital among the investors. The specific funding amount and valuation information have not been disclosed yet. Tren Finance is currently primarily providing the community with liquidity proofs and pegs to support the re-collateralization of LP, money market deposits, and re-pledging positions in DeFi services.
No-Code Telegram Mini-Program Launcher SODA Raises Pre-Seed Funding Led by Gagra Ventures
On November 30, the no-code Telegram mini-program launcher and cryptocurrency distribution infrastructure SODA announced the completion of a Pre-Seed funding round, led by Gagra Ventures, with participation from Kenny Li (founder of Manta Network and p 0x Labs), Marat Khichikov (Executive Partner at Bitfury Group), Seb (founder of Sophon), and Omakase (early contributor to Sushiswap). The specific funding amount and valuation information have not been disclosed. SODA will support Memecoin developers in using Telegram as a distribution channel and is expected to launch in December 2024, initially supporting Solana, EVM, and TON blockchains, with plans to expand to Sui, Aptos, and others.
Crypto Investment Platform BitSave Completes Pre-A Round Funding, Led by Leo Capital
On November 27, the Bangalore-based crypto investment platform BitSave announced the completion of a Pre-A round funding, led by Leo Capital. The specific funding amount and valuation data have not been disclosed yet. Its core service currently is providing cryptocurrency index products for professional and high-net-worth individuals (HNIs), mainly tracking the Bloomberg Galaxy Crypto Index. The platform plans to use the new capital to support the acquisition of business licenses and expand its crypto investment business to other Asian countries.
Vanilla Finance Completes Pre-Seed Funding Round, Led by Paper Ventures
On November 26, the Telegram ecosystem trading platform Vanilla Finance announced the completion of a Pre-Seed funding round, led by Paper Ventures, UOB Ventures, and ABCDE Labs, with participation from HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital, and angel investors from projects like STEPN and Scroll. The specific funding amount has not been disclosed. Vanilla Finance plans to use the capital to expand its market product range and focus on deploying the digital economy in Southeast Asia and the Asia-Pacific region, providing localized services.
UXLINK Announces Strategic Investment in Lumoz, Aiming to Co-Build a Social Growth Layer
On November 26, UXLINK announced a strategic partnership with Lumoz, and UXLINK's ecosystem fund UFLY LABS will also make a strategic investment in Lumoz. In the future, the two parties will co-build a Social Growth Layer, which is the first infrastructure layer aimed at supporting the social growth of Dapps.
BNB Chain Ecosystem Re-Pledging Infrastructure Kernel Receives Investment from Binance Labs
On November 25, the BNB Chain ecosystem re-pledging infrastructure Kernel announced that it has received an investment from Binance Labs. To date, its total funding has reached $10 million, with major investors including: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, LongHash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.
