Meridian Raises $4M Seed Funding to Catalyze DeFi Ecosystem on Movement Labs
| | | |

Meridian Raises $4M Seed Funding to Catalyze DeFi Ecosystem on Movement Labs

ByAlice Temper

Meridian, a decentralized liquidity marketplace and liquid staking protocol built on Movement, has secured $4 million in seed funding. The funding will be used to expand the global team across engineering, product, and marketing roles, supporting the platforms roadmap and gotomarket strategy. The round was led by ParaFi Capital and Borderless Capital, with participation from…

Huma Finance Raises $38 Million in Funding for Payment Financing Network Expansion
| | |

Huma Finance Raises $38 Million in Funding for Payment Financing Network Expansion

ByAlice Temper

Huma Finance, the first Payment Financing (PayFi) network, has raised $38 million in funding to transform payment financing by using realworld assets to provide instant and borderless liquidity, enhancing financial solutions speed, accessibility, and efficiency. The funding will be utilized to expand the PayFi network, bringing trillions of dollars of realworld payment volume to blockchains…

HTX Ventures Announces Strategic Investment in Vanilla Finance
| | | | |

HTX Ventures Announces Strategic Investment in Vanilla Finance

ByAlice Temper

HTX Ventures, the investment arm of cryptocurrency exchange HTX, has made a strategic investment in Vanilla Finance, a platform that allows users to own Bitcoin at a low cost. Vanilla Finance has gained popularity on Telegram with features like playtoearn mechanisms and transaction mining, making cryptocurrency trading accessible and engaging. The platform offers simplified derivatives…

Sahara AI Secures $43 Million in Funding to Support AI Sovereignty Platform
| | |

Sahara AI Secures $43 Million in Funding to Support AI Sovereignty Platform

ByAlice Temper

Sahara AI, a decentralized blockchain platform focused on AI sovereignty and provenance, has announced $43 million in funding. The funding will be used to expand the global team, enhance the AI blockchains performance, and grow the developer ecosystem. The round was led by Pantera Capital, Binance Labs, and Polychain Capital, with participation from several other…

Igloo, Inc. Secures $11 Million Funding to Develop Abstract Blockchain
| | | |

Igloo, Inc. Secures $11 Million Funding to Develop Abstract Blockchain

ByAlice T

Igloo, Inc., the parent company of Pudgy Penguins, has closed a funding round of over $11 million led by Founders Fund with additional investments from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital. The funding will be used to establish Cube Labs, a new venture under the Igloo banner, to lead blockchain research and…

Strategic Investments Propel Bitlayer Labs to Successful Series A Funding Round
| | |

Strategic Investments Propel Bitlayer Labs to Successful Series A Funding Round

ByAlice T

Bitlayer Labs, the first Bitcoin Layer 2 based on the BitVM paradigm, has secured $11 million in its Series A funding round. The funding will be utilized for the expansion of Bitlayers ecosystem, supporting the development of native Web3 protocols and the launch of MainnetV2, a Bitcoinnative rollup. Leading the funding round are industry giants…

Mira Secures $9M Seed Funding to Democratize AI Access
| | | |

Mira Secures $9M Seed Funding to Democratize AI Access

ByAlice T

Mira, a decentralized infrastructure platform focused on expanding access to advanced AI, has announced the closing of a $9M seed round. The funding will be used to expand Miras headcount globally and support the development of the Mira network and its initial ecosystem applications, including Klok, an AI copilot for crypto. The round was led…

Auto Draft
| | | |

HTX Ventures Invests in Lombard to Enhance Bitcoin Liquidity

ByAlice T

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has strategically invested in Lombard, a restaking protocol aiming to increase Bitcoin liquidity and ecosystem. Lombards restaking product is built on top of the Bitcoin staking protocol Babylon, allowing individuals to utilize Bitcoin to secure other proofofstake networks. The protocol aims to transform Bitcoin…

SendBlocks Receives $8.2 Million in Seed Funding for Blockchain Data Management Platform
| | |

SendBlocks Receives $8.2 Million in Seed Funding for Blockchain Data Management Platform

ByAlice T

SendBlocks, a blockchain data management startup, has announced $8.2 million in seed funding to support its innovative platform that simplifies access to blockchain data. The company aims to make it easy for blockchain enterprises, ecosystems, and applications to define and access the data they need. The funding will be used to further develop and enhance…

HTX Ventures Announces Strategic Investment in Avail to Support Web3 Technology Expansion
| | |

HTX Ventures Announces Strategic Investment in Avail to Support Web3 Technology Expansion

ByAlice Temper

HTX Ventures has announced a strategic investment in Avail, a modular blockchain solution aimed at unifying Web3 and optimizing data availability for scalable applications. Avail DA provides decentralized infrastructure for developers to build and scale blockchain applications efficiently, combining security from the base layer through rollups and restaking with multiple assets for enhanced security. The…