Global Blockchain Investment and Financing Weekly Report

Last week (6.23-6.29), there were a total of 16 public financing events in the global Blockchain sector, with a total funding scale exceeding 272 million USD. The main investment areas are distributed as follows:

• There were 8 incidents in the DeFi sector, among which Veda completed a $18 million financing;
• In the Web3 gaming sector, two events occurred, including Spekter Games completing a $5 million pre-seed funding.
• In the DePIN field, dKloud has completed a financing round of 3.15 million dollars.
• In the infrastructure and tools sector, there were 8 incidents, including Digital Asset completing a strategic financing of $135 million.
• In addition to other application areas, MEET48 received investment;
• In the centralized finance sector, Castle has completed a $1 million Pre-Seed round of financing.

DeFi Field

Veda completed a $18 million financing round led by CoinFund. Veda offers a modular vault framework that supports developers in building simplified DeFi yield products, having processed over 100,000 user deposits and custodied assets exceeding $3.7 billion.

A well-known venture capital firm exclusively led a $15 million Series A funding round for the decentralized exchange GTE. GTE uses a centralized limit order book mechanism, with trading latency on par with mainstream centralized exchanges, while maintaining its decentralized characteristics. GTE has been built on the EVM-compatible MegaETH Blockchain, attracting approximately 700,000 users on its testnet.

Multi-chain DeFi infrastructure company Blueprint Finance has completed a $9.5 million funding round. The company was founded by Nic Roberts-Huntley and Dillon Liang in 2023, aiming to simplify the process for cryptocurrency holders to participate in DeFi lending. It has launched two products, Concrete and Glow, which cover the Ethereum and Solana ecosystems respectively.

The DeFi infrastructure company Yield.xyz has secured $5 million in strategic funding. The company, formerly known as the multi-chain wallet Omni established in 2021, has transformed this year into a yield aggregation platform. Yield.xyz integrates over 200 Solana ecosystem yield sources through a unified API, providing plug-and-play DeFi yield functionalities for wallets and crypto applications.

The private equity tokenization platform Jarsy has completed a $5 million Pre-Seed round of financing. The platform provides retail investors with the opportunity to invest in pre-IPO companies by issuing tokens that are 1:1 pegged to private company equity, with a minimum investment threshold of $10.

The institutional-grade DeFi execution engine Makina has completed a $3 million strategic funding round. Makina Finance is a DeFi execution engine that empowers various users such as AI agents and asset managers to deploy institutional-grade, risk-adjusted yield strategies on-chain.

The on-chain commodity derivatives exchange Sphinx has completed a $2 million Pre-seed round of financing. Sphinx is an institutional-grade commodity derivatives exchange based on its own permissioned Layer 1 Blockchain, providing 24/7 direct access to futures, options, and perpetual contracts for oil, natural gas, and other energy commodities.

The RWA tokenization infrastructure developer Byzanlink has completed a $1 million private placement financing. The company is registered in Dubai and is dedicated to providing institutional-grade tokenization solutions for traditional assets such as private equity, credit, and real estate through blockchain technology.

Web3 Gaming Sector

Game developer Endless Clouds has secured $6.25 million in funding and launched a new token, END, as the premium token in its ecosystem. The first project to integrate END is the open-world MMORPG "Treeverse," with more games to be included in the future.

Game developer Spekter Games has completed a $5 million pre-seed financing round. Its first Web3 game, Spekter Agency, is now online. This financing will be used to expand the business of Spekter Agency to more platforms, including other chat-based super applications and traditional mobile app stores.

DePIN Field

DePIN has completed a $3.15 million financing round with the enterprise-level cloud platform dKloud. dKloud is a decentralized cloud infrastructure platform that connects DePIN with enterprise-level information technology. The platform also features a marketplace where developers can contribute reusable tools and earn DKT tokens.

Infrastructure and Tools Field

The developer of the privacy Blockchain Canton Network, Digital Asset, has completed a $135 million strategic financing round. Canton Network focuses on configurable privacy and has attracted multiple companies to test RWAs on its platform. This financing will help the Canton Network further expand the coverage of RWAs.

Privacy-focused confidential blockchain protocol Zama has completed a $57 million Series B funding round, with a valuation exceeding $1 billion. Zama provides cross-chain privacy solutions for developers through fully homomorphic encryption technology, supporting the deployment of "confidential smart contracts" on existing blockchains. The protocol currently supports 20 transactions per second and plans to enhance this to over 10,000 transactions per second on a single chain using dedicated hardware accelerators.

Inference Labs has completed a $6.3 million strategic financing round for its cryptographic trust infrastructure. The company has developed the "Proof of Inference" zero-knowledge proof protocol, which provides a decentralized verification layer for AI models, ensuring the verifiability of output results while protecting model privacy.

Other Application Areas

The decentralized entertainment platform MEET48 has received investment. MEET48 integrates virtual performances, idol management games, and offline events, aiming to reach over 30 million fans in Asia, and plans to hold a large Web3 idol performance gala in Hong Kong on August 2.

Centralized Finance Domain

The Bitcoin financial platform Castle has completed a $1 million Pre-Seed funding round. The platform provides automated Bitcoin allocation solutions for small and medium-sized enterprises, allowing businesses to automatically convert sales revenue into Bitcoin at a preset ratio. The platform has integrated with payment tools such as QuickBooks and PayPal, with clients spanning industries including food and beverage, e-commerce, and real estate.

Venture Capital Institutions Dynamics

Sentinel Global's first fund has completed a fundraising of $213.5 million, aiming to invest in Blockchain and decentralized networks among other fields. The main areas of investment for this fund include privacy security, financial internet, open finance, and open social technologies.

A certain crypto giant announced the completion of its first venture capital fund raising, totaling $175 million. The fund focuses on investing in stablecoins, decentralized finance, and other areas at the intersection of traditional finance and Blockchain.

The newly established crypto venture capital fund Frachtis has completed a fundraising of 20 million USD, focusing on the intersection of Blockchain and artificial intelligence. Frachtis will invest in decentralized infrastructure, middleware, and consumer applications, and has currently laid out eight projects.