According to Foresight News statistics, between December 16 and December 22, a total of 20 investment and financing events occurred in the crypto market, including 8 in tools and infrastructure, 2 in the Decentralized Finance field, 3 in the asset management field, 3 in the chain game and Non-fungible Token field, and 4 in the Web3 field. The total amount of investment and financing disclosed is approximately US$73 million, of which many financing projects have not disclosed the amount of financing.
Summary chart of the total amount of disclosed financing and the number of financing transactions at the weekly level:
This week’s investment and financing projects are sorted by financing amount as follows:
This week, there were three tens of millions of dollars in financing, including Web3 fan platform Medallion completed a $13.7 million Series A funding round, Web3 tax services company Tres Finance completed a $11 million Series A funding round led by Lightspeed Faction, and Bitcoin miner Unblock Global closed a $15 million funding round.
In the investment and financing segment, the tool infrastructure field was more active this week, and the Decentralized Finance field was relatively sluggish.
In terms of institutions, this week’s active organizations include Dragonfly, Lightspeed Faction, and Animoca Brands, among others, with a strong focus on the tool infrastructure space.
Tools & Infrastructure
OrdFi Project Tap Protocol Closes $4.2 Million Funding Round
TAP Protocol’s features include Token-Send for large-scale transfers, Token-Trade for streamlining textual inscription-based transactions, and Token-Auth for third-party issuance of signature redemption inscriptions.
Unblock Global Closes $15 Million Funding Round
Unblock Global is a Bitcoin miner.
Layer2 Network Frame Completes New Round of Funding and Launches Airdrop
Frame, a Layer2 rollup designed for Non-fungible Token and based on the Arbitrum Nitro stack, went live Testnet November this year, and its Mainnet and native Token FRAME is expected to launch on January 31, 2024.
Incentivized Web Scraping Network Grass Closes $3.5 Million Seed Round
Launched in June 2023, Grass focuses on transforming public network data into AI datasets, making public network data more accessible to Open Source AI projects.
Aki Network Closes Series A Funding Round
Aki Network is a data-driven Web3 influencer network.
Web3 Cloud Computing Platform 4EVERLAND Closes $2 Million Funding Round
4EVERLAND is a Web3.0 infrastructure powered by Blockchain technology, integrating various DePIN protocols to provide developers with convenient, efficient, and low-cost storage, networking, and computing power.
DePIN Project Hivello Closes $1 Million Pre-seed Financing
Hivello will launch its technology around December 25 and expects to integrate up to 100 DePINs over the next 12 months.
DID Market Aggregator GoDID Closes New Funding Round at $30 Million Valuation, Led by NGC
GoDIDs’ capabilities include bulk search, registration, transactions, and management of all types of DIDs.
Decentralized Finance
Qredo secures debt financing led by 10T Holdings
Qredo is a Decentralized Finance infrastructure platform,
Web3 Staking Protocol Web3mine Closes $6 Million Seed Round
Web3Mine aims to support the collective alignment of capital and hardware to build an open, high-performance, and resilient computing infrastructure.
Asset Management
Swiss Blockchain Micropayments Startup Centi Closes Seed Round**
Centi mainly uses Blockchain technology to solve the inefficiency and lack of financial inclusion of micropayments, while providing innovative payment solutions based on Stable Coin technology. In March this year, the company announced the launch of Centi Swiss Franc, a stable coin pegged to the Swiss franc, backed by Swiss banks at a 1:1 ratio.
OneDegree Receives Strategic Investment from Dubai Insurance
OneDegree is a Hong Kong-based digital asset insurer.
Web3 tax services firm Tres Finance closes $11 million Series A funding round
Tres provides accounting, auditing, reporting, and other financial services to Web3 companies.
Fiat Republic Closes $7 Million Seed Round
Fiat Republic is a banking-as-a-service Web3 platform.
Non-fungible Token and Chain Gaming
Web3 Company DM2C Studio Closes $2.3 Million Funding Round
DM2C Studio was founded in January 2023 with the goal of developing DMM’s Web3 business, including Blockchain games and Non-fungible Token projects, and will release the Non-fungible Token strategy trading card game “CoinMusume” in 2024.
Game developer Nexon to inject $100 million into its blockchain gaming ecosystem, MapleStory Univese
Game developer Nexon announced the launch of a $100 million Web3 fund to support its blockchain gaming ecosystem, MapleStory Univese and related IP, which will be used to support developers to build SDKs and build a sandbox platform for players and creators to make Blockchain games.
Blockchain-based MMA management game MetaFight has received strategic investment from Animoca Brands
Metafight is an ecosystem dedicated to digitizing MMA and connecting it to the real world, and the first upcoming management card game (MCG) has become a collector’s card for professional MMA fighters.
Web3
Web3 Growth Marketing Services Company Addressable Closes $6 Million Funding Round
Addressable primarily helps Web3 companies and projects with paid advertising campaigns, including ad networks such as X (formerly Twitter), Unity, Pubmatic, and Magnite, and supports seamless integration with Twitter Pixel, DSP Pixel, Mixpanel, and Google Analytics to track website conversions, wallet connections, on-chain metrics, and more.
Web3 Fan Platform Medallion Closes $13.7 Million Series A Funding Round
Medallion offers a dedicated digital hub for artists to promote album releases, tour dates, and merchandise launches, as well as sell digital collectibles and share exclusive content to deepen their connection with fans.
Web3 Community Initiative Protocol Moove Protocol Closes Seed Round
Moove Protocol was jointly launched by Two3 Labs and CowCow to foster a community of builders, creators, and visionaries with the goal of building a fully Decentralization ecosystem to help more Web3 projects build and launch by developing community-oriented tokens.
FORMLESS CLOSES OVER $2.2 MILLION IN FUNDING
FORMLESS is a network of decentralization creators.
Miscellaneous
Yolo Investments Launches New Flagship Fund “Yolo Fund II LP” to Raise $100 Million to Expand into Gaming, Blockchain and More
Yolo Investments, a venture capital fund with over €600 million in assets under management, announced the launch of a new flagship fund, Yolo Fund II LP, targeting €100 million in global distributed gaming, fintech and Blockchain-related asset classes.
