23 projects raise $131.2 million Taproot raises $30 million

Compiled by: Golden Finance

This week, 23 blockchain startups raised a total of $131.2 million in funding.

The biggest round of financing this week

Taproot Wizards raised $30 million in a round of financing from investment institutions such as Standard Crypto*, Cyber ​​Fund, Collider Ventures, Geometry, Masterkey VC and Newman Capital.

Taproot Wizards is a Bitcoin-centric project inspired by the early Bitcoin Wizard Memes, designed to reignite the magic and sense of community within the Bitcoin realm. The project is dedicated to rebuilding the "Witcher Village" and invites enthusiasts to join in to embrace the magic of Bitcoin by creating and sharing "magic Internet JPEG pictures" and reviving forgotten Bitcoin poetry. The Taproot Wizards project aims to rekindle the spark of curiosity and comradeship that is unique to Bitcoin’s early days.

Angel and Seed Round Financing

ProdigyFi raised $5 million in a seed round of financing from investment institutions such as Quantstamp , Republic , Arbelos Markets, Panony, RSK Capital and Samara Alpha Management.

ProdigyFi is a decentralized finance (DeFi) platform that provides dual investment products that enable users to earn profits by setting the target price of buying or selling cryptocurrencies (such as Wrapped Ethereum, or WETH). Users can create or subscribe to vaults with customizable parameters such as target prices, maturity dates, and yields for strategic trading and risk management. The platform serves both novice traders and experienced traders, providing permissionless trading execution opportunities and optimizing positions based on market trends.

Fragmetric raised $7 million in a seed round from investment institutions such as Finality Capital , Hashed , Hypersphere, Presto Labs, Bitscale Capital, Halo Capital and Flowdesk.

Fragmetric is a Solana-based liquidity re-staking agreement designed to enhance the security and economic growth of the Solana ecosystem. With the first liquidity re-staked token (LRT) fragmentSOL, users can earn from their staked SOL and liquidity staked tokens while participating in DeFi. Fragmetric’s platform utilizes Solana’s token expansion to optimize the allocation of staking, maximum withdrawable value (MEV) and NCN/AVS rewards, enabling users to leverage fragSOL as collateral, provide liquidity or on a decentralized exchange (DEX) Make a transaction on. The goal of this protocol is to build a robust restaking ecosystem through standardized LRT and community contributions.

Fraktion raised $1.1 million in a seed round from investment institutions such as Cabrit Capital, Tezos Foundation and Vox Capital.

Fraktion is an end-to-end software-as-a-service (SaaS) platform focused on tokenization and management of real-world assets (RWA). It enables businesses to digitalize assets, issue and manage security tokens, and simplify investor registration processes with integrated KYC/AML compliance processes. Fraktion’s white label solution allows customers to efficiently launch personalized investment platforms, reduce operating costs and enhance investor engagement. The platform supports a variety of use cases, including club transactions, community-led investments and crowdfunding programs.

Henlo in a seed round of financing from The Honey Jar, Kodiak, Arcthecommunity (ARC), Framework Ventures, Rubik VC, Baboon VC, Primitive, SNZ Holding, ViaBTC Capital, Paramou nt Capital, Wizards Capital and Asylum Ventures have raised $3 million .

Henlo is a meme coin built on the Berachain blockchain by The Honey Jar community. It is positioned as a “useless meme coin” with no practical value, but has an interesting and community-driven approach in the cryptocurrency space. Henlo aims to promote user engagement through memes, games and a relaxed culture, providing an entry point for beginners in the cryptocurrency world.

Rho Protocol raised $4 million in a seed round from investment institutions such as CoinFund*, Flow Traders, Speedinvest and Auros Global.

Rho Protocol is a non-custodial platform that is revolutionizing institutional-grade interest rate derivatives trading. It provides derivatives with a transparent and secure market for derivatives by seamlessly integrating cryptocurrency-specific and traditional interest rates on the chain, providing institutional cryptocurrency traders with capital-efficient trading opportunities. It focuses on areas such as pledge, digital asset lending and financing interest rates. The upcoming private beta on Arbitrum marks an important milestone in reshaping the interest rate market in the decentralized cryptocurrency space.

Tevau raised undisclosed amounts in a seed-first round.

Tevau is a financial platform that provides cards associated with cryptocurrencies, enabling users to seamlessly manage and consume their cryptocurrency assets. With the Tevau app that can be downloaded from the Google Play Store, users can easily manage their Tevau cards, including the ability to freeze, replace or manage cards. The platform supports both VISA and Mastercard, providing flexible trading methods. Tevau aims to bridge the gap between traditional finance and cryptocurrency worlds by providing seamless financial opportunities.

Flashnet raised $4.5 million in a seed round of financing from investment institutions such as Abstract Ventures*, UTXO Management, Soma Capital, HF0, Chapter One, Accomplice Blockchain and Fan Zhang.

Flashnet is a non-custodial Bitcoin exchange that enables instant, low- cost transactions through Lightning Network and Unspended Transaction Output (UTXO) transactions. It integrates seamlessly with Bitcoin wallets and provides developers with deep liquidity.

Herd raised $1.8 million in a seed-first round from investment institutions such as Semantic Ventures*, Archetype, Will Price, Hardi Meybaum, Fredrik Haga, David Phelps, Jess Sloss and Paul Taylor.

Herd is developing a collaborative terminal or "collaborative terminal" that aims to simplify interaction with on-chain contracts. This platform enables users and artificial intelligence (AI) agents to collaborate on-chain contracts to generate on-chain and off-chain output. By increasing the visibility and accessibility of smart contracts, Herd aims to unlock the potential of decentralized applications and simplify complex workflows in the cryptocurrency ecosystem.

Other financing rounds

Hex Trust raised undisclosed amounts in a financing round involving Morgan Creek Capital* and Injective.

Hex Trust is a fully licensed digital asset custody company that provides bank-level custody services for digital assets and provides a range of solutions for financial institutions and the Web3 ecosystem. They provide services such as custody, decentralized finance (DeFi), brokerage and financing solutions, and have offices in multiple countries including Singapore, Hong Kong, Dubai, Italy and Vietnam.

The Game Company raised $10 million in a financing round involving Telcoin , Paul Neuner , BullPerks , SingularityDAO , NodeMarket, and HyperCycle.

The Game Company (TGC) is an AI-enhanced cloud gaming platform that enables users to play a variety of games on any device without expensive hardware or downloads. Through partnerships with platforms like Steam and Epic Games, TGC has a library of over 1,300 games and offers a latency-free gaming experience through proprietary low-latency streaming technology. The platform integrates Web3 features and launches tournaments, fantasy leagues and a game- and-making mechanism to create a seamless gaming and profitable ecosystem.

Multisynq raised $350,000 in public financing rounds.

Multisynq is a decentralized synchronous network that allows individuals to monetize by selling their excess internet bandwidth to developers to create a unified online experience. It connects Synqers and Coders, allowing anyone to participate as Synqers and receive rewards, while providing low-latency, perfectly synchronized connections to multiplayer games and applications built on the network.

W Chain raised $700,000 in funding in a financing round involving Victus Capital.

W Chain is a hybrid layer-1 blockchain platform designed for global payments. By integrating public and private blockchain layers, it provides enhanced scalability, speed and security. The platform supports high transaction volumes and is designed to simplify complex business processes and ensure efficient and secure transactions.

Superlogic is poweredger*, Sangha Capital, 10SQ Capital (TenSquared), Nima Capital, ACTAI Ventures, Hyla, Liquid 2 Ventures, American Express Ventures (Amex), Galaxy Interactive, Mirabaud Lifestyle Impact and Innovation, Recharge Capital (Thematic Ventures), Dispersion Capital and Sanctor Capital raised $13.7 million in the Series A financing round.

Superlogic is a loyalty platform built using blockchain and artificial intelligence technologies. It provides businesses with tailored solutions that are seamlessly integrated into existing customer relationship management (CRM) and loyalty management systems. Superlogic drives customer engagement and loyalty with innovative features and interoperable protocols.

Reservoir is based on Union Square Ventures (USV)*, Variant Fund, Archetype, Square Peg, 1kx, Delphi Digital, Nascent, PTC Crypto (Palm Tree Crew), Coinbase Ventures, Spaceship DAO, THE LAO, Sapphire Ventures, and Framework Ventures participated $14 million was raised in the Series A financing round.

Reservoir is an open source developer platform that provides powerful tools and application program interfaces (APIs) for building next-generation non-fungible tokens (NFT) products. It integrates and standardizes the entire NFT market onto a unified platform, enabling developers to access comprehensive NFT data, create, store and complete NFT orders, and integrate transaction capabilities into their applications. Reservoir supports multi- chain compatibility and aggregates liquidity from major NFT markets to facilitate seamless NFT transactions across platforms.

Domin Network raised undisclosed amounts in a financing round involving Animoca Brands.

Domin Network is a decentralized business network that uses NFT and DePIN rollup technology to link software, hardware and consumer behavior data on the chain. It allows users to receive cryptocurrency rewards by sharing their consumption data, thus driving the development of an open data economy. The Domin Foundation supports the ecosystem, introducing innovations such as multi-redeemable NFTs (mrNFTs) and ERC-6672, of which ERC-6672 is the standard for programmable NFTs.

Textile (Tableland) raised undisclosed amounts in a merger and acquisition (M&A) financing round involving 3Box Labs.

Textile is an open source set of tools designed to integrate and extend Libp2p, Interstellar File System (IPFS), and Filecoin technologies. It provides developers with decentralized solutions for data storage, database management and communication. Its Tableland project is a decentralized database that uses Structured Query Language (SQL) to process structured data, providing developers with a native Web3 relational database that can be easily integrated into their stack. It allows developers to create and manage tables as on-chain assets, with customizable permissions and smart contract integrations designed to introduce practical data management to applications.

Keystone Hardware Wallet raises undisclosed amounts in a grant financing round that was participated by the Avalanche Foundation.

Keystone is a cryptocurrency hardware wallet designed to provide secure, air gap cold storage. It comes with a 4-inch touch screen and uses QR code scanning for transaction signatures to ensure isolation from network connections such as Wi-Fi, Bluetooth, NFC and cellular networks. This design enhances security by minimizing potential attack vectors. Keystone's firmware is open source, allowing the community to conduct audits and improve transparency. The device also supports multi-signature and advanced recovery mechanisms to protect assets.

Beamable is a part of BITKRAFT Ventures*, Defy, GrandBanks Capital, Solana Foundation, P2 Ventures (Polygon Ventures), Scytale Digital, Arca Fund, Advancit Capital, 2 P unks Capital and Permit Ventures raised $13.5 million in Series A financing round funds .

Beamable Network is a DePIN designed to reduce gaming’s dependence on centralized hyperscale cloud services. It provides cost-effective and resilient alternatives to real-time gaming support through decentralized computing power, storage and bandwidth, and is achieved through tokenized incentives. Beamable also provides an open, scalable gaming server platform equipped with tools such as real-time operations (LiveOps), serverless backend and Web3 integration to help developers build and expand online games.

Olas (Autonolas) is from 1kx*, Tioga Capital Partners, Sigil Fund, Zee Prime Capital, Spaceship DAO, Metropolis DAO, Very Early Ventures, Borderless Capital, Financing rounds participated by Arkn Ventures, Generative Ventures, Keyrock, Perridon Ventures, and Smape Capital 13.8 million US dollars were raised.

Olas is a decentralized platform that allows the creation and co-owning of autonomous artificial intelligence (AI) agents to promote the development of the entire AI-powered economy. By incentivizing developers, operators and other players, Olas coordinates the deployment of agents on multiple blockchains to facilitate collaborative approaches to AI development. The platform provides the open source framework Olas Stack, which allows developers to build off-chain proxy and ensure its security on-chain, ensuring robustness and transparency.

Klink Finance in a round of financing from Castrum Capital , Blockchain Founders Fund (BFF) , UOB Venture Management, Master Ventures, Signum Capital, TechmeetsTrader, Taisu Ventu res, MarsDAO, TRIVE Ventures, ChainGPT, Credit Scend, Gallet Capital, Trinity Ventures, Black Investment institutions such as Alpha Capital, Blockbase and XVC (XDC Ventures) raised $3.2 million .

Klink Finance is a crypto-wealth creation platform that combines mission- based rewards with high-growth investment opportunities. Users can earn daily cryptocurrency benefits by participating in bonus pools, earnings services and completing tasks. The platform ensures security through Fireblocks’ hosting services and uses Chainlink’s Verified Random Functions (VRF) to achieve fair on-chain draws. Klink Finance is available on mobile applications for iOS and Android devices.

GOAT Gaming (developed by Mighty Bear Games) in a strategic round of financing from TON Ventures , Karatage , Amber Group , Bitscale Capital , Framework Ventures, Mirana Ventures, Folius Ventures, Sfermi on, The Spartan Group, Sanctor Capital, Dune Ventures, Infinity Ventures Crypto (IVC), Gate Ventures, DWeb3 Capital, Ocular VC, Play Ventures, Next Web Capital, Presto Labs, Skycatcher, Razer, Ancient 8, Avocado Guild, KGeN, ReadyP layerDAO, Everblue Management, Great South Gate (GSG), Gabby Dizon Investment institutions such as Santiago R. Santos and Grail eth raised $4 million .

GOAT Gaming is a Telegram exclusive gaming platform developed by Mighty Bear Games. It has more than 5 million active users, provides competitive and casual games, and has real-life gold rewards. The platform is powered by AlphaGOATs, an autonomous AI agent that competes, earns rewards and continues to evolve. Its AlphaAI tool suite enables third-party developers to launch, profit and scale games seamlessly.

Corn raised $1.5 million in a public sale round.

Corn is an Ethereum Layer 2 solution built on top of Bitcoin, which enhances the practicality of Bitcoin by adopting gas consumption in the decentralized finance (DeFi) ecosystem. Corn launches BTCN, a hybrid tokenized Bitcoin powered by native Bitcoin 1:1, providing Bitcoin holders with flexible options to use their assets in DeFi without relying on centralized intermediaries .